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Table Of Content
Gurgaon is one of the fastest-growing cities in Northern India. Its popularity is increasing as a real estate haven due to its numerous business and technology hubs. It attracts young people from different parts of India to the city.
With the growing population, the demand for new homes is extremely high. This also leads to a rise in land and construction prices.
Building a house in Gurgaon can feel overwhelming, mainly due to costs varying based on location, materials, and project type. Therefore, knowing the construction cost in Gurgaon is essential for building your dream house in the city.
The house construction cost in Gurgaon usually starts from ₹1,800 or ₹2,600 per square foot (sq. ft.), depending on varying factors. Refer to the table below to understand where you need to spend more money:
House-making costs in Gurgaon vividly depend on several factors, including the following:
Location
Land prices in high-demand areas are typically higher, which drives up construction costs in those areas and vice versa.
Labour Cost
Skilled workers, such as carpenters, masons, and electricians, make up a large portion of the construction budget. Labour prices can increase depending on demand and skill level, which raises overall expenses.
Design
Simple designs are less expensive as they require fewer materials and less labour. In contrast, complex designs need more time, specialised skills, and costlier materials, increasing the total cost.
Material
Materials like cement, wood, steel, and brick can account for a significant portion of construction costs. The choice of premium materials or fluctuations in their prices can lead to significant cost increases.
Size of the Plot
Larger plots or floor areas require more materials, labour, and time. This results in higher building expenses.
The cost of building a house in Gurgaon is influenced by several components, each contributing to the total expense. Below is a detailed breakdown of their percentage share in the overall cost:
| Component | Percentage of Total Cost |
|---|---|
Architectural Design Charges |
3-15% |
Structural Design |
0.5-5% |
Contractor Charges |
20% |
Labour charges |
40-50% |
Material Cost |
50-60% |
Service Cost |
18% |
Disclaimer: These cost estimates are approximate and for informational purposes only. Actual amounts and percentages may differ based on various factors.
You can estimate the total cost of building a 1,000 sq. ft. house in Gurgaon by considering the following factors. With the lowest range at ₹1,810 per sq. ft. and the highest at ₹3,000 per sq. ft., the cost breakdown will be as follows:
| Component | Cost for ₹1,810/sq. ft. | Cost for ₹3,000/sq. ft. |
|---|---|---|
Architectural Design Charges |
₹20,000 |
₹1,00,000 |
Structural Design |
₹10,000 |
₹25,000 |
Contractor Charges |
₹1,80,000 |
₹3,00,000 |
Labour charges |
₹5,70,000 |
₹9,10,000 |
Material Cost |
₹8,50,000 |
₹13,65,000 |
Service and other miscellaneous Cost |
₹1,80,000 |
₹3,00,000 |
Here is a breakdown of the average construction costs for different house sizes. The estimates are based on low, mid, and high-range prices of ₹1,810, ₹2,250, and ₹3,000 per sq. ft., respectively:
| Size of the House | Low-Range | Mid-Range | High-Range |
|---|---|---|---|
500 sq. ft. |
₹9,05,000 |
₹11,25,000 |
₹15,00,000 |
1000 sq. ft. |
₹18,10,000 |
₹22,50,000 |
₹30,00,000 |
2000 sq. ft. |
₹36,20,000 |
₹45,00,000 |
₹60,00,000 |
Building a house requires significant commitment and careful planning. The cost typically starts from ₹1,800. Smart planning can help reduce the price. You can hire a constructor who will provide an estimated cost based on the size and other factors.
If you are planning to get a house constructed in Gurgaon, explore home loan options from various lenders on Bajaj Markets to get financing easily. It is essential to consider the various expenses involved to maintain a realistic budget. By selecting materials and designs thoughtfully, you can optimise your costs and achieve the home of your dreams within your financial limits.
Aakash is a seasoned marketing and finance professional with over five years of experience. With a unique blend of financial expertise and creative flair, he excels in crafting succinct, user-friendly content that empowers readers to make well-informed choices. Specialising in articles, blogs, and website pages for loan products, Aakash is dedicated to simplifying complex concepts and delivering valuable insights that resonate with diverse audiences.
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