Estimated and Actual Cost of building a New House in Maharashtra? What is the per sq feet construction cost? Building a small beautiful bungalow
This blog is for people who want to build their dream house. I am sure information on this blog will help all readers looking for information on building new house/bungalow.
I have started building a new house from Jul-2-2011 in my native place and want to share my experience so that people building new house are well equiped. The ground floor of my house is 1BHK and the first floor may have 2 more rooms. The house will also have a terrace, balcony and verandah. Method:I consulted an architect for a house plan.The contract for building the house was then given to a contractor. The labour charge is fixed per sq feet and the material cost would be borne my me.
Plan: I will soon post the plan for the house since only the ground floor 1BHK plan is finalized till now and we are yet to finalize the plan for 1st floor. We are being helped for the plan by the son of my Dad's friend. i) Ground Floor Plan:Shortly coming ii) 1st Storey Plan:Shortly coming
Cost : I Plan to track my estimated cost versus actual cost so that readers are well aware of the financial aspect of house building.It was a nightmare to find the per sq. feet cost of construction. There is no standard figure available and rightly so. The construction cost ranges for around Rs 800 per Sq Feet to Rs 1,200 per Sq Feet.My estimate is around Rs. 720 per Sq Feet. I am not sure if I have missed out anything. The current prices for Steel, cement, dabar, sand etc and the quantity required to build my house was estimated. We will soon find how correct is my estimate :)
Another nice way to calculate the construction cost of the house is by using the below calculator. http://www.acchelp.in/cost-calculators.aspThe above site has an estimate of Rs. 688 per sq feet as the construction cost of a new medium quality house in Raigad, Maharashtra.
i) Estimate Vs Actual Cost
Actual Photo of Site:
17-Sep-2011: After Slab (First Slab was put on 14-Sep-2011)
7-Sep-2011: Before Slab (First Slab was put on 14-Sep-2011)