|
»»» Building
Tips
 |
Construction
Cost
- A one-storey house is typically 800-1000 sq. ft.
- Typical cost of construction ranges from Rs. 350-450/sq.
ft.
- Cement usage is about 20 kg/sq. ft. = Rs. 70/sq.
ft. (translates to about 320 bags).
- Cost of cement ~ 8-17% of total construction cost.
- If we take the cost of land as Rs. 1000/ sq. ft.,
it will drop to 5% of house ownership cost.
- The user has to shell out at least Rs. 3-4 lakhs
for the house construction and Rs. 50-60 thousand
for cement (say 300-350 bags). So even if he has
to pay a premium of Rs 5-10 per bag its only Rs.1500-3000
for the entire dream house, he builds once in a
lifetime!
- The plot of land is typically 2500 sq. ft. and
will cost him around Rs. 2-3 lakhs.
- So total money spent on the house, including land,
is about Rs. 5-8 lakhs.
|
A typical 1000 sq. ft. house
built in semi-urban area by a lower middle class person
| Component |
% to total cost |
Rs./sq.ft. |
Rs.Lakhs |
Remarks |
| Cement |
10-15% |
70 |
0.70 |
300-350 Bags |
| Steel |
8-10% |
40 |
0.40 |
2-3 kg/sq. ft. @ Rs. 16/kg |
| Other Material |
25-30% |
100 |
1.00 |
Sand, bricks, aggregates |
| Labor |
25-30% |
100 |
1.00 |
Mason, contractor and workers |
| Finishing |
20-25% |
90 |
0.90 |
Doors, windows, furniture,
electrical, plumbing, decoration etc. |
| Total |
100% |
400 |
0.40 |
|
Source
: Dalmia Cement Research June ‘97
Cost of land is
about Rs.2-3 lakhs
Indicative estimates only
(costs may vary in different markets)
|
