I agree with this, good quality kothi construction in Delhi comes to 2000Rs psf.
But builders typically have advantage of scale and cost is maybe 600psf for basic crappy flat, 900 psf for reasonable flat of reasonable quality and 1500psf for the most luxurious flat imaginable, no matter what fixtures (unless plated
)
One cannot transfer Kothi construction cost psf into flat cost psf.
But I uderstand your thinking - I also think the same - if I try to make my own house, I anyway also spend the same as what flat companies do, so why bother - pay them and forget about it for 3 years instead of breaking my head
Quote:
Originally Posted by siddeewan
One of my friend who has purchased the land is buidling bunglow on the same. Based on his calculation he used decent material for construction like cement, rods, window grills, wood etc....approximate cost per square feet came around Rs. 1800.
Adding up the land price (as he pruchased long back) final price came to Rs. 2000 psf. Based on this logic if we want to buy flat with good quality builder considering the moderate land price adding up builder profit(say 20%...i may be too rational..!!!!) price around 2600psf makes sense to me and more than that is builder(mafia) profit. Any takers of this calcuation?
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13-03-10
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