Building a house costs even more today as the prices of all building materials have increased gradually over a year. The lack of price control to shortages in exporting countries, freight and the exchange rate are the causes for this rise in material costs for construction in Mauritius.
The construction price index for February and March 2021 is 108.5. This index, which was at 105.2 in April 2020, has therefore maintained its upward trend, indicates Statistics Mauritius. Specifically, in February, the index rose 0.6% due to the increase in the prices of cement by 0.2%, iron bars by 7.7%, carpentry by 0, 3%, sanitary and electrical installations by 1.0%. However, in March it remained unchanged. No change in the index has been recorded, possibly due to the second lockdown since March 10.
At the start of the year, the construction price index, which was 106.9 at the end of December 2020, climbed 0.9% in January 2021, not only with the increase in the cost of labor by 1, 7%, prices of iron bars by 8.2%, sanitary and electrical installations by 1.0%, but also tiling and granite by 0.3%.
A rise in the price of cement and construction irons at the retail level has been observed. The same goes for products needed for finishing, such as tiling, given the rising cost of importing. The lack of price control means that they vary at certain hardware stores. He sent us a price list of some materials.
In China, India and other countries, the manufacturing sector is not as it used to be. Many businesses are not working. You have to look for five companies to fill one or two containers. The price of goods has gone up. We can say that sometimes the price increase is more than 50%. In addition, we have to reckon with the delays of the boats.
For Gamma Construction,the best construction company in Mauritius, their customers are their priorities and they are doing their best to keep everyone happy of both their service and quality material.