Construction becomes more expensive as material costs increase
The price of meat commonly known as 'sariya' in Pakistan has reached a staggering Rs 295 per kg. Housing construction in Pakistan faces major challenges as construction material prices continue to rise.
Karobar
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The situation has sent shockwaves across the industry, leaving many confused as they try to make sense of skyrocketing costs.
With the current economic situation in Pakistan, characterized by sharp increases in inflation, everything seems to be getting more and more expensive.
Construction materials are no exception as prices continue to increase across the country.
It is learned that the price of structural steel, popularly known as 'sariya' in Pakistan, has reached a staggering Rs 295 per kg and is not stopping there.
The price per tonne shot up to a staggering Rs 295,000. This sudden and significant increase has thrown the construction industry into chaos.
It is worth noting that the unexpected increase in construction material prices has caused a domino effect on many different aspects of the construction industry.
The cost of other essential materials such as bricks, cement has also reached unprecedented levels.
Additionally, cities large and small are feeling the impact of these price increases.
Construction projects are now becoming less viable as material costs continue to skyrocket.
