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The Economic Times

Global Business / The Economic Times

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NCR workers' wage hike may push up living costs in gated societies

Rising minimum wages and worker unrest in the NCR are poised to increase living costs in gated communities and inflate construction expenses. Facility management firms will likely pass higher labor costs to residents via maintenance charges, while developers face challenges absorbing these pressures due to already slowed home sales.

21 Apr 2026 11:39 am