| Area of Construction | 860 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1784500 Rs. |
| Construction Cost in Lacs | ₹ 17.845 Lacs |
| Cost / Sq.ft | ₹ 2075 |
| TYPE | Avg. Quality | Good Quality | Best Quality |
|---|---|---|---|
| Area of Construction | 860 Sq. ft. | 860 Sq. ft. | 860 Sq. ft. |
| Construction Estimate | ₹ 1530800 Rs. | ₹ 1677000 Rs. | ₹ 1935000 Rs. |
| Construction Cost in Lacs | ₹ 15.308 Lacs | ₹ 16.77 Lacs | ₹ 19.35 Lacs |
| Cost / Sq.ft | ₹ 1780 | ₹ 1950 | ₹ 2250 |
| Area of Construction | 860 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1427600 Rs. |
| Construction Cost in Lacs | ₹ 14.276 Lacs |
| Cost / Sq.ft | ₹ 1660 (Excluding Labour) |
| Area of Construction | 860 Sq. ft. |
|---|---|
| Construction Estimate | ₹ 1376000 Rs. |
| Construction Cost in Lacs | ₹ 13.76 Lacs |
| Cost / Sq.ft | ₹ 1600 |
| Consideration | Construction Estimate / Cost is calculated based on the 860 Square feet of area , Construction Quality with using flooring and Ply Woodwork is 200 |
|---|
*The 860 sq ft area is for illustration purposes only. You can change based on your requirement.
Visakhapatnam, also known as Vizag, is a bustling port city and the economic hub of Andhra Pradesh. Located on the eastern coast of India, Visakhapatnam is not only an important industrial city but also a growing center for residential, commercial, and infrastructure development. As the city experiences rapid urbanization, understanding the construction costs in Visakhapatnam becomes crucial for builders, developers, and homeowners. This blog provides an in-depth analysis of the various factors that influence construction costs in the city, such as per square foot rates, material costs, labor charges, transportation expenses, and regional variations.
The cost of construction in Visakhapatnam can vary significantly depending on the type of project, location, and the quality of materials used. Central areas of the city, including Beach Road, MVP Colony, and Dwaraka Nagar, tend to have higher construction costs due to their proximity to prime locations, business districts, and residential demand. On the other hand, areas on the outskirts or in suburban regions like Anakapalle, Bheemili, and Yelamanchili offer more affordable construction options, primarily due to lower land prices and fewer infrastructural developments.
Here’s an approximate breakdown of the per square foot construction costs in Visakhapatnam:
The cost of construction in Visakhapatnam is primarily influenced by the location of the project. The central business districts and areas along the beach, such as Beach Road and Dwaraka Nagar, have higher rates due to high demand, well-established infrastructure, and prime real estate value. In contrast, areas like Anakapalle or Bheemili offer more budget-friendly construction options, making them more attractive for mid-range residential or commercial projects.
Material costs are a significant component of construction expenses, and in Visakhapatnam, they can vary depending on the quality, availability, and sourcing of materials. Basic construction materials such as cement, steel, sand, and bricks are available locally, but premium materials like marble, granite, and imported tiles may need to be sourced from other regions, leading to higher prices due to transportation costs.
Here’s an overview of typical material costs in Visakhapatnam:
In Visakhapatnam, locally sourced materials like cement and steel are relatively affordable. However, the cost of premium finishes such as granite, marble, and imported tiles can increase the overall cost of the project. Builders opting for high-end constructions, particularly in premium areas, should account for the added cost of these materials when estimating their budget.
Visakhapatnam’s port and transport infrastructure make it relatively easier to bring materials into the city, but transportation costs still play a significant role in the overall construction expenses. While local materials such as cement, steel, and sand can be sourced from nearby suppliers, premium materials like granite, marble, and luxury tiles need to be transported from other states or cities, which can increase logistics costs.
The cost of transporting construction materials in Visakhapatnam is generally lower for locally sourced items but can increase when importing premium or specialized materials. Builders need to carefully calculate these logistics costs when planning their construction projects.
Labor costs in Visakhapatnam are generally more affordable compared to major metropolitan cities like Bengaluru or Mumbai, but they can vary based on the skill level and type of work involved. Skilled workers, such as masons, carpenters, electricians, and plumbers, charge higher rates due to their expertise, while unskilled workers or laborers are more affordable. Labor costs in Visakhapatnam are also influenced by demand and the availability of skilled workers in the area.
While skilled labor rates are reasonable, the demand for quality labor can fluctuate depending on the time of year, particularly during the peak construction seasons or when there is a sudden rise in demand for residential and commercial properties. Builders should plan ahead for labor requirements and ensure they have a consistent supply of skilled workers for their projects.
As Visakhapatnam continues to experience rapid urbanization, construction costs have been gradually rising. Factors contributing to these price increases include higher demand for construction projects, rising material prices, and inflationary pressures on labor and transportation costs. The increase in demand for high-end residential properties, particularly in prime areas like Beach Road and MVP Colony, has also driven up construction prices.
These factors have led to an increase of approximately 10–15% in construction costs over the last few years. Builders and developers should factor in these rising costs when budgeting for new projects in Visakhapatnam.
Construction costs can vary significantly across different areas of Visakhapatnam. Central locations like Beach Road, MVP Colony, and Dwaraka Nagar tend to have higher costs due to their proximity to commercial districts, well-established infrastructure, and prime real estate value. In contrast, suburban and peripheral areas such as Anakapalle, Bheemili, and Yelamanchili offer more affordable construction opportunities due to their lower land prices and less developed infrastructure.
For more affordable construction options, suburban areas such as Anakapalle or Yelamanchili are good choices, while high-end construction is best suited for prime areas like Beach Road and MVP Colony, where land prices and demand are higher. Builders should assess the location and infrastructure development in different parts of the city to make informed decisions on where to undertake construction projects.
Visakhapatnam presents a dynamic real estate market with a wide range of opportunities for both residential and commercial construction. Understanding the factors that contribute to construction costs—such as material prices, labor rates, transportation costs, and location-specific variations—is crucial for anyone planning a construction project in the city. Whether you are building a luxury apartment in Beach Road or a budget-friendly home in Anakapalle, careful planning and budgeting will ensure the success of your project in Visakhapatnam.
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.