Image default
Business Economy Pakistan

Increase in Prices of Construction Materials Once Again

Karachi: For the poor and middle class, realizing the dream of building their own homes has always been challenging, but now it is becoming almost impossible due to the significant increase in the prices of cement, steel bars, and bricks.

According to details, the recent inflation across the country has pushed construction materials beyond the reach of the general public. Prices of cement, steel bars, bricks, and sand are reaching new heights.

Due to the rising prices, cement bags are now priced at PKR 1,200, steel bars at PKR 270 per kilogram, bricks at PKR 15,000 per thousand, and gravel at PKR 125 per cubic foot. Even the cost of a truckload of sand has reached PKR 18,000.

On the other hand, because of the unprecedented price hikes, many people have postponed their construction projects. Consequently, the labor class is severely affected as work opportunities are diminishing.

Furthermore, laborers have also demanded an increase in wages in response to these soaring prices, while contractors and masons are also negotiating for higher fees.

Dear TNT Reader,

At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.

Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.

But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.

Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.

Monthly Subscription Annual Subscription

Visa Card MasterCard American Express Card

We want to hear your Travel Stories.

Do you have a memorable, unbelievable, or favorite travel experience? Share your story with us.