46
War & Conflict2h 24m ago

CREDAI Ahmedabad announced that property prices in Ahmedabad are set to rise by 5 to 10 percent due to increased construction costs caused by disruptions in global supply chains and labor shortages, partly attributed to the West Asia conflict.

Archive Window: 30 Days Left

Ahmedabad, India

Who
CREDAI Ahmedabad, Aalap Patel
What
CREDAI Ahmedabad announced that property prices in Ahmedabad are set to rise by 5 to 10 percent due to increased construction costs caused by disruptions in global supply chains and labor shortages, partly attributed to the West Asia conflict.
When
Tue, 16 Jun 2026 05:06:07 GMT · 2h 24m ago
Where
Ahmedabad, India ·
Why
The West Asia conflict has disrupted supply chains for essential construction materials and led to labor shortages, significantly increasing project expenditures for developers.
The Frontline Impact

How this affects you

Property prices in Ahmedabad are expected to increase by 5-10%, impacting homebuyers and potentially extending project completion timelines for developers facing penalties under RERA. This reflects regional economic pressure from global supply chain issues.

Story chain

5 events in this thread

Verified Sources & Citations