India city Hyderabad pandemic India city Hyderabad

Construction cost up 5-6% due to covid 19, says JLL report

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The churn is on at the Kota factoryIn Hyderabad, meanwhile, such a house would command Rs4,275 per square feet.MV Harish, managing director, PDS, JLL India, said, “Going ahead, we see cost as a key driver in real estate decisions.

Many firms today are relooking at their real estate choices to optimize spend. While the true impact of pandemic on construction costs is still being discussed and debated, the general trend is obvious—construction costs are on the rise.

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