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High construction costs push up realty prices: Prestige

Irfan Razack, chairman and managing director of Prestige Estates Projects Ltd tells CNBC-TV18 that increasing construction costs push up the price of real estate in Banglaore.

December 16, 2011 / 16:53 IST
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Due to continuously rising construction costs and the high interest rates, Irfan Razack, chairman and managing director of Prestige Estates Projects Ltd tells CNBC-TV18 that the cost of the end product is high.

TAGS: #Business #construction costs #interest rates #Prestige Estates Projects Ltd #real estate market
first published: Dec 16, 2011 04:00 pm

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