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CONSTRUCTION COST PER SQFT

Sun Dec 02, 2012Total posts : 3
mctalikoti
mctalikoti
Join date: Dec 2012
Topic: CONSTRUCTION COST PER SQFT

Dear Sir,

|I want your advice on following. I have hired a contractor, who is charging me 1450 rs/sqft for building my house. & he is charging for Slab projections Rs 800 per Sq ft.  Please advise on this.

He is not giving detailed estimate of the project. we have built up are 1630 Sq ft , then he is multiplying by 1450 Rs / sq ft + 320 Projectionsx800 rs

=2363500+263200

=2626700 Rs will be the contract amount excluding compound wall.

 This site is 40'x60'. Built up area is 1630 Sq Ft. In Bagalkot Dist. Karnataka India.

Please advise me on the cost of the building. Is the contractor is correct or wrong.

Waiting for your reply

Best Regards

M.C.Talikoti

Wed Dec 05, 2012Post  #1
S L Gupta (Civil Engg)
S L Gupta (Civil Engg)

Join date: Mar 2008

Dear

The proper way of finding the total cost of the building and rate per sq feet is that to have detail estimate according to the drawing of your home, in which you are able to know about rates and cost of the building.After having details of each items and material you are in better position to bargain with the contractor. See the link below.

http://www.gharexpert.com/Estimator/detailed_cost_estimate.aspx

 
Sat Dec 08, 2012Post  #2
Raviteja
Raviteja

Join date: Dec 2012

1450 per sft is an exhorbitant cost for your area

Slab cost which is 800 per sft which is 55% of the total cost is comical...

Generlly construction costs including everything will not cross 1200-1300sft....Including wood work-sewarage-tiles-paint etc.....

Slab cost will not cross 600 per sft for residential houses (40-50% of total cost)

Untill u see the detailed estimate , don't commit to the contractor.Spend 25,000/- to 30,000 /-on a consultant of your choice who can guide you to save money because if you save 100 per sft your saving is Rs 1,63,000/-

 
Mon Dec 17, 2012Post  #3
gereddy
gereddy

Join date: Apr 2012
@Raviteja,

I also recvd same quote around 1400-1500 in bangalore

if contractor has given 1450 psft in bangalore..is it still expensive? also this does not include wardrobes
 

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