To Know what is the 2bhk Construction costing we need to know
Table of Contents
Toggle- To Know what is the 2bhk Construction costing we need to know
- How to Plot Choose Before Construction
- 2BHK Construction Costing Measurements
- What is Construction Cost in Hyderabad, Telangana
- 2Bhk Construction Cost per Sq. Ft.
- Civil and Finishing Costs
- Total Construction Cost
- 1. Source Materials Locally
- 2. Consider the Goods & Services Tax (GST)
- 3. Think Long-Term for a life time
- 4. Consult Multiple Contractors and Obtain Estimates
- 5. Optimize Labor Scheduling
- 6. Proper Planning and Recycling Practices
- 7. Utilize Construction Practices like Building Information Modeling (BIM)
- Lets not forget GST Rates on Construction Materials
- GST Rates on Bricks and Construction Materials
- What are the Major factors influencing construction cost
- Factor influencing construction Price
How to Plot Choose Before Construction
Although cost estimation of constructing a house is essential in indicating how much needs to be spent on the venture, selecting the right plot is a very important determinant as well.
The second stage involves obtaining data on plots which assists in interpreting the built-up and carpet area.
The plot is considered industry-appropriate if it has the supporting title deed together with encumbrance certificates and utility bills for the preceding holder. Also, it is prudent for the buyer to critically check on what class of land that the said plot belongs, namely either agriculture or nonagricultural. A change of land use clearance would be needed if the land was to be used for residential construction. Additionally, the buyer should be aware of the plot’s FAR and understand how it relates to current building codes.
What is Built-up Area
The walled area is also regarded as the built-up space under the rulings of RERA. The balcony space for an apartment is also considered. People often confuse the two. Always remember that the built-up area of any house will always be higher than its carpet area. Carpet area refers to the accessible and covered area within a property as opposed to built-up area. Thus, it points out the distinction between carpet area and the built-up area.
The average carpet area is approximately 70 percent of the built-up area. Considering the built-up area of 1500 sq ft then the carpet area will be 1050 sq ft.
Carpet Area versus Built-up Area
The built-up area, which takes up between 15% and 30% of the carpet area lies on top. Take, for example, in case the carpet area will be of size 1,500 sq.ft., then the built-up will be of size 1,950 sq. ft.
what is Super Built-up Area
The built-up area, and a community-based facility, often referred to as a Housing Society. The super built-up area incorporates the common area as well.
The common areas include areas occupied by:
- Corridors
- Lifts
- Clubhouse
- Staircases
- Swimming Pool
- Gymnasium
- Lobby
- Pipe
- Air Ducts
- Garden
By observation, it shows that there are distinct differences between built-up and super built-up areas in terms of accessibility. The owner has exclusive rights to access to the built-up area of a flat while the common area is freely accessible by all tenants from different flats.
Super Built-up Area Calculation
The super built-up area is computed against the percentage load factor when the carpet area is known.
Loading factor is determined by subtracting the super built-up area from the carpet area. It goes pari passu with most of the common facilities found in a given setting. The higher the loading factor, the more amenities.
Loading factor normally ranges between 20% and 35% of the carpet area. The choice of it depends on the developer as well as the place.
For example, if the carpet area is 2,000 sq. ft. and the loading factor is 25%, the super built-up area is calculated as:
2000 (1 + 0.25) = 2250 sq. ft.
While comparing the carpet area and the super area, it is evident that the latter always exceeds the former.
Super Area versus Built-up Area
Super built-up area = Built-up area x average proportionate common area.
To put this in perspective, let us take an illustration. Two living in a flat are cohabiting in a given storey floor, yet their living spaces are measured differently. For example, one individual could be in possession of a flat with a built-up area measuring 700 sq. ft. while another person could have a flat that has a built-up area of 1,400 sq. ft.
Suppose the common area available is 1,200 sq. ft. Now, while calculating the super built-up area, the common area will be divided proportionally in the ratio of 1:2. There will be 400 sq. ft of common area space and 800 sq. ft will be allocated proportionately. Accordingly, the super built-up space is 1,100 sq. ft and 2,200 sq. ft respectively for each side.
2BHK Construction Costing Measurements
Total Area
The total area of a 2 BHK apartment can vary widely but often falls within the range of approximately 800 square feet to 1,200 square feet. This includes the area of all rooms, corridors, and common spaces.
Bedrooms Measurements
- Master Bedroom: Around 12 feet by 14 feet (168 square feet).
- Secondary Bedroom: Approximately 10 feet by 12 feet (120 square feet).
Living Room Measurements(Hall)
The living room or hall in a 2 BHK apartment is usually larger than the bedrooms. It can vary in size but might measure approximately 15 feet by 12 feet (180 square feet) or more.
Kitchen Measurements
The kitchen size can also vary, but a standard kitchen in a 2 BHK apartment might have dimensions of approximately 8 feet by 10 feet (80 square feet) or larger.
Bathrooms Budget
The size of bathrooms can vary, but a typical bathroom might have dimensions of around 5 feet by 7 feet (35 square feet) for a smaller bathroom and larger for the master bathroom.
It’s important to note that these are approximate measurements, and the actual size of a 2 BHK apartment can be influenced by factors such as the building’s architectural design, layout, and local building codes. When considering a 2 BHK apartment, it’s essential to review the specific floor plan and measurements provided by the developer or landlord to get accurate information about the apartment you’re interested in.
What is Construction Cost in Hyderabad, Telangana
General Construction costs in Hyderabad, Telangana can vary significantly based on several factors, including location, materials, labor, and project requirements. It’s important to note that construction costs can change over time due to inflation and market dynamics. For the most accurate and up-to-date cost estimates, we recommend reaching out to our experienced construction professionals in Hyderabad.
2Bhk Construction Cost per Sq. Ft.
In Hyderabad, the cost of constructing a residential property typically ranged from around Rs 1,500 to Rs 3,000 per square foot for reasonably good-quality construction. This cost covers the basic construction work, including the structure and foundation.
Civil and Finishing Costs
Similar to Tamil Nadu, the cost can vary based on the quality of civil work and finishing materials you choose. On average, civil costs may range from Rs 900 to Rs 1,300 per square foot, while finishing costs may vary from Rs 600 to Rs 1,900 per square foot, depending on the level of luxury and customization you desire.
Total Construction Cost
To construct an unfurnished 1,000 square foot apartment in Hyderabad, you might expect the total cost to be in the range of Rs 15 lakh to Rs 30 lakh or more, depending on the specific choices you make for construction and finishes.
For accurate and customized cost assessments tailored to your unique project requirements, please don’t hesitate to contact us. Our team of experts is here to assist you in planning and executing your construction project.
Strategies to Reduce Construction Costs
1. Source Materials Locally
By choosing locally available materials like cement, bricks, doors, and windows, you can save on transportation costs.
2. Consider the Goods & Services Tax (GST)
Take into account the taxation on building materials, which can significantly impact the overall construction cost. The GST rate for these materials is around 28 percent.
3. Think Long-Term for a life time
Generally we dont buy houses very offen when you have plan make should it lost long Invest in good quality building materials to avoid frequent repair and maintenance expenses. Additionally, consider using greener alternatives that can save costs in the future. Plan for a time frame of 30-50 years.
4. Consult Multiple Contractors and Obtain Estimates
Before hiring anyone, consult with multiple contractors to understand market rates and negotiate better. If you provide the construction materials, you can control labor costs by employing fewer or multiple workers at a time.
5. Optimize Labor Scheduling
Efficiently plan the schedule of labor to minimize rework and ensure that the workers involved in house construction are well-trained.
6. Proper Planning and Recycling Practices
Engage in thorough planning and implement recycling practices to reduce wastage during construction.
7. Utilize Construction Practices like Building Information Modeling (BIM)
Implementing BIM can improve efficiency and minimize errors, ultimately reducing costs.
By implementing these strategies, you can effectively reduce construction costs while maintaining quality and efficiency.
Lets not forget GST Rates on Construction Materials
Construction Material | GST Rate |
---|---|
Sand | 5% |
Bituminous or oil shale and tar sands, bitumen and asphalt, natural asphaltites and asphaltic rocks | 18% |
Building bricks, Fossil bricks | 5% |
Multicellular foam glass | 28% |
Fly-ash bricks | 5% |
Prefab components | 28% |
Glass based paving blocks | 28% |
Pebble, gravel and crushed stone | 5% |
Marble and granite blocks | 12% |
Building stones | 5% |
Cement | 28% |
Iron and steel products | 18% |
Tiles (Earthen, roofing) | 5% |
Wall tiles | 28% |
Bamboo floor tiles | 18% |
Artificial stone, cement, concrete tiles | 28% |
Copper wire | 28% |
Paint and varnish | 28% |
Pipe fittings | 18% |
Ceramic sinks and bathroom fittings | 28% |
Wallpapers | 28% |
Locks | 18% |
Base metal mountings and fittings | 28% |
GST Rates on Bricks and Construction Materials
GST on Building Bricks
For bricks, the GST rate ranges from 5% to 28%. GST is charged at the rate of 5% on building bricks and other bricks of fossil meal and other siliceous earth. Multicellular foam glass in blocks or panels is charged at the rate of 28%.
GST on Fly Ash Bricks
Fly ash bricks, known for reducing energy expenditure and lowering costs, are charged with a GST rate of 5%.
GST on Prefabricated Components
Properties made out of cement, artificial stone or concrete (reinforced or non-reinforced), flagstone, building blocks, cemented bricks, including prefabricated parts for building construction, are charged with GST at the rate of 28%.
GST on Paver Block
During the construction process, items like squares, tiles, slabs, wired and non-wired objects of pressed glass, glass cubes, and small glasswares used for decorative purposes, including foam glass used in blocks, plates, panels, or any objects, are charged with GST as per applicable rates.
GST on Pebbles, Gravels, and Crushed Stones
Pebbles, gravels, and crushed stones used in concrete are subject to a GST rate of 5%. This includes other calcareous articles, such as limestone flux and similar ones, used in concrete aggregates, railway ballasts, road metallings, shinglings, and heat-treated or similar industrial wastes.
GST on Marble and Granite Stones
The GST rate for marble and granite blocks is 10%. However, apart from marble and granite blocks, other types have a 28% GST rate.
GST on Building Stones
Building stones such as basalt, sandstone, porphyry, and other types of sandstones are taxable with a GST rate of 5%.
GST on Cement
A standard GST rate of 28% exists for all types of white, grey, purple, brown, green, pink, grey, black, yellow, blue, red, gold, black, yellow, blue, silver, and brown cement. Refractory cement, mortars, and concrete will be taxed at 18%, and cement-bonded particle board at 12% GST.
The past two years saw skyrocketing prices of logistics coupled with a surge in the cost of cement. Cement rates have risen up to 12-15% across India, making all construction costs increase for individual contractors, owners, and developers. The same also goes along with the high cement GST rate that has slowed down real estate project development.
What are the Major factors influencing construction cost
Design and Planning
Costs of constructing have also been influenced by design and planning. Properly planned and designed house may cost a lot but later on may save money. A good design should be attractive and budget-conscious; hence, one must work with an experienced architect.
Quality of Materials
In building, the quality of material often affects costs. There is an idea that using high-quality materials will attract a higher initial expenditure, but such a cost will pay off later because it lowers maintenance expenses and increases the lifespan of buildings.
Location
Another significant point that impacts on the total cost of construction is location. The cost of building a house within an urban area may exceed that of building one in a small locality. The third category that may also affect the business process is location.
Labor
Cost of labor depends on location and demand. Since there could be a scarcity of skilled labor in some places and therefore high cost of labor. Work with a credible contractor with affordable labor that is knowledgeable in this field.
Taxes
The issue with a house in India relates to GST on construction raw material too. In case you need an estimate of the price, you may consult an architect or a contractor.
Factor influencing construction Price
Types of Construction Raw Materials and Associated Costs
There are three categories of construction raw materials classified as C, B, and A.
C Grade Construction Materials
Uses substandard bricks/sand mortar, economy-grade fixtures, lowest-grade cement, cheapest steel, and substandard materials. Typically, it costs between Rs 7 lakhs and 8 lakhs per thousand square feet for a C-grade dwelling.
B Grade Construction Materials
Construction projects of this nature use mid-grade building materials such as cement, steel, and fixtures and fittings. A house of 1,000 sq ft constructed with B materials would cost at least Rs 10 – 11 lakhs.
A Grade construction Materials
Construction of this kind requires good quality resources leading to a range between Rs 15 lakhs and Rs 25 lakhs per unit of 1,000 built-up square feet.
Furthermore, the construction cost may also be influenced by external factors, such as:
- Delay in construction arising out of the unprofessional nature of the contractor’s attitude, industrial actions/strikes, and holidays.
- The increase in the rentals of building equipment.
- Overhead costs due to inefficient use of equipment.
Constant rising labor charges.
In this sense, they constitute an increase in the labor charges. While such instances as mentioned above may or may not occur, a contingency allocation of a budget should be made before commencing with the construction process so that no trouble during the entire undertaking results from this. Experts recommend allocating about 3 percent or 15 – 20 percent of the entire budget of construction towards any unexpected eventualities that could appear during the process. Secondly, they will have to consider the GST on construction materials in their calculations of construction.
Some of construction companies are providing total contract for construction
Bricks an bolts charges price 1690/sft its there basic plan