|Sat Sep 25, 2010||Total posts : 2
| Topic: Hello,I wonder if the experts in this forum could help!I am constructing 4 dwell
Hello,I wonder if the experts in this forum could help!I am constructing 4 dwelling units (2 ground floor 2 first floor) on a plot of size 21'x66'. There is car park at the front 20' x 13' - included in the total plot size.The actual built up area will be 1942 sq. ft. ground floor 812 sq. ft. and first floor 1130 sq. ft.I am getting the construction done through a contractor who is known to us. Therefore we have not signed a contract. The verbal agreement is for a rate of Rs.1175/sq. ft.So far, the work completed is the foundation and 18 columns on the ground floor. We have so far paid Rs. 5.5 lakhs which works out to about 43% of the estimated cost for the gound floor completion. He is now asking for more payment saying he needs to procure materials for the ground floor roof.My question is does the payments made to him so far equate to the work completed? i.e does the foundation 18 columns constitute 43% of the total work to ground floor completion? If not, what percentage would it roughly work out to?Appreciate any valuable advice that you would provide.
|Mon Sep 27, 2010||Post #1|
|S L Gupta (Civil Engg)|
Join date: Mar 2008
The gharexpert website give us lot of information about the construction of building, specification of materials, how to hire contractor, payment schedule and detail cost estimate so that contractor can not befool us if we know all the things before giving a contract to the contractor. I generally feel we people have more trust on the mason and contractor than the qualified civil engineers and think that a small amount given for structural design and estimate etc is unnecessary but after starting unplanned work spent huge extra amount to complete the work. If you read the construction section i.e. Start construction than find lot of information. For contract you should go through the article link below
Now handle the contractor tactfully and give money I.e. actually required to complete the slab work by taking a detail from him i.e. cost of cement, steel, shuttering etc and supervise more vigilantly and ask him now make payment schedule for rest of the work. Pay him tightly.
|Mon Sep 27, 2010||Post #2|
Join date: Nov 2007
| Post subject: You should sit with your closed and experienced ...|
According to the covered area you have, the rough cost of construction would be Rs. 16 lakhs. And you had already given the contractor 35% of the total estimated cost. What is the current condition of the plot? Did your contractor started the work ?
You had not made any contract. This is the big mistake. Now it all depends upon your relationship. I think Mr. S.L.Gupta has given you the advice is the only solution for you. You have to handle the situation cleverly and tactfully.
I think you should discuss the aged and experienced person in your family. Sit with your contractor and open your problems calmly. Handle the situation patiently. But do not show your worries regarding the money and trust.
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