India, May 18 -- Against the backdrop of the ongoing West Asia conflict, Mumbai-based developer Vikas Oberoi, CMD of Oberoi Realty, said rising construction and energy costs, expensive labour and challenges in material availability are putting pressure on the real estate sector. "These are stressing us out, but it is a problem for the entire industry," Oberoi said during the company's Q4 FY26 earnings call recently.

Oberoi said on May 11, 2026 that the company now expects construction costs to rise and is factoring the increase into the projects it is undertaking.

Responding to a question on the impact of the West Asia conflict on customer sentiment, construction activity, raw material availability and project costs, Oberoi said, "Yes, ...