Bengaluru, April 6 -- India's real estate sector is facing a shortage of skilled workers and rising labour costs as soaring cooking gas prices push migrant workers back home, even as larger developers appear better placed to manage the disruption.
Developers across Mumbai, Delhi-NCR and Pune said the spike in liquefied petroleum gas (LPG) prices, along with supply constraints linked to the West Asia conflict, has raised the cost of living for migrant workers, triggering a dip in labour availability across key property markets.
Labour costs have already risen 5-15% due to the demand-supply mismatch, developers estimated, with the long-term impact likely to be more severe.
"We are witnessing a real and immediate labour disruption, partic...
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