If you are planning to build your dream house and are waiting for the prices of building materials to come down, then this is a golden opportunity for you. There is a big decline in their prices during the rainy season. Rebar, which plays the most important role in house construction, is also available at cheap prices at this time. Sariya price has decreased from Delhi to Mumbai and from Indore to Goa. In such a situation, if you are preparing to build a house, then get the saliya ordered now, this can reduce your expenses on construction.
Pocket money on construction will be less
House construction is among the most expensive works today. First of all, it costs a lot of money to buy land worth lakhs of rupees and then to spend heavily on it to build the dream home. This is the biggest reason why people wait for the prices of building materials to fall while building a house. Along with cement, brick, sand, rebar is included in the most expensive deals. Fluctuations in its price increase or decrease the house construction cost. Now that there has been a big decline in its price, your expenditure on construction can reduce.
Bars became so cheap in two months
So far this year 2024, there has been a big fluctuation in the prices of Sariya (Sariya Rate Fall). While there was a decline in its price in the beginning of the year, there was a sharp rise in it again from May 2024, whereas now in two months the price of rebar has again decreased. In many cities, Sariya price has reduced by more than Rs 5000-6000 per tonne.
TMT Steel Bar Price (Without 18% GST)
| city (state) | 20 May 2024 | 25 July 2024 |
| Raipur (Chhattisgarh) | Rs 47,800/ton | Rs 41,700/ton |
| Muzaffarnagar (UP) | Rs 50,000/ton | Rs 45,400/ton |
| Bhavnagar (Gujarat) | Rs 52,400/ton | Rs 46,800/ton |
| Indore (Madhya Pradesh) | Rs 43,500/ton | Rs 47,200/ton |
| Mumbai | Rs 53,200/ton | Rs 45,400/ton |
| Goa | Rs 52,700/ton | Rs 47,200/ton |
| Jalna (Maharashtra) | Rs 52,200/ton | Rs 45,500/ton |
| Chennai | Rs 52,500/ton | Rs 47,500/ton |
Apart from this, iron rod price is available at Rs 42,500 per tonne in Delhi, whereas in Hyderabad it is being sold at the price 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 price of your city yourself
You can check the latest price of iron bars in your city on Ironmart (ayronmart.com) website. It is important to note here that the prices of rebar are quoted on per tonne basis and GST at the rate of 18 per cent fixed by the government is applicable separately on these.