| Area of Construction | 870 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1805250 Rs. |
| Construction Cost in Lacs | ₹ 18.0525 Lacs |
| Cost / Sq.ft | ₹ 2075 |
| TYPE | Avg. Quality | Good Quality | Best Quality |
|---|---|---|---|
| Area of Construction | 870 Sq. ft. | 870 Sq. ft. | 870 Sq. ft. |
| Construction Estimate | ₹ 1548600 Rs. | ₹ 1696500 Rs. | ₹ 1957500 Rs. |
| Construction Cost in Lacs | ₹ 15.486 Lacs | ₹ 16.965 Lacs | ₹ 19.575 Lacs |
| Cost / Sq.ft | ₹ 1780 | ₹ 1950 | ₹ 2250 |
| Area of Construction | 870 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1444200 Rs. |
| Construction Cost in Lacs | ₹ 14.442 Lacs |
| Cost / Sq.ft | ₹ 1660 (Excluding Labour) |
| Area of Construction | 870 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1392000 Rs. |
| Construction Cost in Lacs | ₹ 13.92 Lacs |
| Cost / Sq.ft | ₹ 1600 |
| Consideration | Construction Estimate / Cost is calculated based on the 870 Square feet of area , Construction Quality with using flooring and Ply Woodwork is 200 |
|---|
*The 870 sq ft area is for illustration purposes only. You can change based on your requirement.
Mumbai, the financial capital of India, is a bustling metropolis with a booming construction sector. Known for its high population density, commercial importance, and coastal location, Mumbai has long been a hub for both residential and commercial real estate development. However, construction in Mumbai comes at a premium due to limited land availability, high demand for residential and office spaces, and the city’s position as one of the most expensive real estate markets in the country. In this guide, we’ll explore the various factors affecting construction costs in Mumbai, including per square feet rates, material costs, labor costs, transportation expenses, and regional variations across different localities.
The per square feet construction cost in Mumbai is significantly higher compared to other cities in India. This is mainly due to the high demand for residential and commercial properties in prime locations, such as South Mumbai, Bandra, and Worli. On the other hand, areas on the outskirts of the city, such as Navi Mumbai, Mulund, and Thane, offer relatively lower construction costs, though they are still higher than many other cities in India.
On average, here’s what you can expect for construction costs in Mumbai:
The cost of construction escalates in prime areas such as Colaba, Marine Drive, and Bandra, where land prices are at their peak. These areas often see luxury residential buildings and office complexes, which require premium finishes and higher-quality materials, thereby driving up the construction costs.
Material costs in Mumbai are influenced by demand, supply, and transportation factors. Cement, steel, and sand are the primary materials used in construction, and their prices fluctuate depending on factors like the region, availability, and market conditions. Premium materials, such as marble, imported granite, and luxury flooring, further add to the construction cost in high-end projects.
Below is a breakdown of typical material costs in Mumbai:
In Mumbai, premium finishes and imported materials such as high-quality marble, granite, and custom flooring can significantly increase the cost of construction. Additionally, the availability of local materials like sand and cement can be inconsistent, further adding to the overall costs.
Transportation costs for construction materials in Mumbai can be substantial, especially if the materials are sourced from other states or distant regions. The cost of delivery depends on the distance between the supplier and the construction site, as well as the infrastructure and traffic conditions in Mumbai.
Given the heavy traffic in Mumbai and the high demand for construction materials, transportation costs can be a significant portion of the overall project budget. Additionally, materials sourced from outside Mumbai, like granite or marble, will carry higher transportation charges.
Labor costs in Mumbai are among the highest in India due to the city’s high living costs and the skilled workforce required for both residential and commercial construction projects. Skilled labor such as masons, carpenters, electricians, and plumbers tend to charge higher wages, while semi-skilled and unskilled laborers can be hired at more affordable rates.
Skilled labor in areas like South Mumbai and Bandra tends to cost more due to the high demand and the availability of a specialized workforce. However, suburban areas like Andheri, Thane, and Navi Mumbai may offer comparatively lower labor rates, making them an attractive option for cost-conscious developers.
The construction costs in Mumbai have been rising steadily due to a combination of factors, including:
Due to these factors, construction costs in Mumbai have increased by approximately 10–15% over the past few years, making it essential for builders and homeowners to account for rising expenses when planning construction projects.
Construction costs in Mumbai can vary widely depending on the locality. Prime areas in South Mumbai and Bandra have the highest construction costs, while peripheral areas like Navi Mumbai, Mulund, and Thane offer more affordable options. Below is a breakdown of expected construction costs in various parts of Mumbai:
The closer the construction site is to the city center or a prime business district, the higher the construction cost tends to be. However, peripheral areas like Thane and Navi Mumbai have seen a boom in residential developments due to more affordable construction rates.
Construction in Mumbai remains a costly affair due to its high land prices, labor costs, and demand for premium materials. However, with strategic planning, developers and homeowners can still manage to build quality projects while keeping costs under control. By choosing the right materials, sourcing locally where possible, and selecting affordable labor, it is possible to manage construction expenses even in Mumbai’s expensive real estate market. Understanding the cost variations across different localities can also help you make an informed decision when selecting a site for construction.
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.