Everyone wants to make their own house. But, as we know, the prices of every goods are so high that many of them are beyond the reach of middle class families. During the festive season, a positive news has arrived, which will make your mind very happy. The price of iron rods has dropped. According to media reports, accros the country, the price of iron rods and metals are in a decline phase. At this moment, if you able to buy it, then you can save some money.
Prices of metal has dropped
Similarly, prices of all metals are also declining across the country. Iron rods play a major role in house construction . While it gives strength to your dream home, it also accounts for a major part of the construction cost. This is the reason why it is an item included in expensive building materials. The fluctuations in its prices are directly reflected in the construction cost. Currently, it has been continuously getting cheaper since the beginning of October and now there has been a big drop in it. Its price has fallen considerably in different cities of the country. In such a situation, if you buy this essential item now, then you can save a lot of money from your pocket due to the reduction in the cost of house construction.
Rates of iron rods in major cities
Apart from this, if we talk about the latest rate of iron rods in other cities, then in Delhi it has reduced from Rs 42,300 to Rs 40,700, in Hyderabad from Rs 40,500 to Rs 39,700, in Chennai from Rs 44,000 to Rs 43,500, in Mumbai it is now Rs 42,200 instead of Rs 43,000, in Jalna it has become Rs 42,300 instead of Rs 43,000. Rebar prices change daily.
To find the latest rebar price in your city, you can visit the Ironmart website (ayronmart.com). This website will provide complete information on the latest rate updates for TMT rebar. Please note that the prices listed on the website are exclusive of the 18% GST levied on rebar, and this increases with its addition.