Construction material stores reopen; new rates issued | Estate 4U

Construction material stores reopen; new rates issued

Lahore: Shops selling construction materials reopened this week after a closure of 23 days in line with the government’s announced relief efforts for the construction sector amid the ongoing coronavirus lockdown, a news source reported. The authorities concerned have also issued new rates for the said materials.

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Construction materials have seen a prices hike as supply became limited during the lockdown imposed for controlling the spread of COVID-19 in the country. Previously, sources revealed that the new construction material rates were expected to take effect from April 15, after the partial lockdown took effect.

As soon as the shops reopened, builders have reportedly noticed an increase in prices of the construction materials. According to sources, the new rates are as follows:

  • Gravel – PKR 60 per foot
  • Bricks – PKR 11.50 per piece
  • Cement – PKR 500 per bag
  • Sand – PKR 500 per trolley

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Furthermore, shop owners highlight that the rates have increased owing to limited supply. Meanwhile, the laborers and daily wagers have seen a revival in work due to the reopening of the construction sector. As per the government-issued SOPs, the shop owners and laborers would have to use masks and sanitizers.

Construction material stores reopen; new rates issued

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