Rising Costs of Building Materials Impact Home Construction

Homebuilders are now facing increased expenses not just for cement and sand but also for iron due to rising building material prices. The steepest price hikes have been observed in essential materials like bricks and cement. Various cement brands have seen notable price increases. Additionally, the shortage of river mining activities has contributed to the rising costs of sand, Badarpur, and dust.

Significant Price Increases

Bricks have become more expensive by approximately ₹1,000 per thousand. Iron rod prices have been fluctuating significantly, and sand prices have risen by ₹10 per cubic foot. Similarly, Badarpur prices have increased by ₹8, while iron rods now cost ₹10 more per kg.

Current Building Material Prices (in ₹)

Iron and Steel Prices (in ₹)

Brick Prices Per Thousand (in ₹)

Price Difference: An increase of ₹1,000 to ₹1,500 per thousand bricks.

Cement Price for 50 kg (in ₹)

Percentage Increase in Material Costs

The rising prices of essential building materials are impacting sales and construction progress. While bricks and Badarpur have seen major hikes, cement prices are also climbing steadily. Additionally, costs for other materials have witnessed moderate increases.