Whalesbook
So, kya hua hai ki retail malls ka kharcha 13.9% badh gaya, luxury housing 12.8%, mid-market residential projects 11.9%, aur affordable housing 11.1%. Office buildings, hotels, aur warehouses mein thoda kam, matlab 7%, 6.5%, aur 5.8% ka rise hai. General manufacturing projects mein sabse kam, sirf 3.8% ka increase dikha hai. Matlab har sector mein alag alag cost pressure hai.
Abhi market toh badh raha hai, future mein $1.2 trillion tak pahunchne ka estimate hai, lekin ye badhti hui costs developers ke liye ek major headache ban gayi hai. Especially retail aur luxury sectors mein, jahan pehle margins acche hote the, ab woh bhi tight ho rahe hain. Experts ko lagta hai ki 2026 mein construction costs mein 3-5% aur increase ho sakta hai. Naye labor codes November 2025 se lagoo hone wale hain, jisse labor costs 5-12% tak badh sakti hain. Plus, steel aur aluminum jaise materials ke prices bhi volatile hain aur global supply chain issues ki wajah se transport bhi mehenga ho gaya hai. Is sab se developers ke profit margins 5% tak kam ho sakte hain, aur total construction costs 10-15% tak badh sakti hain.
Chote developers ke liye toh ye situation aur tough hai, jo zyada costs absorb nahi kar sakte. Pichle 5 saalon mein toh major cities mein construction costs lagbhag 40% badh gayi hain, jo ₹2,200 per sq ft se ₹2,800 per sq ft tak pahunch gayi hain October 2024 tak. Labor costs pichle 2019 se 150% badh chuki hain! Thoda raahat GST mein cement par mil raha hai, par baaki cheezein mehengi hain. Geopolitical tensions aur trade route problems ki wajah se supply chain mein issues aur transportation costs badh gayi hain. Iska sabse bura asar affordable housing par padega. Jab costs badhengi toh home prices bhi badhenge, jisse logon ke liye ghar lena aur mushkil ho jayega. Agar ye chalta raha toh projects delay ho sakte hain, naye launches kam ho sakte hain, aur sirf badi, financially strong companies hi tik paayengi. Affordable housing ka share bhi 2019 ke 40% se girkar 2025 tak 12% ho sakta hai.
Par haan, demand abhi bhi strong hai, economy badh rahi hai aur government infrastructure par bhi kharcha kar rahi hai, jaise PM Gati Shakti initiative. Aage 2025 aur 2026 mein cost growth thodi slow ho sakti hai. Ab developers ko smart hona padega. Focus operational efficiency, sustainable building practices aur technology adoption par hai. Bulk mein buying, suppliers ke saath better deals, aur simpler designs wagera explore kar rahe hain. Dekhte hain ki sector kaise in costs ko manage karta hai aur market ka fayda uthata hai.