The Cost of Constructing a House in Bangalore in 2021: A Comprehensive Guide
In 2021, the cost of constructing a house in Bangalore varied significantly based on several factors, including location, materials used, and the type of construction. The average cost ranged from ?1500 to ?3000 per square foot, with variations according to the quality of materials and the scope of design customization.
Types of Construction Costs in Bangalore
Basic Construction: For standard materials and finishes, construction costs ranged from ?1500 to ?2000 per square foot.
Mid-Range Construction: Higher quality materials and some customization added to the costs, bringing the price to ?2000 to ?2500 per square foot.
Premium Construction: For high-end materials, luxury finishes, and intricate designs, the cost could reach ?2500 to ?3000 per square foot or even higher.
Additional Costs: Beyond these basic costs, other expenses such as land acquisition, permits, and utility connections would also contribute to the overall expense. These additional costs can add several lakhs to the total construction cost.
Construction Costs and Quality of Materials
Using high-end materials such as granite, marble, and other top-quality options would significantly increase the cost of construction. While using premier materials can enhance the look and durability of the house, it also marks a considerable investment.
Bangalore: A Silicon Hub with Rapid Construction Activities
As a prominent tech hub, Bangalore has seen a surge in construction activities over the past few years. Before starting the construction process, it's crucial to determine the purpose of the building, whether residential or commercial. The cost, materials, design, and project size vary significantly between these two types of buildings. Residential buildings are designed for private living spaces, while commercial buildings are intended for public use, which requires different structural and spatial considerations.
Cost Breakdown: Residential vs. Commercial
The construction cost for residential buildings typically ranges from ?1800 to ?2300 per square foot, excluding interior finishes. For commercial buildings, the cost can be as high as ?2500 per square foot or more. This range increases based on the area of the construction site. It's important to consider the impact of the ongoing COVID-19 pandemic on the cost of raw materials such as cement, sand, and other construction supplies.
DIY vs. Professional Construction: Which Option to Choose?
You have the option to either handle the construction process yourself, either by appointing an architect firm for detailed drawing and construction, or by entrusting your entire project to them. Both options come with their own advantages and disadvantages. A self-handled project can save you approximately 20 to 25 percent of the overall cost, making it a cost-effective choice. However, it requires a significant amount of time and effort to manage, ensuring that everything is done to a high standard.
On the other hand, hiring a professional construction company guarantees the quality of the work, especially if the potential cost is more than ?40 lakhs. This option ensures that the project is completed on schedule and within budget, freeing you to focus on other responsibilities or enjoy your new home.
Conclusion
Building a house in Bangalore in 2021 is a significant investment that requires careful planning and consideration of various factors. Understanding the different cost ranges and being aware of the impact of high-end materials and specific design requirements can help you make an informed decision. Whether you choose to take on the project yourself or hire professionals, the key is to ensure that you plan ahead and allocate the necessary resources to achieve your vision.