Basement Construction cost, Costing & budgeting for grey structure BASEMENT construction of dream house

After discussing construction cost of normal grey structure and finishing in Episode 3 and Episode 4, Team Overc’s in its latest episode will guide its viewers about basement construction cost and costing/budgeting for BASEMENT grey structure of house. Our team has calculated estimated per square foot figures for different materials required during BASEMENT grey structure construction of a house.

Basement construction cost GREY STRUCTURE

Construction contract type: Labor rate contract

Construction grade: A grade compliance to all technical & engineering specifications

Sample project: Covered area 1000 sq.ft

 

Item wise per square foot cost calculations

Bricks 42 Rs/sq.ft

Calculation:

42 Rs x 1000 sq.ft=42000 Rs

Brick price           =8.5 Rs per piece

Quantity              =42000/8.5 = 4941 bricks

                                   

Crush 174 Rs/sq.ft

Calculation:

174 Rs x 1000 sq.ft=174000 Rs

Crush price       =70 Rs per c.ft

Quantity            =174000/70 = 2485 c.ft

Cement 297 Rs/sq.ft

Calculation:

297 Rs x 1000 sq.ft=297000 Rs

Cement price       =550 Rs/50kg bag

Quantity              =297000/550 = 540 bags

Steel 440 Rs/sq.ft

Calculation:

440 Rs x 1000 sq.ft=440000 Rs

Steel price           =80 Rs/kg or 80000R s/ton

Quantity              =440000/80 = 5500 kg or 5.5 tons

Sand 75 Rs/sq.ft

Calculation:

75 Rs x 1000 sq.ft=75000 Rs

Sand price         =25 Rs/c.ft

Quantity             =75000/25 = 3000 c.ft

Gravel 20 Rs/sq.ft

Calculation:

20 Rs x 1000 sq.ft=20000 Rs

Gravel price      =35 Rs/c.ft

Quantity             =20000/35 = 571 c.ft

Labor contractor 425 Rs/sq.ft

Calculation:

425 Rs x 1000 sq.ft = 425000 Rs

Steel fixer 30 Rs/sq.ft

Calculation:

30 Rs x 1000 sq.ft = 30000 Rs

Plumbing contractor 15 Rs/sq.ft

Calculation:

15 Rs x 1000 sq.ft = 15000 Rs

Electric contractor 15 Rs/sq.ft

Calculation:

15 Rs x 1000 sq.ft = 15000 Rs

Other items

Electricity items 20 Rs/sq.ft

Calculation:

20 Rs x 1000 sq.ft= 20000 Rs

Plumbing items 45 Rs/sq.ft

Calculation:

45 Rs x 1000 sq.ft= 45000 Rs

Water stopper 12 Rs/sq.ft

Calculation:

12 Rs x 1000 sq.ft= 12000 Rs

Water proofing 30 Rs/sq.ft

Calculation:

30 Rs x 1000 sq.ft= 30000 Rs

Anti termite spray 10 Rs/sq.ft

Calculation:

10 Rs x 1000 sq.ft= 10000 Rs

Guard Salary 20 Rs/sq.ft

Calculation:

20 Rs x 1000 sq.ft= 20000 Rs

Excavation 35 Rs/sq.ft

Calculation:

35 Rs x 1000 sq.ft= 35000 Rs

Bitumen 14 Rs/sq.ft

Calculation:

14 Rs x 1000 sq.ft= 14000 Rs

Polythene sheet 6 Rs/sq.ft

Calculation:

6 Rs x 1000 sq.ft= 6000 Rs

Taxes 8 Rs/sq.ft

Calculation:

8 Rs x 1000 sq.ft= 8000 Rs

Electricity bills 10 Rs/sq.ft

Calculation:

10 Rs x 1000 sq.ft= 10000 Rs

Random expenditures 42 Rs/sq.ft

Calculation:

42 Rs x 1000 sq.ft= 42000 Rs

Let us see what will be the total cost of Basement Grey structure:

 

S#	Item	Cost per sq.ft	Total approximate price(Pak Rs)
1	Bricks	42	42000
2	Crush	174	174000
3	Cement	297	297000
4	Steel	440	440000
5	Sand	75	75000
6	Labor Cont	425	425000
7	Steel fixer	30	30000
8	Plumbing	15	15000
9	Electric	15	15000
10	Electric items	20	20000
11	Plumbing items	45	45000
12	Guard salary	20	20000
13	Gravel	20	20000
14	Water stopper	12	12000
15	Bitumen	14	14000
16	Polythene sheet	6	6000
17	Water proofing	30	30000
18	Taxes	8	8000
19	Electric bills	10	10000
20	Anti termite	10	10000
21	Excavation	35	35000
22	Random	42	42000
	TOTAL COST	1785	1,785,000

In case your basement is huge, overall per square feet cost figure can be less and vice versa

Disclaimer:

-Possible ±5% Variation is possible in basement construction cost shown in video

-Soil testing and piling if required in certain parts of countries shall be extra cost and not mentioned in these calculations

-Skills required to achieve this cost:

Past experience

Quality & honest labor

Labor management skills

Quality, timely & cost effective material procurement

-Factors such as construction inexperience, unusual covered areas, frequent wear & tears, fraudulent labor etc can effect this cost figure

-Hire professional company which will add a figure of 150 Rs/sq.ft maximum as margin.

-Basement construction methods for which this costing is based upon have been explained in detailed video field guides of team overcs having following links:

Episode 2: Marking & Excavation https://youtu.be/VsAMjfzy9LI

Episode 3: R.C.C Basement bed https://youtu.be/gn5trXQCyfo

Episode 4: R.C.C retaining walls https://youtu.be/Vh2bXk3E__Q

Episode 5: Water proofing & slab https://youtu.be/rn66GmCL8Bo