Building a basic house can cost anywhere between 2 and 4 lakhs depending on the location. We have come up with the most important factors that will help you estimate the building cost of a new 1500 sqft house in India.
Average Cost to Build a 1500 Square Foot House in India – Though Indian building industry has taken a huge leap, even today the best quality homes are built using brick. The cost of house building can be further reduced with customised designs of home and quality material use.
Average cost to build a 1500 sqft house in india
The average cost to build a 1500 sqft house in India is between Rs. 35 lakh and Rs. 40 lakh (including cost of land). This includes all expenses like land, building materials and labour charges. If you are planning to build your dream home in India, you must check out the above mentioned details.
The average cost to build a 1500 sqft house in india is around 40 lakhs.
This includes the land cost, building materials and labor charges.
Cost of land: The cost of land varies from state to state. The average cost of land in Bangalore is around 5 lakhs per cent (1 acre). The cost of land in Delhi NCR ranges between 10-15 lakhs per cent (1 acre). In Mumbai, the average price of a 1 acre plot is 13 lakhs.
Cost of Building Materials: The cost of building materials depends on the quality and type of material used for construction. The average price for sand blasted bricks used in construction is Rs 2 per brick and cement mortar is around Rs 20 per bag. Cement concrete slab for flooring costs about Rs 100 per square feet while reinforced concrete slab costs about Rs 250 per square foot.
Labor Charges: Labor charges depend on how many people are required to complete the construction work as well as their experience and skill level. On an average it takes about 25 days to complete an 1500 sqft house with two storeys at a rate of $4 per square foot which comes up to around $90000
The average cost to build a 1500 sqft house in india is between Rs. 70 Lacs to Rs. 80 Lacs. The cost will vary depending upon the location of the housing project, land prices and building material price in that area.
In some cases, it can even go up to Rs. 1 Crore or more depending upon the type of construction, whether it is a villa or an apartment or any other type of construction you want to do.
The best thing about this type of construction is that you can have your dream home built at an affordable rate from the comfort of your own home without worrying about travelling long distances to meet builders and architects or looking for suitable sites for residential projects in your city or town
The average cost to build a 1500 sqft house in india is around 4 lakhs per square feet. The total cost of building a house is divided into three parts, the land (where you want to build your house), construction and then the furniture, fixtures and fittings.
The land prices vary from city to city and depends upon the location of your plot. As land prices are increasing day by day so it is advised to buy land before starting your project as there might be no scope for any further price hike in future.
Building costs are also dependent on factors like labor charges, material cost and other factors like taxes etc. The construction part includes everything from designing till completion of the project.
Furniture, fixtures and fittings include everything from chairs, tables to curtains etc. It also includes electrical fittings required for your home.
The average cost to build a 1500 sqft house in India is around Rs 30 Lakhs. This will include land purchase, construction charges, architect fees, and other expenses.
Land: The rate of land varies from place to place. In some areas like Mumbai, Chennai and Delhi NCR, it costs around Rs 15 Lakhs per acre whereas in other areas like Bangalore and Hyderabad, it may cost around Rs 10 Lakhs per acre. The price of land depends on its location and availability in that region.
Construction Charges: Construction charges include structural costs such as plumbing, electrical wiring, painting etc., which can be calculated based on the size of the area being constructed and the type of material being used. For example, if you are constructing a house using bricks then its construction charges will be different than if you are using cement concrete blocks or reinforced cement concrete blocks (RCC). Similarly, if you are constructing a house using wood then its construction charges will also be different from when you are constructing it with steel or aluminium etc.
Architect Fees: Architects usually charge around 2% – 5% of total project cost depending on their experience level and expertise in their field. If your architect has built many similar projects before then his fee