Conquering the hurdles in documentation, plan approvals and designs begin your next biggest tasks of execution, wherein construction price-based marketing looks lucrative. The construction rate may vary depending on the execution partner and risks are always involved when choosing an execution partner with a lower construction cost who may not provide quality work as per your requirement and thus end up halfway.
Constructing a home is typically a long process and comprises multiple costs, including design, raw materials, labour and amenities. Now let’s divide the overall process of construction step by step:
- Structure: This consists of the cost of materials like cement, aggregate, concrete, blocks/bricks and steel required for the complete structure, starting from the footing, sump, plinth, columns, beam, slab, blockwork, parapet wall, plastering this also includes shuttering and labour costs. Typically, the cost of RCC Structure with Blocks ranges from Rs 1200 per sq. ft to Rs 1,300 per sq. ft.
- Finishes: Finishing work normally comprises doors, windows, flooring, woodwork, electrical, plumbing, & sanitary fittings. This also involves costs for labour such as electricians, plumbers, tile masons, carpenters, painters, and polishers. The finishing cost starts from Rs 400 per sq. Ft & might even go up to a few thousand, depending on the choice of materials and architectural elements involved.
Holistically, the average construction costs include Structure + Finishes, which is 1200+400= 1600 per sq. ft. and may go up, depending upon the city, finishes, and site conditions.
