How Much Does a Home Lift Cost?

We have a joint property consisting of 4 floors and we wanted to rent it out last year. In fact, we started getting tenants as well but no one was agreeing to move to the 3rd or 4th floor. After all, it is tough to climb so many stairs every day. That is when we planned to install a residential lift there and went to research the cost of lift for home. On researching, we learned that the cost of a lift will depend on several factors. Let me highlight them here.

The cost of a lift will depend on several factors like

• Construction type

• Location

• Size of the house

• The complexity of the lift

• Number of people you want to accommodate in it

• Services you want to have in it, and more.

Now to answer, how much does it cost to install lift in house let me share a price list:

This list is just to give you a brief idea about the type and price of lifts, but there are plenty more varieties. So choose your lift according to your requirements and budget.

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The cost of a lift depends on its type, model, customisation, labour cost in your area, and other aspects, but it is usually between Rs 11 lakhs and Rs 21.60 lakhs. When we installed a lift, it cost us around Rs 17 lakhs. It is thus better that you first decide which type of elevator you want to install and hire a professional to know their labour charge and calculate how much does a home elevator cost. Let me give you some ideas about the pricing, next. 

How Much Does an Elevator Cost?

As I said, an elevator can cost anywhere between Rs 11 lakhs and Rs 21.60 lakhs. The elevator series also affects the price, for example:

Some other factors that affect the pricing are:

• What safety features it has

• The elevator's serviceable design

• Size of the elevator 

• Travel distance of the elevator 

It is thus better that you choose a type of elevator, know the labour charge to install it in your home, and then calculate the estimated cost of the elevator installation.

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I have an elevator installed at my home in Bangalore so I can tell you elevator for home price.

But you should know that there are several elements that affect the cost of a home lift in Bangalore. These elements include safety procedures, lift technology, lift design and style, lift count, and floor height. 

Home Lift Price in India

As I already mentioned, one lift ascent typically costs between Rs. 6 lakhs and Rs. 20 lakhs. 

• To accommodate a range of architectural styles and price points, home elevators are available in multiple sizes and designs. 

• A simple hydraulic lift that can service two to three stories and hold four to five people can run you about Rs. 6 to 8 lakhs.

• However, a larger, more feature-rich lift may set you back as much as Rs. 15-20 lakhs.

• The cost of a home lift in India is also influenced by the building's height, or the number of floors, capacity, traffic, and power requirements.

I opted for a simple hydraulic lift for my low-rise building which cost me around Rs. 7 lakhs. Now that you too understand lift installation cost in India, you can make a clever budget for lift installation at your home.

My wife and I wanted to install a small lift in our home to provide convenience and accessibility for our aging parents. We researched various options and found a suitable small lift that could comfortably accommodate a few people. After consulting with experts and receiving cost estimates for a small lift for home price in India, we realized that the price of a small lift for their home in India would depend on factors such as the lift capacity, design, and installation requirements. Let me tell you about it in details

Lift installation cost

The cost of lift installation in India can vary depending on several factors, including the type of lift, building structure, height of the building, and additional features required. On average, the installation cost for a standard hydraulic or traction lift in India can range from ₹10 lakhs to ₹25 lakhs. However, this estimate may increase significantly for high-rise buildings or if customized features like glass panels, advanced control systems, or energy-efficient components are desired. Additionally, maintenance and operating expenses should be considered when evaluating the overall cost of lift installation in India. It's recommended to consult with lift manufacturers or contractors to obtain accurate quotes based on specific requirements.

I hope this helps you understand about 2 person lift price in India. However, I had a friend who wanted to know the lift cost for 3 floors. I am not very familiar with the exact price, It would be great if someone could help me with it.

Hey pal,

I have always wanted to get an elevator installed in my home. When I bought a new house, I looked at the home lift price. I found that the variation and mechanisms of the lift impact its price. Keep reading to know various factors that will help you choose a lift. 

• Number of floors, with height per floor

• The technology of the lift: Traction, hydraulic & screw drive.

• Aesthetics (look and feel) 

• Safety protocols

• Country of production

• Number of floors/stops

According to the current market trend, the average lift cost for home ranges from Rs. 5 lacs to 60 lacs rupees. Most lift companies charge per floor. In a residential house of three floors, the average cost per floor will range from 1 lac to 5 lacs rupees. The companies also factor in 3-metre travel height per floor. If the travel height is more than that, the companies tend to charge extra.

Cost :

The look of the lift is another major factor that drives up the price. Lifts with automatic buttons and mirrors cost more than lifts with grills. Usually, the lifts you see in hotels, and restaurants cost more than lifts installed in residential buildings. I saw a few resellers, selling the 4-5 people lift for Rs.2 lakhs - Rs.5 lakhs. 

Home elevator cost of different types of elevators in the Indian market. These lifts will work well in 3 stops lift (G+2) setting. 

• Indian manufactured Traction Elevators: 5 lacs to 8 lacs

• Indian locally assembled Hydraulic Elevators: 6 lacs to 10 lacs

• Imported Italian/German Brands (Traction/Hydraulic): 10 lacs to 18 lacs

• Imported Swedish Brands (Screw Drive Technology): 20 lacs to 28 lacs

• Imported German Brands (COG Belt Type): 40 lacs to 50 lacs

Before finalising the purchase of a lift, you should also look at safety features and emergency protocols installed within. I hope my explanation of home lift price has cleared things up for you. 

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