LAHORE: Constructing a house has become a dream owing to escalating prices of the building material.
The price hike has also increased the cost of labour and transportation.
The shortage of cement, the main component of building material, affects the construction process.
At times, there is genuine shortage of cement in the market because of its demand or some times hoarders create its artificial shortage to make a fast buck.
Likewise, iron, which is used in roofs, windows, doors and gates, is also beyond the reach of middle-class.
The cost of T-iron has jumped from Rs 49,000 to Rs 59,000 per tonne during the past few months.
A truckload of 4,000 bricks of grade-1, which used to cost Rs 15,200, is now available at Rs 15,900, while grade-2 bricks are available at Rs 5,000 per 1,000. According to a rough estimate, a house of three bed-rooms, a drawing and dining room, and a couple of bathrooms requires some 30,000 bricks.
Similarly, the price of gravel has also gone up because of raise in the transportation cost.
Likewise, the sand price has also increased. The price of bitumen has also skyrocketed. Prices of windowglasses and wood have also increased substantially.
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