Pune: Experts fear property prices may rise ₹250-300 per sq ft if RMC suppliers go ahead with proposed hike

Ready-mix concrete suppliers in Pune have proposed a rate hike, potentially increasing construction costs by Rs 250-500 per sqft. This could lead to higher property prices for new launches as developers face challenges absorbing rising input costs. While some developers may absorb initial increases, future projects may see price corrections to maintain viability in the price-sensitive market.

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