Supply Chain Crisis Leaves 63,000 Hyderabad Homes Stuck in Delivery Delays
Nearly 63,000 housing units in Hyderabad are facing significant delivery delays, with some projects pushed back by more than a year. Homebuyers who purchased properties years ago are still waiting to take possession of their homes. The delays are largely attributed to supply chain disruptions stemming from ongoing conflicts in the Middle East. Rising construction costs and a shortage of skilled labor have further compounded the problem for developers in the region.
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