How Much Does It Cost To Build An Apartment Complex In India

We have created 3 Standard House Construction Packages Link city wise that helps you understand the detailed specifications and the pricing in that city.

How much does it cost to build an apartment complex in india. Wow 30 lakhs is what you were looking for and is very well in your budget. Understand how the cost of building your dream house differs based on your requirement. 173 m 568 ft Technical details.

The national average cost to build an apartment building is between 45 and 50 million with most people paying around 105 million for a 5-story mid-rise apartment building with a. By our calculations weve increased the value of this apartment complex by over 100 as we currently value this property at 600000 and it only cost about 130000 in renovations to get there. Unexpected apartment building operating and renovation expenses As a new apartment building owner you will incur unexpected expenses.

In 2014 buildings with 20 or more units took 149 months to complete from the time of obtaining permits whereas properties with 10 to 19 units typically finished in 136 months and 5 to 9 unit buildings came in at 115 months. The above figures place this construction at an 85 and 200 per square foot cost. You see an advertisement in newspaper about an apartment that the developer is selling at INR 2500 per square feet with total advertised area 1200 square feet.

Find the building Construction Cost for your land based on the country State city and locality. Is Owning Apartments Profitable. This property now generates over 2000 in cash flow for us after covering all our expenses.

Even Try out Area calculator EMI calculator Stamp Duty Calculator to get a realistic estimate of your actual costs in constructing your dream home. Then go to a architect also meet structural engineer. County City and Town halls.

Land prices have rocketed and made the purchase of a site and construction of a house almost impossible. However the national average stands at 125 for most contractors. The following analysis estimates the cost to build an apartment 1-3 story using US National Average costs from 2013 RSMeans cost data.