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The model house built on 720sq ft (80sq yards) on the NED University campus. Photo by writer
KARACHI: It was a marvel of engineering and architecture, on top of also being energy efficient and fireproof. The model house, the inauguration of which was organised at the NED University of Engineering and Technology campus on Saturday, is bright, spacious and comfortable. And the best thing about it is that it is low-cost and can be constructed within six weeks.
Looking to develop energy efficient and low-cost housing facilities in a sustainable way, the Centre for Affordable Housing and Sustainable Built Environment (CAHSBE) and NED University joined hands with the construction industry to come up with the housing model in accordance to the affordable/low-cost housing as envisioned by Prime Minister Imran Khan.
KARACHI: The government’s affordable home financing scheme is staggering to catch speed despite pent-up demand for houses due to dearth of low-cost housing units in the country, people.
Govt to Revise Construction Industry Development Board Bill 2021
The government has decided to revise the Construction Industry Development Board (CIDB) Bill 2021 to bring it in line with the laws and regulations of the Pakistan Engineering Council (PEC).
A senior government official told Propakistani that the decision has been taken during the last meeting of the Construction Industry Development Board (CIDB) held at the Ministry of Planning, Development, and Special Initiatives to review the progress of finalizing the draft CIDB Bill, 2021.
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The meeting found that the draft of the Construction Industry Development Board (CIDB) Bill 2021 clashes with the rules and regulations of the Pakistan Engineering Council (PEC). Many powers and functions of the PEC have been given to the CIDB through the proposed CIDB Bill 2021. Therefore, the draft bill would be amended keeping in view the rules and regulations of the PEC.
KARACHI: The latest increase in steel bar prices by Rs7,000 to Rs139,500-142,500 per tonne has pushed up the cost of construction. The hike in steel bar prices second since the last week of Dec 2020 when rates were raised by a similar amount comes despite a global drop in iron and steel scrap prices.
Attributing the domestic price hike to extreme shortage and increase in cost of raw materials in the world market, a number of steel bar manufacturers have quoted new enhanced rates to the builders.
Amreli Steels Limited quoted the booking rates of its deformed and Xtreme bars at Rs141,500-142,500 per tonne. Agha Steel Industries revised its prices to Rs141,500-142,500 per tonne for its 10mm and 12-32mm bars. Naveena Steel Mills increased the prices to Rs140,500 for its 10mm bars and Rs139,500 for 12-32mm deformed grade-60 bars. Faizan Steel quoted the rate of Rs140,500 for 12-32mm bars and Rs141,500 for 10mm bars.