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A Quick Look at the Approximate Cost of Construction Materials in Pakistan

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4 years ago
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Like the price hike in every other item, there has been a continuous and fast rise in the cost of building materials, which in-turn has elevated the total labor and per square construction rate in Pakistan. This year, you can observe a considerable difference in the overall rates of construction sector as compared to the year 2013, which includes – the cost of building materials, labor cost and overall cost of construction.

The tremendously increasing construction trends are considered the biggest driving force behind this fast upraise of total building costs in the country. Throughout Pakistan, especially in the developed cities like Karachi, Lahore, Islamabad, you would have observed many famous housing societies – where the construction works are in progress on a larger scale. Thus, taking this fast construction work in view, the manufactures have raised the prices of building materials considerably.

Before planning to construct a residential or commercial building, you must be aware of the approximate cost of construction materials as it would help you drawing a rough estimation of the total charges. While taking a personal round of your nearby market, you should also consult a modern architect in Pakistan.

Let us give a quick look to the approximate rate of construction materials in Pakistan.

Cement

In first quarter of year 2014, there has been a tremendous price rise in the rate of cement, which in return has upraised the overall cost of construction. The rate of a 50kg bag of cement was raised by Rs. 5 to 10. According to Dawn.com the retail price of Falcon Cement (50 kg bag) was quoted at Rs.535 to Rs.540 and the Lucky cement was sold at Rs.520 to Rs.525.

Bricks

Bricks, one of the major building materials, approximately cost Rs.8,500 per 1000 units. There has been a rise of 7.59% in the price as compared to the last year’s rate which was approximately Rs.7900 per 1000 unit.

Sand

Sand prices vary according to their types and quality. For instance, the cost of Chenab River sand costs far more than that of Ravi River sand. Approximate price of Chenab River sand revolved between Rs.24-25 per ft3 in the year 2013 whereas it has now raised up-to Rs.25-26 per ft3  this year.  In the similar way, the price of Ravi River sand was Rs.12 per ft3 in the last year which is now sold at Rs.14 per ft3.

Reinforcing Bars

Reinforcing bars which are also shortly called rebar, currently cost approximately Rs.90 per kg on average. In the duration of one year, there has been a rise of Rs.5 per kg which makes a big difference in the total price when you are supposed to buy in tons.

Other than estimating the cost of construction materials, you should also have knowledge of current labor cost of your local market. Currently, the approximate wage a labor charges for one day is Rs.650 to Rs.700; whereas a mason with more skills and experience charges between Rs.1000 to Rs.1200 per day.

The overall construction cost per square ft. is divided into two categories – the one is grey construction cost and the other is turnkey construction cost which includes complete construction work. The lowest construction rate for per square ft. is Rs.2700; whereas the maximum cost goes up-to Rs.3400 per square ft.

By hiring the services of a top construction company in Pakistan, you can get a better idea about the approximate prices of building materials and overall labor costs.