If you think purchasing land is a big hassle, then you must understand that constructing a house is more challenging. Because you need to determine labour, raw materials, & other required resources during the construction of a house.
So, without an estimation, you will not be able to know where your money is going & how to optimize the cost. To make this process easy for you, we have simplified the detailed cost analysis of the construction cost in Chennai.
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How To Calculate Construction Cost?
Builders usually calculate the cost considering 1 sq. ft. in your area. The house construction charges differ based on the place.
For urban areas, the cost of materials will be higher while for rural areas prices will be decent.
The formula to calculate the construction cost is –
Cost Of Construction = Area Of Plot x Construction Rate Per Sq. ft.
Note:
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Things That Affect In Construction Cost In Chennai
There are multiple factors that affect the construction cost in Chennai. And this makes it difficult to determine the exact cost of constructing a property. Some of the key factors involved are
Location
The construction cost in Chennai can majorly depend on the location of the building property. For example, building a house in a densely populated area will increase the construction cost because of factors like access & zoning regulations.
Size Of Building
If the size of the building is larger then the requirement of the materials, labour & time will also be more. And this increases the construction cost in Chennai.
Quality Of Material
The quality of material utilized during the construction in Chennai will influence the cost. For example, using higher-end materials such as granite or marble will also possibly increase the construction cost & adds value to the final product.
Labor Cost
Labour costs can majorly impact the construction cost in Chennai. Many renowned construction contractors consider the labor cost while calculating the total construction cost.
Estimated Construction Cost In Chennai
A basic 2-story house beginning from the ground of the property, the civil works considering foundation & superstructure will approximately cost Rs. 1700 per sq. ft in Chennai.
The cost of the next phase including flooring, woodwork & kitchen fixtures, will vary based on the preference of the owner. And the final phase includes works such as plumbing, electrical wiring & other finishing details.
So, for the 1000 sq. ft per story residential project with 2 floors, the total estimated cost of construction is around Rs. 2400 per sq. ft.
You can also check out the Construction Cost In Bangalore 2025 to know how much is the cost of construction in Bangalore compared to the Chennai.
Tips To Save Cost Of Construction In Chennai
Following are some of the cost-saving suggestions to construct a house within a budget.
Choose Right Plot
Selecting the right plot is one of the most significant aspects of building a house. For example, look for the land which is situated at road level.
If the plot is significantly lower or uneven than the road level then the construction cost will increase as you will need additional materials for leveling the land.
Decide The Budget In Advance
Creating a comprehensive & practically possible budget plan is a clever way to minimize the construction cost.
Your plan should have the allocated funds for essentials like labour, raw materials, & permits.
A well-planned & successive budget will help you to identify the requirements where you will able to cut costs & avoid overspending.
Opt For A Professional Contractor
An experienced contractor will provide valuable advice & handle the construction project effortlessly & efficiently.
Skilled architects are those who help you to maximize the utilization of available space, reduce the cost of materials, & reduce maintenance charges.
Contractors usually charge approximately 8 to 12% of the total construction cost of the house.
Examine Construction Progress
Keep track of construction progress because it helps you to detect any possible issues early on & prevent delays which can possibly make you spend additional expenses.
Adding to this, visiting the site regularly, gaining insights about progress through the contractor & maintaining the details of expenses will help you to stay within the planned budget.
Choose Energy-Efficient Features
Incorporate energy-efficient features into your house as it can help you to save money on utility bills in the future.
Installing solar panels, using energy-efficient appliances & opting for LED Lights are some of the ways you can reduce your energy costs.
Use New Technologies
One of the easy ways to reduce construction costs is by opting for advanced technology.
Pre-engineered buildings are galvanized iron steel structures made in factories & assembled on the site, currently gaining popularity in the construction of residential projects.
This is because of its fast construction time & lower cost. Over to this, PEBs are lighter which reduces the foundation cost & makes them cost-effective.
Avoid Last-Minute Changes
Always try to avoid making last-minute changes as it can significantly affect an increase in construction cost & impact the quality of the planned structure.
Instead of that reserve the critical changes for possible emergencies & make the minor revisions early duration of the construction process to reduce the impact on money, time, & supplies.
Make Purchase Wisely
Making clever purchases for materials like cement, blocks, bricks, doors, windows, bathroom fittings, tiles, pipes, etc is very much essential to reduce the construction cost in Chennai.
Sourcing the materials locally will help you reduce the transportation cost & buying materials in bulk will help in having discounts from the suppliers.
Constructing a high-quality house doesn’t require a high budget. Making just the necessary purchase decisions & following the mentioned tips will help you build a durable & comfortable house along with saving money.
FAQs
| How can I save construction cost in Chennai?
Deciding the budget in advance, opting for a professional contractor, avoiding last-minute changes, making purchases wisely, etc are some of the ways you can easily save construction cost in Chennai. |
| Which aspects majorly impact the construction cost in Chennai?
Location of the land, building size, quality of material, labor cost, etc are some of the aspects that majorly impact the construction cost in Chennai. |
| What is the formula to calculate construction cost?
The formula to calculate the construction cost is – Cost Of Construction = Area Of Plot x Construction Rate Per Sq. ft. |
| What energy-efficient features to incorporate while constructing a house?
Installing solar panels, utilizing energy-efficient appliances & choosing LED Lights are some of the ways you can reduce your energy costs. |
