Why everyone wants to make Bangalore their Home. . . .!
Bangalore, widely renowned as the silicon valley of India, is one of the fastest going cities in the country. Situated in the centre of Karnataka, the city is the IT hub of India and has contributed a lot to its progress in the IT sector. In addition to the colorful lifestyle and the pleasant weather, the cosmopolitan nature of the city has made it highly demanding in today’s world.
The city is considered to house many jobs in the IT industry, which has attracted qualified youth from different parts of the country. All the major players in the market are either looking to set up a new business or expand an already existing one in the market.
It is one of the most beautiful, clean, and well-planned cities in the country. If you plan to start your residential house construction in Bangalore, you need to know the actual cost of construction in Bangalore, which hovers around Rs 1300 per sqft at Bangalore.
DEMAND FOR RESIDENTIAL SPACE
All the above factors have led to the immigration of people from different parts of the globe, which has increased the demand for residential and commercial buildings. If you are already a city resident and have an extra room or apartment to rent, you have a great opportunity to earn some real cash.
Buildings and complexes at prime locations in the city are tough to find and come at a good cost. Though the real estate market has seen a drop in prices after the city was hit by recession in recent years, it enjoys value for properties and buildings in the city. If you are looking to construct a new house in the city, you must gather good information regarding house construction cost in Bangalore.
How to prepare your Self for Construction work
You must be extremely careful and follow certain important steps before preparing the expenditure chart. You should then visit the construction site repeatedly along with your family members and consider all the important elements of the house like kitchen, bathroom, living room, drawing room, bedroom, etc., carefully. It must also be given equal importance to achieve healthier living.
Since all your family members will reside in the building, you must look after their wishes before finalizing the deal. The current construction cost varies from 1300 onwards, which excludes the architects fee.
Know about Construction Materials
If you are looking for a middle-class finish comprising of aluminium or sal or upvc windows and granite or vitrified tiles, you can achieve it easily on a budget of one to two lakhs per hundred square feet. On the other hand, if you are interested in providing an elegant and high-class finish consisting of teak wood and Italian marble, be ready to spend two to three lakhs per square.
Approvals required from respective Authorities
While preparing the budget, you need to keep ten percent of it for decorating the house’s interiors, sanctioning the plan from BBMP/BMRDA/BDA, and meeting BWSSB and KPTCL charges. Charges involving the hiring of architects, contractors, engineers, electricians, and plumbers must also be included in the budget. All the costs must be planned properly, and some additional expenses must always be considered while constructing a house in Bangalore.