Construction Cost of Residential Building in Pune

he cost of construction of a residential building depends on various factors. If you are wondering how to calculate construction cost of a building, I might be able to help you. But firstly, let me tell you the construction cost of a residential building in Pune can be around Rs. 1300 to Rs. 1400 per sq ft. 

Now let us look at the factors affecting construction cost of residential building:

• Cost of construction material

There are various charges that are calculated when it comes to calculating construction material such as material cost, shipping charges and taxes applicable.

• Labor wages

This is not a constant expense. Since labor wages differ from place to place, hence local wage rate is taken into consideration.

• Land of construction

If your plot has poor soil conditions or has contaminated material the cost of construction will be increased. Several other aspects that contribute to increased prices are if the plot is an archaeological site, is home to endangered species, has buried storage tanks, etc.

• Inflation and Project Duration

The overall cost increases with inflation. The cost of labor, construction materials, equipment, etc. may fluctuate. Also, if the project is set to complete in a longer timeline, it is likely that it will prove costly.

When you are working with the engineers and contractors do consider above mentioned factors and settle on a cost accordingly. I hope you have your answer now.

Hello there, I can share the residential building construction cost in Pune in 2024 with you. We have been looking for a 2 BHK flat in the Hinjewadi area and have an idea about the construction cost here. So, when I talk about constructing a basic residential building, the price ranges between Rs 1400 and Rs. 2000 per square foot. This includes the labour and material costs. 

What is the Construction Cost Per Square Feet in Pune in 2024?

If you look at the construction cost of a residential building with luxurious amenities and premium finishes, the price goes beyond the Rs. 2000 per square foot mark.

Which Factors Alter the Per Square Feet Construction Cost in Pune?

1. The location and the accessibility to the construction site impact the overall cost. You would require a good deal of time and money to transport materials if the location is far. 

2. Net is the size and scope of the project. The construction cost would highly depend on the building size, floors, amenities and more. The larger the project, the greater the cost.

3. Another determiner is the technology used in the construction of the building. With newer technologies, the overall cost is reduced.

This is all I have to share with you. I hope you find this helpful.

Constructing a house is a tedious task. When we decided to construct a 2 BHK on a plot in Pune, we figured out the Pune construction rate. During our research, we found that we  had to include costs needed to be included, like civil costs, finishing costs, temporary work costs, etc. However, we learned that these are not enough. You also need to include the plot layout cost in it. So here is the construction rate and a list of aspects you need to consider.

How to Know the Construction Cost of Residential Building in Pune?

To know the

, you will need to consider the cost of some major aspects, like:

• Layout cost:

To construct a house, the first thing you will need to consider is its layout. The design or plan needs to be created by a professional designer or architect. Suppose your plot is 1,000 sq ft, the professional might charge you Rs 15 to Rs 20/ sq ft. They might charge even more if they are renowned and this is just an average charge. 

• Civil cost:

The civil cost refers to the cost associated with bricks, cement, concrete, sand, and others. This charge varies a lot so you better check the current prices first. In 2022, the construction cost for material and labour was between Rs 1400/ sq ft and Rs 2000/sq ft for residential properties. 

• Finishing cost:

Extra fittings demand extra charges, like doors, windows, electrical fittings, and others. For such purposes, a charge of Rs 1,400 to Rs 5,000 per sq ft, as per sources, is levied. The more work you do on your house, the higher the cost.

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I have gone through multiple responses regarding the residential construction cost per sq ft in Pune. They have really explained it well. As Nimish mentioned, the total cost of constructing a residential property has been affected by the rising cost of steel, cement, bricks, and other necessary materials over time. Scroll down to get the latest cost.

What is the current construction cost per square foot in Pune?

The cost of raw materials is one of the major elements affecting construction costs in Pune. Due to the increased need for workers, particularly in the construction industry, labour costs have also increased. Let’s check out the latest construction cost of my house including builder charge from the below table:

Rising labour charges, site acquisition costs, and raw materials have led to an increase in the price of residential building construction in Pune. Homebuyers or developers in Pune must take these cost variables into account and plan appropriately in order to achieve a successful residential construction project. I hope you got an idea of cost of construction per sq ft in Pune.

It's crucial to know the costs directly and indirectly associated with house construction in Pune if you're wondering about how much it will cost. The precise location, labour prices, and raw material rates may affect these costs. So let’s see how much a 1000 sq ft house construction cost in Pune.

What is the construction rate per square feet in Pune?

The price of building a 1000 sq ft house in Pune might range from Rs 1,800 per sq ft to Rs 2,500 per sq ft, based on the style of construction and the facilities you are considering. If you're building a bungalow, the price per square foot in Pune ranges from Rs. 1200 to 1600 ( Rs.12,00,000 to Rs.16,00,000), based on the features you pick.

How much does the plan layout cost in Pune?

The land design is the initial step in the construction of a home in Pune. You could need the assistance of an engineer or architect to build a layout plan for the given property. A floor plan shows the location of several rooms, such as the living room, kitchen, restroom, powder room, patio, balcony, and other living areas. But, the cost of the services provided by the architect or designer is mostly based on the size of the property. The architect can charge you Rs 15-20 per square foot if the land is 2,000 square feet and you wish to construct a home with a constructed space of 1,000 square feet. The reputation and expertise of the architect may also cause a small difference in prices.

This is all from my end about 1000 sq ft house construction cost in Pune.

Understanding the costs both directly and indirectly involved is crucial if you're considering the price of building a house in Pune. Having a general notion of these costs might be helpful even if they may change depending on the precise location, labour costs, and raw material pricing. So, I am going to tell you the cost of construction in Pune and the factors that affect the cost of construction in Pune.

Per sq ft construction cost in Pune

A gated community's housing units offer a variety of services and facilities, but they are not specially designed homes. Because they can tailor their environments to their interests and convenience, independent homes are therefore preferred by many people. On the contrary, building a house has its own set of challenges. To avoid financial mismanagement, it not only necessitates a great deal of patience but also requires precise construction estimates. Most of the time, homeowners have no idea what the expense of growth is or don't care. Numerous problems arise, as a result, ranging from cost hikes to decreased building quality.

Here are some factors that play a major role in the cost of construction in Pune

• Plot Layout in Pune:

  A floor plan includes a variety of rooms, including a living room, kitchen, bathroom, WC, terrace, balcony, and many other locations. The cost of the architect's or design engineer's services, however, will depend greatly on the size of the property. The architect may charge you between Rs 15 and Rs 20 per square foot if the site is 1,000 sq ft and you want to construct a home with a built-up space of 1,000 square feet. However, depending on how well-liked the architect is, there can be a slight variation in prices.

• Regulatory Laws- Under PMRDA, PMC, Panchayat:

  If your plot is outside the PMC's jurisdiction, it is under the Pune Municipal Regional Development Authority. If your plot is located in the city centre of Pune, you must obtain approval from the Pune Municipal Corporation (PMC) (PMRDA). You must assume your plot is in the Panchayat area if it doesn't fit into any of these categories. So you can see a cost overrun owing to the location and intricacy of the area.

• Construction:

  The construction is divided into two primary components: civil and finishing. Construction costs are included in civil works. Residential home construction costs in Pune range from Rs 1400 per square foot to Rs 2000 per square foot in 2022 (Material + Labour). Include the door, windows, tiles, etc. when finished. The preponderance of a house's construction costs goes toward civil work and finishing costs. As a result, according to estimates, the average constructing cost of a 1,000-square-foot residence may span from Rs 1,400 to Rs 5,000 per square foot. Price may exceed Rs 5000 per square foot based on the luxury product selected.

• Temporary Works:

  This covers energy and water fees, site clearing, the construction of temporary roadblocks, sheds, and other supplemental expenses not covered by the first two. Apart from this the RCC labour rate in Pune is also a determinant of construction cost.

In other words, the building is a complicated process, and the cost of construction in Pune is even more complicated if you do not keep the above-mentioned factors in mind.

There are various factors involved to calculate the construction cost in Pune of a residential building. 

Factors like Service works, finishing works, civil works, site establishment, and temporary works, consultant works should be taken into consideration while calculating

bungalow construction cost in Pune.

I will discuss in brief these factors so that you can have a better understanding of construction

cost in pune 2021

  :

The service works take up around 17% of the total cost of construction. The estimation of service works charges varies between Rs 305-302/- Square feet.

The finishing works take up around 23% of the total cost of construction. The estimation of finishing works charges varies between Rs 420- 450/- Square feet.

Civil works take up around 53% of the construction project. Different construction phases like excavation, footings, RCC work, Blockwork, plaster, etc are included in the Civil works. The charges for civil works vary between Rs. 980- 1000 per square feet.

Construction activities like barricades, clearing sites, water, and electrical charges are included in site establishment and temporary works. The cost estimation varies between Rs 85-90 /- square feet that are 4.5% of the total construction cost.

The charge for consultation costs varies between Rs 43- 45 /- square feet which takes up around 2.5% of the total

construction rate in Pune

. Architectural design, service design, service design, etc.

Consultation cost also covers work like plumbing, fire fighting, electrical, HVAC, etc. Other works like flooring, painting, marble works, Gypsum plaster are also included in the consultation cost.

The construction cost in Pune

for

the residential house varies from one agency to another. However, if you are living in Pune, it may cost around Rs/- 1500 to Rs/- 2000 per sq. ft for constructing a residential building.