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Hello, I am just starting a mini-apartment (8 flats) to be shared between friends in Thubarahalli, Kundalahalli Signal. I have read in various forums that thumb rule of cost of construction would be about Rs 1400- Rs 1600 depending on quality etc.
I want to know if the cost is same to be considered for Stilt Floor which will be used for parking also?
Basically my site is 45X80 - constructing Stilt (parking)+G+3 Floors. If I construct 2800 sft per floor. Is my cost Rs 1500X2800X5 (or) is there another cost for stilt floor?

The rate varies with floors.
The no. of floors seems to be 4.

Manjunath.K.N.
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EDITED BY ADMIN

normally Stilt floor will be charged 70% of construction cost/chadra.example is if you have agreed for 140000 then Stilt floor will be charged 98000.

Yes, stilt car park area, portico/balcony area, staircase area are considered as 50% of the prevailing construction cost. So, if it is 1.5 lac/100 sqft. then the constr cost for these areas would be around 75,000/100 sqft.