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What is the cost of construction per square foot in Lucknow in the present day?

What is the cost of construction per square foot in Lucknow in the present day?

 

Nowadays, constructing a home is a dream of every person for their families globally, but construction costs are too high due to the high inflation. First of all, when someone plans to buy plots or lands, they should consider that many types of taxes are collected by the government while buying the properties. In this case, most people opt to buy ready-made or ready-to-move flats due to the government's tax levy system or the high cost of construction. A high tax and high prices are a great fear that haunts every middle-class family. Due to the increasing inflation day by day, middle-class families are unable to construct their desirable homes.

 

The construction cost of your dream home has risen to 1% in the near past; This report is published by The Times of India. Here, the central government also applied a tax equivalent to 1% cost on all kinds of construction works where labourers are involved. Lucknow Development Authority (LDA) and UP Housing And Development Board (UPHDB) have started imposing the labourer's cess on their allottees. At the same time, the UPHDB has made it mandatory to deposit the cess amount at the labour welfare board office for its allottees and submit the receipt along with the map application.

 

The Guidelines Must Read For constructing a house 

The most common factor while constructing the house is the labour contract method. The plans are approved after the factor; required materials are purchased and supplied by the owner to a labour contractor for construction.

  • The contractor would be responsible for supplying Labour and getting the work done for smooth construction. The house owner should purchase building materials in bulk directly from the source or wholesale dealers to affect the purchase economy. 
  • ​The labour contractor should quote his rate per square foot or square meter basis. Currently, the rate approx Rs 375 to Rs 425 per square foot is going on around Lucknow. It also depends upon the area where the plot is located and the quality of work involved. We see many differences in the lower rates in areas where cheap Labour is available and near workers' residences. 
  • The contractors are majorly good mistri with good experience of the job. Some of these mistris are semi-educated and can do the job properly. When he assigns the work, enquiries regarding their earlier jobs should be made and the quality of work assessed.

 

Rates Of Extra Items

Many contractors may not agree to some of the items mentioned above as included in the rate per square foot. The rate which will be chargeable should be negotiated and decided in advance to prevent disputes later on in that case. 

The mistri or contractor will provide all tools, scaffolding shuttering and Labour and execute work within a time limit fixed in advance. 

The owner will pay for the bar binder, rental charges for the concrete mixer, vibrators etc. and provide a hand pump or water connection to execute work. 

 

Estimate construction cost per square feet in Lucknow

Generally, when we talk about Lucknow’s real estate; the estimated construction cost in Lucknow of a house starts approximately from 1825/- to 1975/- Rs per square foot. If you plan with all standards/ good interior fittings and fixtures, these costs are averaged for G+2 (Luxury home) and G+3(Independent house). But most people desire trendy things like gold plated switch sockets, IT-enabled, digital interactive mood lighting based houses with luxury bathtubs, steam, sauna, gym, landscaped terraces, dance floor, pool. Hence the cost of construction may sometimes go up higher because of the abundance in range. In contrast, construction cost depends on 3 important aspects.

 

  1. Location
  2. Material Specification 
  3. Structural Specification

 

4. Estimate construction cost in Lucknow is calculated considering the following points 

  • Main gate material: Wooden, Iron, Stainless Steel or Mild Steel.
  • Brick: 1st Class-A, 1st Class-B
  • Modular Kitchen or General kitchen
  • False ceiling is to be done or not
  • Tile, Granite, Marble (Range we will use for flooring) price can be different
  • Waterproofing compound & method
  • Anti-Termite treatment
  • Paint ( As per choices) 
  • Specification of wire 
  • Plumbing

 

Estimate construction cost in Lucknow using Builder (Material + Laboured Outsourced)

Area of construction

770 Square feet

Construction Estimate

1405250 Rs 

Construction cost per square feet

1825 Rs

 

 

Residential Construction Cost in Lucknow per square feet

Lucknow Development Authority (LDA) framed structure for a house including all brick wall, cement, and plaster can be achieved in approximately 1800 to 2000 Rs Per square feet, including all labour and material cost. Then the finishing another could be Rs approx 1800 - 2000 per square feet. When you plan to build a dream house, you opt only for the best liveable things in the house, including all doors, windows, flooring, painting, electrical work, sanitary fittings or toilet, etc.

 

TYPE

AVG. QUALITY

GOOD QUALITY

BEST QUALITY

Area of construction

770 Square feet 

770 Square feet

770 Square feet

Construction Estimate

1251250 Rs

1436050 Rs

1597750 Rs

Construction cost per square feet

1625 Rs

1865 Rs

2075 Rs

 

Construction cost in Lucknow (Material arranged by you, only Labour sourced)

Sometimes we don’t want to hand over the responsibility to construct a home to any builder due to any internal reasons. Sometimes we feel that the builder demands more money beyond expenses because they want only to book profit while constructing a house. Most builders or real estate contractors demand or fix the rate of construction by using measurements like “foot or feet”. When we don’t hire a Builder or real estate contractor, the expense is the least priority.

 

Area of construction

770 Square feet

Construction Estimate

1116500 Rs 

Construction cost per square feet

1450 Rs (Excluding Labour Charge)

 

Commercial Building Construction Cost in Lucknow per square feet (Material + Laboured Outsourced)

Area of construction

770 Square feet

Construction Estimate

1058750 Rs 

Construction cost per square feet

1375 Rs

Note:-

Consideration

Estimate construction cost is calculated based on the 770 Square feet of area and construction quality with using flooring and ply woodwork.

 

Many changes have taken place in Lucknow real estate due to the pandemic (Covid-19).

 

It is incorrect to say that only the Lucknow real estate market has been affected due to the pandemic. We saw in the initial days when the covid strain attacked, and the world has drastically broken down. The Indian government took many beneficial actions for homebuyers after boosting the pandemic situation, and the Reserve bank of India (RBI) also played a vital role. They gave some relief in terms of paying the EMI, who bought a home for their family. Due to the pandemic, inflation is expected to increase nowadays because the business relationship has been broken with our neighbouring country. Import & export had stopped due to the Covid, but now the situation is gradually fixing at their places. We still see the effect of Lockdown. The prices of many things have already changed. 

Similarly, in the real estate market; the price of material cost along with the cost of construction has changed.  We mentioned a table below where the approximate price is given.

Bricks

Quantity

Minimum

Average

Maximum

Clay Bricks

Per piece

8 Rs

10 Rs

12  Rs

Cement Blocks

Per piece

7.50 Rs

10 Rs

14.50  Rs

AAC Blocks

Cubic feet

2750 Rs

2950 Rs

3400  Rs

Gravel

1 Unit

1750 Rs

2500 Rs

3000 Rs

 

Cement & Sand Rate in Lucknow

Cement & sand

Quantity

Minimum

Average

Maximum

Cement

Per Bags

442 Rs

486.2 Rs

530.4 Rs

River Sand

Cubic feet

40 Rs

43 Rs

60 Rs

 

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