Anarock, a leading Indian real estate consultancy, has warned that an extended West Asia war could threaten the delivery of over 500,000 homes in India. The warning comes amid ongoing regional tensions that have disrupted supply chains and increased material costs.
The Mumbai Metropolitan Region (MMR) and Pune are expected to be the worst hit, collectively accounting for 57% of the homes due for delivery. Anarock notes that housing demand remains resilient and project financing is better than in previous cycles, but the conflict poses significant risks.
Key factors include rising prices of steel and cement, delays in imports, and potential labor shortages. Anarock's analysis is based on current market data and assumes no rapid de-escalation of the conflict.
