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Post Covid, LIFE Mission helped stimulate housing-sector: Report
The New Indian Express Kottayam
|March 04, 2025
THE state government's LIFE Mission, which provides free housing to the homeless, stimulated construction activity in the housing sector, a report from the economics and statistics department has said.
The post-Covid boom in the sector led to a price rise of materials, the 'Annual average market price of building materials and labour wages 2022-23' report showed.
Kerala, like elsewhere, witnessed a construction-sector slump during the pandemic. The number of newly constructed buildings in 2021-22 was 17.07% less than the previous year.
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