Importance Of Location
Importance Of Location

Cost to Build a 1500-Square-Foot House

Table of Contents

  • Introduction
  • Average construction rates across regions
  • Important considerations for constructing a residence
  • How do you calculate the construction cost per square foot for a project?
  • Some suggestions to cut down the construction cost per square foot
  • Final remarks

Introduction

Think about the thrill of building your own house which shall be a place to captivate one’s own memories and one can survive along with friends. But once again before this amazing journey starts there is one more universal question that needs to be answered while situated in India: What is the average price to build a 1500-square-foot home? In this blog by Colive, we will uncover baseline costs related to construction for a house of 1500 sqft and assist each of you in answering this remarkably simple question so that you may understand how you can make your way to your dream house.

Average Construction Prices in India

| Expenditure | Estimated Cost for a 1500 sq ft House |

|—————————————–|—————————————–|

| Fees for an Architect | Starting from Rs 15,000 |

| Construction of brick walls (without RCC)| 800 Rs per sqft |

| Construction of brick walls (with RCC) | 900 Rs per sqft |

| Civil Engineering Works (per Square Foot)| 1,500 Rs per sqft |

| Electrical and Plumbing Works| 2,500 Rs per sqft |

| Cost of Material | Starting from Rs 7 lakh |

It is required to factor in various components while determining the cost; as a word of caution, the average prices can be quite different in states.

Factors to Consider While Building a Home

1. Cost of Land

Generally, the price of land varies depending on its location and its surrounding area. An empty block of land far from a city would be less expensive in comparison to an empty block that lies within the boundaries of the city. On the other hand, if you aim to purchase land that is already in an established suburb or within a city to build a house, then naturally the cost will be higher.

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2. The Cost of Civil Works

In relation to civil works, foundation-related basic costs should include walls, roof, boundary wall, parapet, floor work, plastering and the cost of materials. Apart from bricks cement, concrete, sand and reinforced cement concrete – reinforced steel are the primary basic materials. However, the difficulty in estimating the raw material quantity is that its volume greatly depends on the design of the building. The civil cost also includes the cost of manpower, contractors and shuttering works.

3. Understanding the Site Requirements

Construction site selection and surrounding community and area must be in line with your requirements in relation to the budget set aside for building your new house. See to it the infrastructural facilities in the area such as electricity, water, sewerage, rain water harvesting, and prevention of water stagnation or flooding are available. Take into consideration the road network access to your house, where you will be housed in, possible available facilities within the area, soil condition within the area of the plot and the height of the plot in relation to the road.

4. Regulative Laws and Regulations

Depending on the location, the building codes determine the time and cost of completing the work. If your property is situated in a climatic region, it is necessary to seek permission from the local authority or gram panchayat for construction. This can clearly cause delays as well as increase costs. Besides that, there are certain regions with specific building codes, for example, in Delhi two-storey houses are required to have stilt parking. Failure to comply with these regulations could result in the municipal authority turning down the proposal.

5. House Completion Cost

The cost of construction includes the cost of finishing doors, windows, timber works, electrical and sanitary fittings and fixtures, plaster of Paris (POP) work, and grill work. The finishing cost can be between Rs 500 per square foot and Rs 3000 per square foot depending on the selected amenities. The finishing also includes the cost of labor which consists of carpenters, painters, polishers, plumbers, tile masons, and electricians among others. The building expenses are divided into two parts; the civil work, and the finishing costs. For 1500 Square Foot, it would cost around Rs. 1300 and up to Rs. 5000 per square foot to put up an average size house.

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What is a Cost per Square Foot when it comes to Construction?

Projects for construction vary in the area where the site is located, the type of foundation that will be used and the soil in that particular area. In addition the legalities such as obtaining permits, the cost of raw materials, rising cost of living, geographic influences and customizations all contribute towards the total expense of a building company.

Construction Budget for Civil Work in India

In most cases building a house in India requires a budget ranging between 800 and 1000 Indian Rupees for every square foot. This includes the purchase of materials required for constructing a house, such as sand, cement, steel, bricks, and gravel necessary for the foundation, roof, plinth, brickworks, boundary and parapet walls. These components include labor and material expenses, contractor charges, and shuttering installation costs.

Cost Per Square Foot in Completing an Apartment or Home

The cost estimation for constructing a home will be in the range of Rs. 400 to Rs. 700 per square foot. The price of finishing work includes the costs for necessary fittings, such as floors, tiles, electricity, plumbing, water tanks, security and fire systems, wall finishes, paints, windows and door analysis. Finishing work typically covers doors, windows, timberwork and grill work but is not restricted to them. The price for completion tends to start from Rs. 500 and can reach up to Rs. 3,000 per square foot depending on the features incorporated in the construction of the home.

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Suggestions of Saving on Construction Cost in Terms of Per Square Foot

  • Consider Local Providers: Try to source items within the vicinity. It can be cement, bricks, doors, windows, pipes or any other items necessary for construction. Less money will go towards transportation.
  • Consider Fitting GST: While calculating the estimation, do not forget to include the GST. Many people overlook the tax while doing the analysis but the rate at which construction materials are taxed is 28% and can hike the cost of any construction very fast.
  • Long-Term Building Value Considerations: Minimize the frequency of maintenance and repair costs by making investments in quality building materials. It is also possible to use greener alternatives in order to lower the average cost of a 1500 square foot home in the future.
  • Get A Plumbing Quote From Multiple Service Providers: Interview several contractors and ask for their quotes before selecting them. You might have a clearer understanding of where the market price and your bargaining power stand.

Conclusion

Building cost for a family dwelling of 1500 square feet or so in India, among many, is the location the unit is meant to be built in. Though perhaps no effort should be made to give a price value on average or approximate due to such differences both in geographic and preference-based, extensive documentation and evaluating are most important. By factoring the location, the house design, the workforce, law and other associated costs into the scope of factors to consider, you can set a more reasonable fiscal plan when it comes to realizing the house that you have always wished for.

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