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Q.

What is the Building Construction Cost per sft in Pune?

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I recently looked into building a home in Pune since I had a land there and was curious about the construction costs per square foot. From my own research and conversations with local contractors, I got to know about the construction rate per square feet in pune. I was so happy that it fell in my budget according to the size of plot I had.

How to Find the Average Construction Cost Per Square Foot in Pune?

The below is the information I gathered about the construction cost in Pune:

  • I found that the construction cost in Pune typically ranges between Rs. 1,500 to Rs. 2,500 per square foot. Of course, this depends on the type of building you’re planning and the quality of materials used.

  • For residential properties, the cost is generally around Rs. 1,200 to Rs. 3,000 per square foot. If you're thinking about commercial buildings, the prices are a bit higher, between Rs. 2,000 to Rs. 5,000 per square foot.

  • Labour costs also vary, and in my case, I was quoted around Rs. 500-1000 per day for skilled workers.

What surprised me was how much these prices fluctuate based on the location and complexity of the design. For example, a simple one-storey house would cost much less than a multi-level building with intricate designs. When I spoke to a few contractors, they explained that the cost also depends heavily on the type of materials you choose and the labor involved. 

Pune has some relatively affordable options for materials, but premium choices can definitely push your budget up. 

If you're planning on building a home or even an office in Pune, I’d recommend thoroughly discussing material options with your contractor and ensuring all necessary permits are sorted out. I hope my answer helps you get an idea of construction cost per sqft in pune.

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Construction Cost of Residential Building in Pune

0 2024-04-29T10:13:29+00:00

Hi Shanky. A year ago, I made a permanent move to Pune, and I'm thinking about constructing my own home in this smart city. So, I researched the building construction cost in Pune and found that on average it ranges between Rs 1400 and Rs 2000 per sq ft. However, it depends on various factors that I listed below for your reference.

What is the Cost of Construction in Pune?

The price per square foot of building construction in Pune can vary depending on a number of factors, such as:

  • Labour Cost

Labour expenses mostly determine the total price per square foot, since skilled workers are paid more for their experience. Payments to labourers, builders, technicians, electricians, and plumbers are included in labour charges.

  • Construction and Finishing Materials

The cost of raw materials, including bricks, steel and cement, is one of the primary factors affecting construction rate in Pune. The entire cost can be affected by changes in the price of these materials.

However, the quality of these materials typically comes in three quality levels: average, good, and excellent. Building a home using average-quality materials will be far less expensive than building one with superior materials.

  • Plot Size and Location

If the plot is in an exclusive region, proximity to tourist attractions, airports, or train stations, then the construction cost will automatically increase. The cost associated with construction goes up with the size of the plot.

  • Design Complexity

Innovative concepts and complex designs are difficult to implement and increase construction costs.

Civic expenses and market conditions are other factors that may impact building construction prices in Pune. I hope you get an idea of the construction cost per sq ft in Pune.

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What is the standard cost of construction per sq ft?

0 2024-04-27T17:51:58+00:00
My brother is a real estate investment advisor and he keeps telling me that Pune's construction and real estate sectors are expanding quickly, with new residential and commercial projects opening up each year. If you are looking for the cost of construction in Pune, I can tell you that the typical cost of building in Pune might vary between Rs. 1700 and Rs. 2500 per square foot, or between Rs. 15-20 Lakhs.

What is Building Construction Cost in Pune?

  • Developers are drawn to Pune because of its relatively lower development prices as compared to other Indian metropolises.
  • Pune construction costs are influenced by a number of variables, including the kind of building, the materials utilised, and labour costs.
  • As I already said, the typical cost of building in Pune might vary between Rs. 1700 and Rs. 2500 per square foot, or between Rs. 15-20 Lakhs.
I will tell you the various factors that affect construction costs in this post and offer helpful advice to help you organise your building project.

What Factors Influence Pune Construction Cost Per Sq Ft?

  • Labour costs: 
Both expert and unskilled labour make up a sizable amount of construction costs. Project costs as a whole are influenced by availability and wage rates.
  • Land prices: 
The high cost of real estate in Pune has a direct impact on building expenses. The cost of acquiring land has a big influence on project finances.
  • Regulatory compliance: 
It is imperative to follow all building codes and laws. Permit, licence, and safety standard expenses are included in the total cost.
  • Market demand: 
Price fluctuations are a result of changes in the market demand for building supplies and services. Keeping an eye on trends is essential to budget planning. I hope now you have clarity on cost of construction in Pune. Buy Legally Verified Properties in Pune With the Help of NoBroker Buyer Plans. Read More: What is the cost of construction per sq ft?
2 2023-02-21T17:25:29+00:00

If you're like me and are planning to build your dream home in Pune, then you're probably wondering about per sq ft construction cost in Pune. As someone who's been researching this process, I know firsthand how important it is to have a clear idea of the construction rates and other expenses.

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The construction rate per square feet in Pune depends on factors such as location, type of construction, and quality of materials used.  The per square feet construction cost in pune will be different for prime location and city outskirts.

I found that the construction cost per square foot in Pune can range from Rs. 1,200 to Rs. 2,500, with the average rate being around Rs. 1,800 to Rs. 2,000 per square foot. You might need to pay for permits, fees, and taxes separately. The price of fees and permits can be checked on Pune Municipal Corporation website.

While you are exploring the answers to your question; what is the building construction cost per sft in Pune, let me tell you that there are multiple factors that affect the cost of construction. Here are a few for your reference:

  • Service works

  • Finishing works

  • Civil works (cost of building plinth, walls, roof, boundary wall, parapet, flooring, and plastering)

  • Site establishment

  • Raw material ( bricks, cement, concrete, sand, and RCC reinforced steel) 

  • Temporary works

  • Consultant works 

Don’t forget to take these factors into consideration while calculating per sq ft construction cost in Pune.

This is all from my end on

per sq ft construction cost in Pune.

Read more: What is the Function of a Municipal Corporation? How to reduce the cost of construction? How to calculate the house construction cost? What is the cost of construction per square foot?

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