If you are thinking of building a house, then this can be said to be a very good opportunity. Right now the prices of building materials have come down considerably. The prices of rebar and cement have come down to the level of three months ago and the price of sand has come down by more than three thousand rupees. It is being told that along with this, real estate companies have also not increased the prices of their projects in view of the fall in prices these days.
Sellers of building materials say that at present the demand in the market is very less. Due to this, the prices are coming down. The market is not accepting any kind of uptrend. As of now, there is no sign of any increase in the prices.
Iron trader Rajesh Kumar said that the prices of bars have come down in the last fortnight. Due to the increase in coal prices, the prices had reached 65 thousand rupees per tonne and now there is a fall in the prices of iron ore along with coal.
Material Price (August) Price (November 24)
sand 12 thousand rupees 8400
Cement 275-285 275-285
Saria 56 to 57 thousand 56 to 57 thousand
Brick 5200-5500 5200-5500
(Note – the price of sand is in 600 feet and bars per ton and cement per sack, bricks per thousand)
These days real estate companies are also showering offers to woo the customers. Under this, customers are being given attractive gifts on booking as well as discounts. These days home loan interest rates are also very low and real estate companies are also tying up with banks. Along with providing houses according to the budget of the consumers, companies are providing more and more facilities.