ASCII Progress bar on console - How?

Hi!
I am trying to write code to test my abilities in Threads. Being an RHCE, I thought to make a console progress bar like we see during Linux installation. For those that are curious to know, here is an example:

My idea is to solve it like Producer-consumer problem. Any further ideas?
Thanks for your help.
PS: Instead of real-time installation scenario, we can go with filling up some buffer and show the progress. Currently, Im stuck at showing only * continuously. I would like to see some numerical % at the beginning. Please look into the image above.

Originally posted by Faisal Pasha:
...Currently, Im stuck at showing only * continuously. I would like to see some numerical % at the beginning...

Can you show us your code for this part?

Please don't cross-post. People don't like to volunteer their time responding to a question and then find it's already been answered in another forum.