Personally, I prefer individually planned and constructed homes. However, I know it is important to know the direct and indirect estimates of house construction cost. Even though building expenses could differ between states based on the location, labour costs, and quality of materials used, an approximate estimation will be definitely useful. If you are planning to construct your new house, you must read below to find out the latest pricing.
How much Money is Needed to Build a House?
There are several phases involved in building a house: RCC, Finishing, Decorating, and Handover. I can provide an approximate price for 1000 square foot property in Tamil Nadu. The breakdown of house construction price in Tamil Nadu is tabulated below.
Expenses | Average Pricing |
---|---|
Basic bathroom construction |
Rs 25,000 to Rs 50,000 |
Standard room construction |
Rs 1,00,000 to Rs 2,50,000 |
Architect |
Rs 15,000 onwards |
Construction cost per sq ft |
Rs 1,500 to Rs 5,000 per sq ft |
Brick wall construction (without RCC) |
Rs 800 to Rs 900 per sq ft |
Brick wall construction with RCC) |
Rs 900 per sq ft |
Building construction labour rate per square feet |
Rs 140 to Rs 200 per sq ft |
Tiling, electrical fitting, plumbing, painting, putty, door framing, fabrication, and other miscellaneous work |
Rs 70 to Rs 100 per sq ft |
Earthwork excavation labor cost |
Rs 10 to Rs 12 per cubic ft |
Raw material cost |
Rs 7 lakh onwards |
Total Pricing | Approximate to Rs 20 lakh |
Thus, the approximate cost of building a home in India is about Rs 20 lakh. I hope now, you got an idea of how much money is required to build a house.
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Hi Buddy,
I am residing in Bangalore with my family. Recently, my parents wanted to build a house in Bangalore. However, I was wondering since then about how much money need to build a house in India? This question was bothering me as I was not sure about the budget and did not want to jump into such huge investment activity. Building a house is a significant achievement for everyone.
I have gone through Kritika’s answer about how much money required to build a house in India, and I agree with her points or the factors that she mentioned. With the help of her answer, I have got a rough estimate of the cost of constructing a house.
“how much does it cost to make a house in India?” This question was revolving in my mind, hence I started comparing prices to tier-2 or tier-3 cities, or even towns/villages. I found that building a property in a tier-1 metropolis like Bengaluru, Mumbai, or Hyderabad can be highly expensive.
A 1600 sqft plot of land in Bengaluru costs between 70 lakhs and 1 crore, to give you an idea. (This varies depending on the area), but never less than the indicated amount.
A single-storey 2BHK flat would cost you about 50–60 lakhs after you have purchased the land. (This is dependent on how you want your home to appear.) When you want a 3+ BHK house, the price may shoot up.
I have checked my home loan eligibility criteria through this,
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I hope this helps you:)
Verify all property documents and take legal advice from the NoBroker legal assistance service If you need painting services, just click here and get a quote for your property Get home cleaning done from the NoBroker home cleaning service.I hope now you know how much money need to build a house in India.
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Building a house includes many direct and indirect costs, which depend on various factors like the architect’s fee, raw material, labour charges, etc. These costs may vary depending upon the state, location, type of material and many other things. If you wish to know
how much cost to build a house in India then I guess I will be able to help you.
Let’s have a look to have an idea of the costs involved.
How much does it cost to build a house? Land costFirst of all, you will need a piece of land to construct a house. The cost of land depends on the state, city, location and surrounding area of the land. The prices of the plots keep changing from time to time.
Architect’s feesIf you are planning to build a house for yourself, you will need to hire an architect, who could prepare a layout for the house. His fee will depend largely on the size of the plot, which may vary depending on the location of the plot.
Civil or construction costThe civil cost includes the construction of the house. The cost of raw materials such as cement, bricks, sand, concrete, steel, etc. It also includes labour charges, contractor charges and shuttering charges. The cost of construction material can be estimated between Rs 800 to Rs 4000.per square feet. Accordingly, you can find the cost based on the area of your plot.
Finishing costAnother factor involved to know
how much it cost to build a house in India is the
cost of the wooden work, doors, windows, electric and sanitary fittings, iron grills, POP and painting of the house is included in the finishing work. Services of a carpenter, plumber, painter, etc. also fall under the finishing cost. Its cost can be anything between Rs 500 to Rs 5000 per square feet. It all depends on the quality of the material you are willing to use.
Hiring a good architect is recommended, who will help you to find the estimated cost of the construction of the house. I hope now you know
how much cost to build a house.
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How much cost to build a house?
Daksh
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2021-09-28T11:47:59+00:00 2023-10-26T10:50:50+00:00Comment
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