| Area of Construction | 690 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1431750 Rs. |
| Construction Cost in Lacs | ₹ 14.3175 Lacs |
| Cost / Sq.ft | ₹ 2075 |
| TYPE | Avg. Quality | Good Quality | Best Quality |
|---|---|---|---|
| Area of Construction | 690 Sq. ft. | 690 Sq. ft. | 690 Sq. ft. |
| Construction Estimate | ₹ 1228200 Rs. | ₹ 1345500 Rs. | ₹ 1552500 Rs. |
| Construction Cost in Lacs | ₹ 12.282 Lacs | ₹ 13.455 Lacs | ₹ 15.525 Lacs |
| Cost / Sq.ft | ₹ 1780 | ₹ 1950 | ₹ 2250 |
| Area of Construction | 690 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1145400 Rs. |
| Construction Cost in Lacs | ₹ 11.454 Lacs |
| Cost / Sq.ft | ₹ 1660 (Excluding Labour) |
| Area of Construction | 690 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1104000 Rs. |
| Construction Cost in Lacs | ₹ 11.04 Lacs |
| Cost / Sq.ft | ₹ 1600 |
| Consideration | Construction Estimate / Cost is calculated based on the 690 Square feet of area , Construction Quality with using flooring and Ply Woodwork is 200 |
|---|
*The 690 sq ft area is for illustration purposes only. You can change based on your requirement.
Bhubaneswar, the capital of Odisha, is one of the fastest-growing cities in eastern India. Known for its rich cultural heritage, ancient temples, and vibrant educational and commercial hubs, Bhubaneswar is witnessing rapid urbanization and infrastructure development. With a rising demand for residential, commercial, and industrial properties, understanding construction costs in Bhubaneswar is essential for developers, homebuyers, and investors alike. In this blog, we will explore the key factors influencing construction costs in Bhubaneswar, including per square foot rates, material costs, labor wages, transportation expenses, and other considerations specific to the city.
The construction cost in Bhubaneswar can vary widely depending on the type of project, the materials used, and the location within the city. Like most cities, the cost of construction is influenced by factors such as land prices, local demand, and the type of development—whether it is a basic residential project or a luxury commercial space.
Here is an approximate breakdown of the per square foot construction costs in Bhubaneswar:
Prime locations like Kharavela Nagar, Jaydev Vihar, and Saheed Nagar are typically more expensive, while suburban and peripheral areas such as Chandrasekharpur, Niladri Vihar, and Patia offer more affordable construction costs. The difference in pricing between these areas is mainly due to land prices and demand for residential and commercial spaces in prime locations.
The cost of construction materials is a major factor that influences the overall construction cost in Bhubaneswar. The prices of essential materials such as cement, steel, sand, aggregates, and bricks depend on regional supply and demand. Bhubaneswar benefits from proximity to major industrial regions, making it relatively easier to source materials like cement, steel, and aggregates locally. However, specialized materials like granite, marble, and premium tiles may be sourced from other regions, which can lead to higher costs.
Here is an approximate breakdown of material costs in Bhubaneswar:
Basic materials like cement, steel, and sand are locally available at reasonable prices, but premium materials such as granite, marble, and tiles will have higher costs due to transportation from other states or countries. For large-scale projects, bulk purchasing from local suppliers may help reduce material costs.
Transportation is another key component of construction costs in Bhubaneswar. While the city is well-connected by road and rail, the cost of transporting materials, especially bulk items like sand, cement, and aggregates, can still be significant. The geographical location of Bhubaneswar means that some materials, particularly specialized ones like granite and marble, need to be transported from distant locations, which adds to the overall cost of construction.
Transporting construction materials within the city is relatively affordable, especially for common materials such as cement and aggregates. However, the cost increases for specialty materials or materials sourced from outside Odisha. For example, transporting granite from Bangalore or marble from Rajasthan will incur higher logistical costs.
Labor costs in Bhubaneswar are generally more affordable than in major metropolitan cities like Mumbai or Delhi. However, as the demand for skilled labor increases with the growing construction industry, wages for skilled workers like masons, electricians, and plumbers have risen in recent years. Labor costs depend on the type of work, with skilled labor being more expensive than semi-skilled or unskilled labor.
Labor availability in Bhubaneswar is relatively high, but specialized skills such as plumbing and electrical work may require workers to come from other regions. Seasonal variations in labor demand can also impact wages, so it is important for builders to plan labor resources ahead of time to avoid cost escalations.
Construction costs in Bhubaneswar have been steadily rising in recent years due to inflation, increased demand for real estate, and a rise in the prices of essential materials. The growth of the IT sector, educational institutions, and industrial hubs in and around Bhubaneswar has contributed to an increased demand for both residential and commercial properties. With higher demand, both land prices and construction costs have gone up.
While the rise in construction costs is a challenge, developers and builders can manage these increases by sourcing materials wisely, considering local suppliers, and managing labor resources efficiently. Careful planning and budgeting are essential for minimizing the impact of rising costs on construction projects.
The cost of construction can vary significantly depending on the location within Bhubaneswar. Prime locations with high demand for commercial and residential spaces tend to have higher construction costs, while areas on the periphery of the city offer more affordable construction options. The difference in construction costs between these areas is mainly attributed to land prices and the demand for real estate.
Choosing the right location is a key factor in managing construction costs and ensuring the financial success of a project. Developers can balance higher land costs in prime areas with the potential for higher returns on investment, while peripheral areas offer more affordable alternatives for budget-conscious projects.
Bhubaneswar’s construction industry is evolving rapidly as the city continues to grow in size and importance. With rising demand for both residential and commercial spaces, understanding the various components that contribute to construction costs—such as material prices, labor wages, transportation costs, and location—is essential for developers, builders, and investors. By carefully considering these factors, you can ensure that your construction project in Bhubaneswar is completed efficiently, within budget, and in line with the city’s growing infrastructure needs.
Find the building Construction Cost for your land based on the State, city and locality. The Construction's material cost is tend to change between area to area, For example construction cost in village is not equal to the construction cost in City. It also varies based on the labour, material availability near by, sand availability and raw materials availability, etc.
The major construction material used in construction of house or building's are Brick & hollow brick, Cement, Steel rod, Jalli , hard stone small, hard stone big, River Sand,
Manufactured Sand, Crushed stone powder, different types of wood, Tiles or granite, House Wiring and Switches, plumbing , water tank fixing , etc. So while starting the
house construction, we must know the price / rates of construction materials regularly.