Home construction in Pakistan is facing a major challenge as the prices of construction materials continue to skyrocket.
This situation has sent shockwaves through the industry, leaving many scratching their heads as they try to make sense of the soaring costs.
With the current economic situation in Pakistan witnessing a sharp increase in inflation, everything seems to be getting more expensive by the day.
Construction materials are no exception, as prices continue to climb across the country.
According to reports, the cost of construction steel, commonly known as "sariya" in Pakistan, has reached an astonishing Rs295 per kg, and it doesn't stop there.
The price per ton has soared to a staggering Rs295,000. This sudden and substantial increase has left the construction industry in disarray.
It's worth noting that this unanticipated surge in construction material prices has had a domino effect on various aspects of the construction sector.
The costs of other essential materials like bricks, cement, and more have also shot up to unprecedented levels.
Additionally, both large and small cities are feeling the impact of this price surge. Construction projects are now becoming less viable as the cost of materials continues to soar.
