Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1072 Thu. June 07, 2007  
   
Business


REHAB rejects brick makers' price claim


Real Estate and Housing Association of Bangladesh (REHAB) yesterday reiterated its claim that the present market price of quality bricks is Tk 5,000 (per thousand pieces), disagreeing with the manufacturers who claimed this most essential housing material is priced at Tk 3,800.

In a statement, REHAB President Md Abdul Awal and General Secretary Tanvirul Haque Probal said developers generally use machine-made bricks (9.5"x4.5"x2.75"), whose market price is Tk 5,000 including transportation cost.

REHAB leaders said they mentioned price of good quality bricks not of bad quality on Sunday's press conference, according to the statement.

They also raised question about the standard size of bricks and said customers are being cheated through buying small-sized bricks.

Earlier on Monday Maizuddin Ahmed, secretary general of Bangladesh Brick Manufacturers Owners Association, in a statement said the current rate of the best quality bricks ranges between Tk 3,500 and Tk 3,800, trashing REHAB's claim on its price of Tk 5,000.