| Area of Construction | 890 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1846750 Rs. |
| Construction Cost in Lacs | ₹ 18.4675 Lacs |
| Cost / Sq.ft | ₹ 2075 |
| TYPE | Avg. Quality | Good Quality | Best Quality |
|---|---|---|---|
| Area of Construction | 890 Sq. ft. | 890 Sq. ft. | 890 Sq. ft. |
| Construction Estimate | ₹ 1584200 Rs. | ₹ 1735500 Rs. | ₹ 2002500 Rs. |
| Construction Cost in Lacs | ₹ 15.842 Lacs | ₹ 17.355 Lacs | ₹ 20.025 Lacs |
| Cost / Sq.ft | ₹ 1780 | ₹ 1950 | ₹ 2250 |
| Area of Construction | 890 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1477400 Rs. |
| Construction Cost in Lacs | ₹ 14.774 Lacs |
| Cost / Sq.ft | ₹ 1660 (Excluding Labour) |
| Area of Construction | 890 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1424000 Rs. |
| Construction Cost in Lacs | ₹ 14.24 Lacs |
| Cost / Sq.ft | ₹ 1600 |
| Consideration | Construction Estimate / Cost is calculated based on the 890 Square feet of area , Construction Quality with using flooring and Ply Woodwork is |
|---|
Thiruvananthapuram, the capital city of Kerala, is one of the most significant urban centers in southern India. Known for its beautiful landscapes, rich cultural heritage, and booming tourism industry, the city is witnessing rapid urban development. This growth is also reflected in the real estate sector, where there is a rising demand for residential and commercial construction. With an increasing influx of professionals and businesses, the construction market in Thiruvananthapuram is evolving to meet the demands of a growing population and thriving economy. This blog provides an in-depth look at the construction costs in Thiruvananthapuram, focusing on factors such as per square foot rates, material costs, labor expenses, transportation, and local construction trends in the city.
The cost of construction in Thiruvananthapuram varies depending on the type of project, materials used, and the location of the property. Generally, construction costs in the city are lower than those in metropolitan areas like Bengaluru, Chennai, or Kochi, but they have been rising due to increased demand and inflation. The cost also varies based on the quality of finishes, land accessibility, and the type of property being constructed (residential, commercial, or mixed-use).
Below is an approximate breakdown of construction costs in Thiruvananthapuram, based on the type of construction:
Prime locations like Kowdiar, Pulimood, and MG Road have higher construction costs due to their proximity to the city center and commercial hubs. In contrast, suburban areas like Sreekariyam, Poojappura, and Parassala offer more affordable construction options, making them ideal for budget-conscious developers.
The cost of construction materials in Thiruvananthapuram is influenced by factors like regional availability, transportation costs, and local demand. Basic materials such as cement, steel, sand, and aggregates are available locally or from neighboring states, such as Tamil Nadu and Karnataka, at competitive prices. However, premium materials like granite, marble, and tiles are often imported from other regions, leading to higher costs.
Here’s a breakdown of typical construction material costs in Thiruvananthapuram:
The prices of materials fluctuate based on factors like seasonal demand, regional supply, and transportation costs. While basic materials are relatively inexpensive, the price of imported materials can drive up the overall cost of construction, especially for high-end or luxury projects.
Transportation is a significant factor in determining construction costs in Thiruvananthapuram. Basic construction materials like cement, sand, and aggregates are sourced from local suppliers or from nearby regions, resulting in relatively low transportation expenses. However, when it comes to specialized materials such as granite, marble, and high-quality tiles, transportation costs can increase due to long-distance delivery and logistics challenges.
While Thiruvananthapuram is well-connected via roadways and railways, coastal areas and difficult terrains can add to transportation costs. Additionally, the availability of a strong port infrastructure in the city helps in bringing in bulk materials at competitive rates. Developers should plan logistics in advance to manage transportation costs effectively.
Labor costs in Thiruvananthapuram are relatively affordable compared to major metropolitan cities like Mumbai or Bengaluru. The availability of skilled labor is good, with workers coming from neighboring states such as Tamil Nadu, Karnataka, and even other parts of Kerala. However, skilled laborers like electricians, plumbers, and masons may demand slightly higher wages due to the demand for their expertise in specialized construction projects.
Labor wages may vary depending on the type of construction project and the level of expertise required. Builders can save costs by hiring semi-skilled and unskilled labor for tasks like foundation work and basic construction, but it is important to ensure that skilled workers are employed for critical tasks such as electrical, plumbing, and finishing work.
The construction industry in Thiruvananthapuram has experienced a steady rise in costs in recent years due to factors such as inflation, rising material prices, and a growing demand for high-quality real estate. The price of basic construction materials such as cement, steel, and aggregates has increased, as well as labor costs due to a shortage of skilled workers in some areas. Additionally, the growing demand for luxury housing in central locations such as Kowdiar and MG Road has pushed up construction costs in prime areas.
Developers in Thiruvananthapuram should anticipate these rising costs and adjust their budgets accordingly. Additionally, considering future cost trends and inflation is essential for accurate project forecasting.
Construction costs in Thiruvananthapuram vary significantly depending on the locality. Prime areas near the city center or along major roads tend to have higher costs due to land prices and demand for residential and commercial spaces. Suburban and peripheral areas offer more affordable construction options, making them attractive for budget-conscious developers.
Builders should evaluate the local real estate market and land prices before selecting the right location for their projects. Prime areas offer high rental yields and property values but come with higher construction costs, while suburban areas provide cost-effective alternatives.
In conclusion, Thiruvananthapuram offers a dynamic construction landscape, with a mix of affordable and premium construction options. Understanding the factors that influence construction costs, including material prices, labor rates, transportation expenses, and location-based variations, is crucial for developers to make informed decisions. By considering these factors, builders can plan and execute their construction projects effectively, ensuring high-quality outcomes while managing costs within budget.
Find the building Construction Cost for your land based on the country, 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.