Hey, the average construction cost lies in the range of Rs. 12 lakhs to Rs. 50 lakhs for a 1000 sq. ft. house built in medium-quality. Now, your final cost would be determined based on the material quality, the architect, your house location, labour charges and the design. If we talk about how much money needed to build a house in India, there are certain things you need to consider to get an estimate. I have talked about the same here from my own experience.
How Much Money Required to Build a House in India?
This is a pretty general question, which cannot have an exact answer, in my opinion. But yes, I can share a rough figure of the average expenses you’ll have to bear to build a 1000 sq. ft. home.
Civil Work: Rs. 1,500/ sq. ft.
Architect: Rs. 15,000/ sq. ft.
Raw Material: starting at Rs. 7 lakh
Brick wall construction including RCC: Rs 900/ sq. ft.
Electrician or Plumber: Rs. 2,500/ sq. ft.
Apart from this, I have a few suggestions which will help you keep things under your budget when you think about how much money needed to build a house in India.
Go through a deep process of checking the construction material. Compare prices, brands and quality. Here, make no compromise on quality, as this will form the foundation of your house.
Before the construction begins, make a proper map of the design and plan it out with the architect. Avoid useless additions and go for necessity.
You can hire a project manager to keep control of the cost. They will take care of the planning, timely work completion and more.
I would like to end my answer here. I hope this helps you learn how much does it cost to make a house in India.
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Planning for your ideal home can be difficult if you don't know how much it will cost to build it. You can make the proper plans if you have a thorough understanding of how much it will cost to build a house. In this answer, I will attempt to offer you a general sense of the elements that go into determining the cost of building a house in India.
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One should be aware of a fundamental fact before discussing the elements that influence the overall cost. The location of the property and the price per square foot to construct a home there, as well as the overall square footage of the house, were the two key factors that determined a home's price.
Types of Houses in India
In India, there are three main types of housing that are constructed:
Custom/Traditional homes
Modular & prefabricated homes
House developer homes
Custom/traditional Houses
You have the option to choose a home that satisfies your needs and aesthetic standards with custom homes. Because there are so many alternatives, it is challenging to determine the price of a custom 1, 2, 3, or 4-bedroom home. considering that it relies on what you're after. Custom homes typically cost a lot of money and take a lot of time to build.
Here is an estimate of the house making cost in India to construct a typical, cost-effective home in Bangalore, Chennai, and Coimbatore:
Home | Area | Cost in Coimbatore | Cost in Bangalore | Cost in Chennai |
1 BHK | 500-900 sqft |
Rs 1600-1800/sqft |
Rs 1750-2000/sqft |
Rs 1750-2000/sqft |
2 BHK | 900-1200 sqft |
Rs 1500-1800/sqft |
Rs 1700-1800/sqft |
Rs 1700-1800/sqft |
3 BHK | 1500-2000 sqft |
Rs 1400-1800/sqft |
Rs 1600-1800/sqft |
Rs 1600-1800/sqft |
Modular & prefabricated Houses
In India, it is also known as prefabricated housing. Most modular and prefabricated homes come equipped with all the contemporary conveniences and services one would require for a pleasant existence. Customers are not allowed to freely design their homes any way they like. Compared to the price of building a standard home, these dwellings cost roughly 20% less. These homes are typically built off-site, or, to put it another way, many other aspects get prepared off-site in addition to the construction.
Developer Homes
The key to successful building or home development is a high level of personalization. Depending on the size of the alterations, developments are estimated. Custom homes are more expensive than housing subdivisions. When compared to standard homes, selecting this option can result in savings of up to 15%.
I hope I was able to help you understand more about the cost of building a house in India.
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I have constructed my house in 2021 with some of my civil experience and with the help of an architect. It cost me around Rs.25 Lakhs to build the house including all the internal work. Building a house in India with our own money on our own land is everyone’s dream. But in today’s changing world and constant increase in the prices of land, sand, bricks, cement, steel and other equipment making it a bit difficult for some people. Some people prefer their own home instead of living a congested life in an apartment. The advantage of building your own house is that you can customize it as per your convenience and choices. Let’s see how much it cost to build a house in India.
How much cost to build a house in India?
Building a house and its cost totally depends on the factors like raw material price, civil engineer charges, land cost, overall construction estimate and design of the house. I have listed down some factors to understand the overall cost of the construction.
1) Make an EstimateYou can start by making an estimate of the overall construction. First, make a list of things you want like bathrooms, rooms, halls, bedrooms, kitchen, lawn and other amenities. You have to count the number of people living in the house. After considering your numerous recurrent expenses, think about the area specified in your profession, children's schooling, and a suitable budget. After combining all these factors, make an estimate and start the construction process.
2) Plot DesignThe design and architecture of things in the house like bedroom, kitchen, hall, washroom and balcony totally depends on the structure of the land. The Engineer or an Architect will charge as per your land and house design. The designer can charge around Rs 20,000 and Rs 25,000 for a plot of 1,000 sq ft. These charges may vary from place to place. The more you try to customize it, the more it will get costlier.
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Building standards differ by area, which can lengthen the project timeline and increase the cost of construction. If your project is near some sensitive location and requires legal permission for construction, capital costs and longer construction deadlines may emerge as a result. You should follow all the legal procedures to get your application approved.
4) Civil and Finishing CostThe civil cost includes bricks, cement, concrete, sand, and RCC enhanced steel, as well as labour costs. This cost totally depends on the design and structure of the house and it can vary from place to place. The cost of constructing a brick wall without an RCC column ranges from Rs 700 to Rs 800 per sq ft.
Gates, windows, woodwork, electric connections, plumbing fixtures and compound work are all examples of finishing work. Grey flooring finishing work starts at Rs. 450 per sq ft and goes up to Rs.800 per sq ft. Moderate finish work, which comprises ceramics or traditional wooden floor work, costs between Rs.900 and Rs.1100 per sq ft.
You should have got an idea about how much it cost to build a house in India.
Worried about finances to build your home, NoBroker home loan service is always there to assist you. Read More: How to build a house cheap and fast? How to build low cost house in India? How much cost to build a house?Your Feedback Matters! How was this Answer?
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How much it cost to build a house in India?
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2022-02-24T23:30:42+00:00 2023-06-16T12:20:48+00:00Comment
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