How much does it cost to build a house in Bangalore?

Bangalore, a city which attracts the whole world to have a house to live and settle in the city attributing to the weather conditions, software and other companies, infrastructure and eateries. This inflated demand has resulted in increased cost of living, cost of land and buildings. Bangalore offers a number of apartments and other villa projects, but few people prefer to build their own dream house. Building a house according to their requirements and taste is a life time dream for people. Although, building a home is not a cakewalk when compared to buying an apartment.

Constructing a house is a long process involving a number of tasks and activities. It can be self-executed or an Engineer or Construction Firm can be appointed on a turnkey contract basis. There are a lot of factors that affect the cost of construction when self-executing the construction work, which is quite confusing to fix a budget for the project. A construction contractor can give the best quotation upon his experience and according on your requirements and specifications. This article focuses on the factors affecting the cost of construction and in the end you can find the rate card of YES Design & Construction which gives an idea of the construction packages for constructing a decent house at Bangalore.

Factors affecting the cost of construction:

• Site condition & location: The condition at the site considerably influences the cost of construction. Type of soil, site level from the road, water table at the site, debris filled land, flooding probability, road approaching the site, availability of open space to dump raw materials, any rock formation in the site area are a few factors to be considered while calculating the cost of construction. Location of the site to transport raw materials and labours also plays a major role in affecting the cost of construction.

• Raw material cost: Raw materials take the lion’s share which accounts to 50% in the cost of construction. Choosing the right materials of construction directly impacts the cost of construction. While Bangalore has a lot of quarries which produces most of the raw materials nearby and hence the rate of raw materials such as manufactured sand, coarse aggregates are reasonable. Apart from that, many other materials such as electrical items, bricks, tiles, granites, plumbing and electrical items and many others which are manufactured throughout the country also impact the cost of construction. The availability and proximity of raw materials affect the cost of construction substantially.

• Labour Cost: Next to raw material cost, labour cost is the major factor in cost of construction. The cost of labour depends on the cost of living of the city. Cost of living in Bangalore is higher compared to other cities; hence the cost of labour is also considerably high. On an average the labour cost accounts to 30% to 35% of the cost of construction.

• Architectural and structural designing cost: These are the most important skilled professionals who are responsible for building a strong and beautiful house. A good architect and an experienced structural engineer can easily alter the cost of construction with simple ideas and plans. The cost of these professional accounts to 6% to 8% of the construction cost.

• Cost of regulatory body’s approval: All the regulatory bodies have some approval charges to be paid which is standard to the government. In Bangalore, there are also considerable office expenses to be borne by the owners while constructing the house to get approvals from different agencies. This accounts to around 5% of the cost of construction.

You can find the rate card of YES Design & Construction for different segments of houses.

·      Conclusion: In the post pandemic situation, people in Bangalore have been more of a mind to construct a house rather than purchasing pre-engineered houses. Constructing their house helps them have a tailor-made plans for their requirements to happy stay. So, this article is most helpful for people on how to fix their budget and negotiate with the construction contractor / engineer. For further details on different packages, please visit our website.