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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.

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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:

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