Construction Project Manager, Pakistan. Building work and Repairs.
Construction cost shoots up

Construction cost of ground floor has increased to Rs600 per square foot and upper floor to around Rs400 per square foot, whereas, in January these were Rs450 and Rs300 per square foot respectively.

brick prices have increased to more than Rs4,100 per 1000 pieces as compared to Rs2,700 for same quantity in January this year. Bricks make 117% of the total cost of construction.

Cement was being sold as Rs215 per bag of 50 Kg in January has soared to Rs285 per 50 Kg bag and even Rs330 per bag up by 30%.

Cement contributes 14 to 18 per cent of total cost of project.

Steel bar price up from Rs33,000 to Rs42,000 per metric tonne Steel makes 5% of overall construction.

Daily wage of unskilled laborer is up from Rs150 to Rs175 and brick layers & stone masons are up to Rs400 from Rs250.

Sand prices have increased by 300% from Rs400 per trolley to Rs1200 per trolley. Sand comes from the river banks and beds, when the water is high the price goes up. Prices are expected stabilize at around Rs900 per trolley load.

 

 

AL FAISAL PROPERTY SERVICES & CONSTRUCTIONS
Rawalpindi
cell phone  03335172786
5591220
5592548
Ayaz Builders  
148A, Street 37, Sector F-10/1
Islamabad, Pakistan

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