As the years have progressed, so have the construction rates in Pakistan with the growing shift towards urban development. As a Lahori, you get to see numerous endless in-process construction projects alongside the road as you’re driving by! Each day a new building rises, quite in literal terms. Therefore, the construction industry is always abuzz with activity.
Getting on-board to creating your own house can be exciting as well as a nerve wracking experience, especially for someone not familiar with the current rates. There are many construction companies within Lahore that offer their high quality services at cost-effective rates. There are basically two types of costs involved when to comes to constructing a house:
- Grey Structure Cost
- Finishing Cost
Let’s, for the sake of achieving maximum clarity, consider the construction of a 5 marla grey structure, which in totality consists of about 2,000 square feet. Every material has it’s own specific material rate attribute to 1 square foot:
- Per unit price of bricks is about 11.5 rupees.
- Per unit price of labour is about 350 rupees.
- Per unit price of electric and plumbing wiring is about 100 rupees.
These estimates of per square unit prices are similar throughout Lahore, and if anyone is looking to start with a construction project they need to be familiarized with these reigning rates. Additionally, as mentioned above, the costs have been increased with time, and in lieu of the very new, and very deadly, corona virus had made the market stagnant with its spread.
The high costs of construction materials is usually accompanied with the prevalent low quality in the provision of the construction services because of illiteracy among construction workers and lack of technological equipment, which is often taken into consideration with the promise of lower costs. But, quality always prevails so, getting low quality service will be highly costly in the long run.