Profit

Builders hit due to rising input costs

PUBLISHED ON: July 1, 2008 | Duration: 1 min, 54 sec

  
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It is not just the consumers who are feeling the pinch of higher home loan rates but developers too are under pressure with demand slipping on one hand and costs going up by almost 20-25 per cent on the other. But it is not going to be easy to pass this on to the consumer given that sales have already fallen across the country.
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