Application-wise tips

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Application-wise tips

  • 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.

One more thing – the user should use only the best cement for construction; cement prices alone should not influence his decision of buying one particular cement brand. Because if it is about one’s house, one should get only the best quality cement.

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  

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