Thumb rule for budgeting

[sam_m400]

Hi

can we follow the thumb rule? . Of course this will vary based on individual requirement.

labour

15% for Plumbing
10% for carpentary
10% electrician (external/internal any work)
15% for civil ( excludes sump work , includes staircase/excavation/centering/any external/internal work)
15% for painting

Material

35% for electrical /plumbing/painting/carpentry

This will help for rough calculation for house construction.

Regards
Sam

[dream_home]

Including interiors for my 6000 sqft built up area the breakdown looked like this.

Electrical - including fittings/cables/labour 1.8 L
Plumbing - for 6 bathrooms including fittings and labour 2.75 L
Painting - including labour berger paints (high end) 2.2 L
Wood work :
Window/door frame = 2L
Main door/puja door both full teak and honne shutters and flush doors for other rooms : 3.5 L
Modular kitchen/5 wardrobes + TV unit + storage and misc = 5L
In total it was around 30% including labour.
Thanks

[sam_m400]

Can you please clarify as when i calculated it is getting 585 rupee per Sq;ft (35lak/6000) assuming total cost as 35 Laksh as you stated 30% of total cost is carpenter cost?

Total cost including labour

electrical 180000 5.14%
plumbing 275000 7.86%
painting 220000 6.29%
Carpentry 1050000 30.00%
Civil 1775000 50.71%

[dream_home]

no... including carpentry it comes to 30%.

[sam_m400]

Thanks, but still am i correct.

electrical 180000 3.13%
plumbing 275000 4.78%
painting 220000 3.83%
Carpentry 1050000 18.26%
Civil 4025000 70.00%

Total cost 5750000 / Per Sq ft = 5750000 /600 = 958.3333333 , then you did very good job containing the cost at 1000 Rupee per Sq:ft .

[dream_home]

yes... i controlled the cost. civil includes flooring also.

[sam_m400]

Thanks. Congrats for achieving this.

Can you please share some tips? . I am getting some discounts for materials but not enough to cut the cost even at 1200 to 1500 Rs/Sq ft.

[dream_home]

until and unless you gain knowledge on what you are bargaining for, you will not get best quote. To achieve this speak to several people and then shortlist. The person who gave me the best quote need not give to other person. There are no fixed prices here... everything is flexible. One more thing never give advance.

[sam_m400]

My site is construction area is 1155 with site size at 1800, and when i put the cost at 1200 Rs per Sq:/ft. This is what i am getting when in put the rough calculation.

electrical 166320 12
plumbing 166320 12
painting 166320 12
Carpentary 166320 12
Civil 166320 12 144
554400 40
Per.Sq ft
1386000 1386000 1200

Stair case 40000
Scaffolding 10000
Sump 80000
compound wall(Excavation/plastering) 120000
exterior floor plastering (plastering) 115500
Construction of drain and drain slabs 8000
Rainwater harvesting 8000
Miscellanous 100000
481500
1867500 Per/Sq.ft 1616.883117

[JollyRogers]

Wonderful overview by dream_home, and I am impressed on controlling the costs for your home. This helps us to have a better understanding on the cost split.
Going by the current prices since they have shot up, I think there might be 10-15% increase in some of the raw materials depending on various factors.
Btw, since am going for UPVC windows, I will have to have the grill work done separately. Any idea how much this can come upto?