India’s housing market is tilting towards luxury projects even as affordable demand remains strong. Experts say rising costs, weak funding and stalled projects are pushing homeownership further from middle-class buyers.

Petrol and diesel prices were raised by Rs 2.61-2.71 per litre on Monday, marking the fourth increase in less than two weeks.

Analysts have cautioned that continued hikes in petrol and diesel rates could raise transportation and logistics expenses, eventually leading to an increase in the prices of essential commodities and food products.

Petrol and diesel prices rise for the fourth time in 10 days, with petrol now over ₹100/litre in Delhi.