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Ultimately, developers say they may have to increase home prices. “So far, the endeavour is to absorb the cost. But everybody has a limit, the margins are very thin,” said Thakur, who is also Maharashtra state president for the National Real Estate Development Council, an industry body. “In today’s world, customers are quite informed, they have a lot of choices. So the prices don’t show these kind of margins anymore, so yes, if this gets extended, I fear the cost will be passed on to the customer,” he added.There are also concerns that higher energy prices could push up inflation, reducing the…
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April 14, 2026 — 2:06pmSaveYou have reached your maximum number of saved items.Remove items from…
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