Are you planning to build your dream home or a new office this year?

One of the most common questions we get is: "What is the current cost per square foot?" The answer has changed significantly over the last 12 months due to fluctuations in material prices like cement and steel.

1. The "Base Rate" Myth

Many contractors will quote a low base rate (e.g., Rs. 8,500/sqft), but this often excludes essentials like tile fitting, painting, or high-quality bathroom fittings. A realistic "luxury finish" rate in 2025 is closer to Rs. 12,000 - 15,000+ per sqft depending on your location.

2. Material Price Watch (2025)

• Cement: Prices have stabilized but remain higher than 2023 levels.
• Steel: Global shipping rates are affecting local reinforcement bar prices.
• Finishing: Imported tiles and sanitary ware are seeing the biggest price variances.

3. How to Save Money Without Cutting Corners

The best way to control costs is not by buying cheap cement, but by smart design. Reducing unnecessary structural complexities (like excessive cantilevered balconies) can save you millions in structural reinforcing costs.