KARACHI: The prices of steel bars have surged once again, as the manufacturers increased the purchasing cost by Rs7,000 to Rs139,500-142,500 per tonne.
The purchasing cost of steel bars increasing twice – since the last week of Dec 2020, has resulted in the entire cost of any construction project to increase.
The hike in the prices of both steel bars, and cement earlier will negatively impact the construction activities nationwide.
A committee constituting of Minister for Industries and Production Hammad Azhar, Chairman Federal Board of Revenue (FBR) Jawed Ghani, Chairman Naya Pakistan Housing Development Authority and other relevant personalities was formed by Prime Minister Imran Khan, after taking notice of the price hike.
The committee has been directed to formulate a strategy to tackle this issue.
For news and blogs, visit Graana.com.
MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…
ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…
As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…
Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…
As Los Angeles County grapples with the aftermath of some of the most destructive fires…
On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
