Everyone dreams of having their own house, but nowadays it has become one of the most expensive offers and you have to spend a lot of money to get your dream house ready. Still, people work hard to achieve it. The special thing is that, when planning to build a house, people wait for the prices of the building materials used in it to drop, only then can construction begin, but sometimes this wait becomes tiresome. But as of now, this is the right opportunity to build a house. In fact, in house construction, along with sand, cement and bricks, maximum amount is spent on rebar and there has been a huge drop in rebar prices across the country. Their prices have decreased from Delhi, Jaipur to Kolkata in a month.
The prices of this essential item had increased at the end of September
This time it rained late in the country, but it was torrential. Meanwhile, at the end of September, during the rainy season, there was a sharp increase in the price of Sariya (Sariya Rate) and compared to August, its price was Rs 2,000. per ton there was an increase of up to. But now once again rebar prices have fallen in many cities and this is a great opportunity for builders to build their houses. Because due to the reduction in the price of rebar, the expenditure on it will reduce.
Rebar affects construction cost
Like cement bricks, Sariya is one of the most expensive building materials used in home construction and changes in its prices can lead to fluctuations in construction expenses. This is why people who plan to build a house wait until it is cheaper. Generally, their prices go down every time during the rainy season, but this year their price increased during the rainy season. However, now the downward trend of rebar prices has started again.
TMT Steel Bar Price (without 18% GST)
city (state) September 28, 2024 November 13, 2024
Raipur (Chhattisgarh) Rs 44,200/tonne Rs 43,300/tonne
Muzaffarnagar (UP) Rs 45,500/tonne Rs 45,200/tonne
Indore (Madhya Pradesh) Rs 48,500/tonne Rs 48,300/tonne
Goa Rs 48,100/tonne Rs 47,900/tonne
Delhi Rs 47,300/tonne Rs 47,000/tonne
Jaipur Rs 45,900/tonne Rs 45,300/tonne
Kolkata Rs 43,500/tonne Rs 43,000/tonne
Talking about other cities, Sariya is sold at Rs 48,000 per tonne in Bhavnagar, Gujarat, Rs 48,000 per tonne in Mumbai, Rs 43,500 per tonne in Rourkela, Rs 47,300 per tonne in Chennai and Rs 47,900 per tonne in Jalna.
Check the price of your city quickly like this
You can check the latest price of iron bars in your city on Ironmart website (ayronmart.com). It is important to note here that rebar prices are quoted per tonne and GST at the rate of 18 per cent fixed by the government is levied separately.
