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Cost of Construction
Posted: March 31st, 2015, 2:00 pm
by sarbda
Dear Friends,
Planning to construct a house on a 35x40 corner plot with following floor details
1. Stilt / ground floor - 2 car parking & One 2 bedroom unit for rental
2. First and Second floors - Duplex for self living
=> First floor - living area, pooja, kitchen, dining and 1 bedroom
=> Second floor - 1 master bedroom, 2 bedrooms and family living space
3. Third floor - 2 single units with single bedrooms for rental
Request for cost / budget estimate for above specs construction, Assume normal granite (@Rs 60/80) flooring for rental units and for duplex for only living areas (15x20 sqft) - Italian marble.
Thanks,
Sar
Re: Cost of Construction
Posted: April 1st, 2015, 9:18 pm
by zahid
There is no straight forward answer to this question, since there are many parameters that determine the cost of construction. Some of them are listed below:
1. Type of sand used (add to that lorry strikes and other external events)
2. Type of wood used for vaskals, window frames, door and window shutters (Teak Vs. Sal Vs. Honne Vs. Engineered wood)
3. Wood Vs. Aluminium Vs. UPVC windows
4. Flooring (Vitrified Tile Vs. Granite Vs. Marble)
5. In case of Granite & Marble, the range you opt for in terms of price
6. Sanitary fittings range selected by you
7. Paint used
8. Material used for interior work (Plywood range, Laminate Vs. Veneer, etc.)
In addition to the above, there are many other parameters that will determine the overall cost.
However, as a general guiding principle, for medium to high range construction, it would vary from 1500/- per s.ft. to 2200/- per s.ft. of built-up area (incl. material + labor)
Re: Cost of Construction
Posted: April 2nd, 2015, 12:10 pm
by sarbda
Thanks Zahid, Will keep the points shared for budgeting.
- Sar
Re: Cost of Construction
Posted: April 2nd, 2015, 1:44 pm
by ausraja
share teh quotation we can provide better feedback on which are the problematic areas
Re: Cost of Construction
Posted: April 2nd, 2015, 4:57 pm
by sarbda
@ausraja,
Planned to do the construction with labor contract by supplying the materials, my brother will oversee the construction work. Anyhow, will be getting the detailed drawings and BOM from the architect.
Re: Cost of Construction
Posted: April 3rd, 2015, 7:53 am
by ausraja
No issues , where is this plot located and what is the facing of the plot ?
Re: Cost of Construction
Posted: April 3rd, 2015, 11:07 am
by msn1270
Dear sarbda,
you have given only the site dimension, not the construction area(how many squares planned to build ?)
Average you can consider Rs. 2,000/sq.ft.(or Rs. 2 Lakhs/Square X number of squares). This is for the
decent quality Construction. Specific interior requirements and accessories are all top ups.
Re: Cost of Construction
Posted: April 6th, 2015, 2:23 pm
by sarbda
@Ausraja,
Plot is in south Bangalore and north facing corner plot.
Re: Cost of Construction
Posted: April 8th, 2015, 8:11 pm
by pgrsridhar
As mentioned above, construction cost varies from 1200 to 2000 Rs/Sft depending on material type and contract type. Going with labour contract can easily save you 10 to 20% of construction cost but requires lot of effort and time from your side. But you can be sure of the quality of materials that are being used.
Regards
Sridhar
www.BuildHomeSmart.com