The cost of construction majorly depends on a lot of factors, here are some important aspects:
- Architectural Dependencies: The geometry of the building, which involves shape, size, and complexity, greatly impacts the construction costs. Primarily this affects the cost as it may include Sloped Roofs, Special Elevation features, premium materials options, Gazebos, Pergolas, open terraces etc.
- Structural Dependencies: this depends upon the location, type of soil strata available, obstruction & depth of the strata, filling/compaction, number of floors, depth of the footings, the inclusion of a basement, retaining wall, cantilevers etc.
- Finishes: This may have a high impact on the construction cost. With the availability of options nowadays, choosing the right finishing material like paint, flooring, wood and tiling for your house on a par with your taste and budget has become a very difficult task. Before concluding all these things, it is essential to calculate the actual cost of your building, because a building with a basic finish may be completed for around INR 550 per sq. ft and may even go up to INR 5500 per sq. ft, this depends on a variety of criteria like priority of the client, architect’s /interior designers choice, purpose, quality, durability, craftsmanship etc.
- Choice of Procured Materials: The choice of Building materials does have an impact on the cost. For instance, the availability of certain brands in a specific region, on the other hand, the brand of materials. Let’s go with the example of steel, where some brands of FE500 steel, turn out to be INR 2000-INR 7000 more than other brands, in this case, the Steel specifications are the same but the brand of materials used has an impact on the overall cost.
- Value Additions and Peripheral external developments: Inclusions like Automation, Solar Panels, Inclusion of Lift, Copper Lining and other Peripheral Developments like the compound wall, Rain Water Harvesting, landscaping, Gate, drain covers, driveway, etc., add to the overall cost.
