| Area of Construction | 840 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1743000 Rs. |
| Construction Cost in Lacs | ₹ 17.43 Lacs |
| Cost / Sq.ft | ₹ 2075 |
| TYPE | Avg. Quality | Good Quality | Best Quality |
|---|---|---|---|
| Area of Construction | 840 Sq. ft. | 840 Sq. ft. | 840 Sq. ft. |
| Construction Estimate | ₹ 1495200 Rs. | ₹ 1638000 Rs. | ₹ 1890000 Rs. |
| Construction Cost in Lacs | ₹ 14.952 Lacs | ₹ 16.38 Lacs | ₹ 18.9 Lacs |
| Cost / Sq.ft | ₹ 1780 | ₹ 1950 | ₹ 2250 |
| Area of Construction | 840 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1394400 Rs. |
| Construction Cost in Lacs | ₹ 13.944 Lacs |
| Cost / Sq.ft | ₹ 1660 (Excluding Labour) |
| Area of Construction | 840 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1344000 Rs. |
| Construction Cost in Lacs | ₹ 13.44 Lacs |
| Cost / Sq.ft | ₹ 1600 |
| Consideration | Construction Estimate / Cost is calculated based on the 840 Square feet of area , Construction Quality with using flooring and Ply Woodwork is 200 |
|---|
*The 840 sq ft area is for illustration purposes only. You can change based on your requirement.
Noida, a well-established city in Uttar Pradesh, has become one of the most prominent urban hubs in the National Capital Region (NCR). Known for its rapid infrastructural growth, commercial developments, and high standard of living, Noida attracts a significant number of builders, developers, and homebuyers. As the demand for both residential and commercial properties continues to increase, understanding the construction cost dynamics in Noida is essential for anyone planning a construction project in the city. In this blog, we will explore the various factors that impact construction costs in Noida, including per square foot rates, material costs, labor charges, and the role of transportation in overall expenses.
The construction cost in Noida is significantly higher compared to other cities in Uttar Pradesh due to its strategic location in the NCR, proximity to Delhi, and rapid urbanization. Central areas like Sector 15, Sector 18, and Sector 62 are known for their premium real estate projects, which come with higher construction costs. Conversely, outlying areas such as Sector 137, Sector 150, and Noida Extension offer more affordable options for both residential and commercial construction.
Here is a general breakdown of per square foot construction costs in Noida:
The construction cost in Noida varies according to the type of project, materials used, and the location within the city. Central and prime locations such as Sector 15, Sector 18, and the commercial hubs along Noida-Greater Noida Expressway tend to have higher construction costs due to greater demand and the availability of premium infrastructure. Suburban areas like Noida Extension and Sector 150 offer more affordable construction options, particularly for large-scale residential developments.
Material costs in Noida are influenced by both local availability and the need to source premium materials for luxury projects. Basic materials like cement, steel, sand, and bricks are widely available and relatively affordable in Noida. However, as developers often use high-quality finishes and imported materials for upscale projects, material prices can vary significantly. Materials such as granite, marble, high-quality tiles, and steel may need to be sourced from other states or even abroad, increasing the overall cost of construction.
Here is an approximate breakdown of common material costs in Noida:
As a growing city, Noida offers a variety of material suppliers, which helps keep the prices competitive. However, prices for premium materials like marble and granite can fluctuate based on supply-demand dynamics and transportation costs.
Transportation costs play a key role in determining the overall construction expenses in Noida, especially when sourcing materials from other regions or states. Local materials like cement, sand, and bricks are relatively cheap to transport within the city. However, premium materials such as marble, granite, and high-quality tiles often need to be imported from other states, which adds to transportation costs.
Here’s an estimate of transportation costs in Noida:
To minimize transportation expenses, developers should consider procuring materials locally when possible. For premium materials, bulk purchases can help reduce transportation costs, especially for large projects that require high quantities of specialized materials.
Labor costs in Noida tend to be higher than in smaller towns or cities due to the urban nature of the region and the presence of highly skilled workers. The city has a robust labor force for construction, ranging from skilled masons and carpenters to electricians, plumbers, and painters. Labor charges in Noida fluctuate depending on the complexity of the project, the type of work required, and the level of expertise needed.
As Noida continues to expand, the demand for skilled labor has increased, which has led to a rise in wages for high-demand professions like electricians and plumbers. The cost of labor can vary depending on the availability and type of work required, so developers should consider these factors when estimating overall construction costs.
The construction sector in Noida has been facing rising costs in recent years, driven by factors such as inflation, demand for high-quality materials, and the city’s expanding infrastructure. Material costs have been steadily increasing due to global price fluctuations and local supply constraints, while labor wages have risen due to the high demand for skilled workers. Furthermore, the growth of Noida’s real estate market has contributed to an increase in land prices, particularly in prime locations near the Noida Expressway, Sector 15, and Sector 18.
To mitigate the impact of rising construction costs, it is advisable to plan construction projects well in advance, lock in labor rates early, and procure materials in bulk when possible. Developers can also consider using alternative building materials or adopting cost-effective construction techniques to reduce costs without compromising quality.
The construction cost in Noida varies greatly based on the location of the project. Premium areas such as Sector 15, Sector 18, and those near commercial hubs along the Noida-Greater Noida Expressway are more expensive, while peripheral areas like Noida Extension, Sector 137, and Sector 150 offer more affordable construction opportunities.
Choosing the right location can help developers optimize costs. While prime locations offer higher returns, suburban and peripheral areas provide cost-effective options for large-scale residential or commercial projects.
In conclusion, Noida’s real estate market is booming, with increasing construction demand driven by its strategic location in the NCR and the expanding presence of multinational companies. While construction costs in Noida are higher compared to smaller cities, developers and homeowners can manage expenses by selecting the right location, negotiating labor rates, and sourcing materials efficiently. By understanding the local market dynamics and planning construction projects carefully, it’s possible to keep costs in check while still achieving high-quality results.
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.