Construction cost of greenfield infra projects increased by 5-7% Q32022: CBRE – NonSell.com

Construction cost of greenfield infra projects increased by 5-7% Q32022: CBRE


Sumary of Construction cost of greenfield infra projects increased by 5-7% Q32022: CBRE:

  • The overall construction cost of greenfield infrastructure projects increased by 5-7 per cent in the third quarter of 2022 (July-September), said leading real estate consulting firm CBRE South Asia in a report on Thursday.
  • UKs Asian Rich list: Hinduja family retain top spot, UK PM Sunak, his wife make debut.
  • The year 2022 recorded an escalation in material costs due to curtailed production amid the pandemic and increased international shipping costs led by supply chain bottlenecks.
  • CBRE report forecasts a marginal rise in the overall construction costs during 2023 across cities, with Mumbai likely to witness a sharper rise.

Want to know more click here go to source.

From -

Close
Menu