Approx. cost to build per sq ft. The Construction Cost Calculator takes built-up area (sq ft), construction rate per sq ft, number of floors, finishing, electrical and plumbing above the base rate and returns estimated construction cost plus base structure cost, all-in cost per sq ft, total built-up area. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Property returns depend on assumptions about rent, occupancy, costs and appreciation that are easy to make optimistic. Enter conservative figures and remember that transaction costs, taxes and vacancy periods are real. Use the worked example below to check the maths against your own figures.
How the Construction Cost Calculator works
Indian construction costs run roughly ₹1,600–2,500 per sq ft for standard finishes and ₹3,000+ for premium, varying by city and materials. Get local quotes for the rate and treat the result as a budget, not a contract price.
Worked example
With the example values (built-up area (sq ft) of 1500, construction rate per sq ft of ₹2,200, number of floors of 1, finishing, electrical and plumbing above the base rate of 10%), the estimated construction cost is ₹3,630,000.00; base structure cost ₹3,300,000.00, all-in cost per sq ft ₹2,420.00, total built-up area 1,500. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
Assumptions and limits: Excludes land, approvals, boundary walls, landscaping and interiors unless included in the rate.
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Frequently Asked Questions
How is estimated construction cost calculated?
cost = area × rate per sq ft × floors × (1 + extras).
Which figures do I need?
Built-up area (sq ft), construction rate per sq ft, number of floors, finishing, electrical and plumbing above the base rate. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Which costs are easy to forget?
Vacancy periods, maintenance, property tax, insurance, brokerage on purchase and sale, and stamp duty. Include them for a realistic return.
What assumptions does this calculator make?
Excludes land, approvals, boundary walls, landscaping and interiors unless included in the rate.
