Hyderabad, June 29 -- Thousands of homebuyers in Hyderabad will have to wait longer to move into their new flats as the delivery of nearly 63,000 residential units has been delayed.

According to property consultancy Anarock Group, the delayed housing units in Hyderabad account for nearly 10 per cent of the country's total delayed housing stock.

Middle East conflict slows housing projects

As per developers, supply chain and logistics disruptions due to the ongoing conflict in the Middle East has resulted in delays.

The pace of construction is affected due to shortages of imported construction materials, higher input costs, and transportation issues. As a result, many projects that were expected to be completed this year are now likely ...