Last Updated on 31/07/2024 by Arun jain
If you are planning to build your dream home and are waiting for the prices of building materials to come down, then this is a golden opportunity for you. A big drop in their prices has been seen during the rainy season. Sariya, which plays the most important role in house construction, is also available at a cheaper price at this time. Sariya price has come down from Delhi to Mumbai and Indore to Goa. In such a situation, if you are planning to build a house, then especially get Sariya right now, this can reduce your expenses on construction.
Pocket expenses on construction will be less
House construction is one of the most expensive jobs in today’s time. First buying land for lakhs of rupees and then spending a lot of money on it to build your dream home, costs a lot of money. This is the biggest reason why people wait for the prices of building materials to come down while building a house. Along with cement, bricks, sand, steel bars are also among the most expensive deals. The fluctuation in its price increases or decreases the house construction cost. Now that its price has fallen drastically, your expenditure on construction can be reduced.
In two months, the iron rods have become so cheap
So far in this year 2024, there has been a big fluctuation in the prices of Sariya (Sariya Rate Fall). While its price had fallen at the beginning of the year, it again saw a sharp rise from May 2024, while now the price of Sariya has come down again in two months. In many cities, Sariya Price has come down by more than Rs 5000-6000 per ton.
TMT Steel Bar Price (Without 18% GST)
| City (state) | 20 May 2024 | 25 July 2024 |
| Raipur (Chhattisgarh) | Rs 47,800/tonne | Rs 41,700/tonne |
| Muzaffarnagar (UP) | Rs 50,000/tonne | Rs 45,400/tonne |
| Bhavnagar (Gujarat) | Rs 52,400/tonne | Rs 46,800/tonne |
| Indore (Madhya Pradesh) | Rs 43,500/tonne | Rs 47,200/tonne |
| Mumbai | Rs 53,200/tonne | Rs 45,400/tonne |
| Goa | Rs 52,700/tonne | Rs 47,200/tonne |
| Jalna (Maharashtra) | Rs 52,200/tonne | Rs 45,500/tonne |
| Chennai | Rs 52,500/tonne | Rs 47,500/tonne |
Apart from this, iron rods are available in Delhi at Rs 42,500 per tonne, while in Hyderabad it is being sold at the rate of Rs 43,000 per tonne. Its price has reached Rs 44,600 per tonne in Jaipur, Rs 42,000 per tonne in Kolkata and Rs 41,500 per tonne in Raigarh (Chhattisgarh).
Check the rates of your city yourself
You can check the latest price of iron rods in your city on the Ironmart (ayronmart.com) website. It is important to note here that the prices of iron rods are quoted per tonne and GST is applicable on them separately at the rate of 18% fixed by the government.