As India is facing inflation problems, and ever increasing commodity rates and weakening rupee contributing to inflation also the key factors which are set to take reality prices in bangalore towards the sky. Till today reality players have been trying to have their feet on ground in terms of price and pressure which is now set to change. Property developers have now decided to transfer a portion of burden to their customers.
Customers can expect reality hikes anywhere between 2% - 7%. In the last 9 to 12 months developers in the city have borne an inputs cost rise between 20% and 30%. Rising prices of steel, cement and labour have been driving the cost higher and higher.
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