In Pakistan, the price of saria has decreased by 45 to 55 thousand rupees per ton. In the early days of this year, the price of saria per ton was more than 3 lakh, which has now reduced to 2 lakh 50 thousand to 2 lakh 60 thousand rupees per ton.
After the significant fall in the value of the dollar, people are expecting that everything will become cheaper now, but the recent fall in the price of steel will be short-lived as the steel manufacturing industry is facing a shortage of raw materials.
Good news for construction sector with the reduction in the prices of saria
Association of Builders and Developers (Abad) Chairman Asif Sim says that although the price of real estate has decreased, but due to factors such as uncertain economic conditions, inflation and high interest rates, the real estate of local investors and overseas Pakistanis.
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And investment in construction projects has stalled.Due to which the commencement of work on the proposed new residential and commercial projects of the organized sector in Sindh, especially Karachi, has been delayed.