India, June 19 -- For India's real estate sector, which has been grappling with elevated construction and logistics costs, the US-Iran peace deal has raised hopes of cost stability. Experts say the agreement could help stabilise construction costs, though any relief is likely to be gradual rather than immediate.

The US-Iran war had triggered a sharp rise in input costs, with developers estimating that construction expenses increased by as much as 25% amid soaring fuel prices, shipping disruptions, supply-chain bottlenecks, labour migration, and higher prices for key materials such as steel, aluminium, and electrical equipment.

A durable peace and the uninterrupted movement of cargo through the Strait of Hormuz could help cool global oil...