# 500sqft House Construction Cost in 2021

## 500 Sqft House Construction Cost in 2021

500sqft House Construction Cost – Generally, there are three types of house construction:-

Class A

B Class

Class C

A  Class Building

Class A buildings also are well located, have good access, and are professionally managed. It’s per square feet cost in 2021 is approx. 1600 – 2500/-sqft.

Class B type construction is general construction for all medium class people. It’s per square feet cost in 2021 is approx. 1100 – 1500/-Sqft.

Class C type construction is Low-grade type construction. It’s per square feet cost in 2021 is approx. 750 – 900/-Sqft.

Total Plot Area – 800Sqft

Built-up Area – 500Sqft

### Contractor Rate Per Sqft

Ground Floor – 230/-sqft

Rate of Per Sqft = 1100 – 1500 sqft (Class B type construction )

Suppose We consider Average Rate – Rs.1300Sqft

Total Cost of 500 Sqft house with finishing – 500 x 1300 = Rs. 650,000/- including labor

Labor cost = 25% of Total Construction Cost

= 650000 x 25% = Rs. 1,62,500/-

Materials cost = 75% of total construction cost

= 6,50,000 x 75% = Rs.4,87,500/-

Bar Bending Schedule Basics: Especially for Freshers Civil Engineers

### Estimated Quantity of materials for Ground Floor with Labor

 S.no Materials Items including labor Quantity Of Materials Rate of items/Materials Amount Percentage of materials i). Cement 212 400/- Rs.84,500/- 13% ii). Steel 1515 60/- Rs.91,000/- 14% iii). Sand 1300 40/- Rs.52,000/- 8% iv). Gravel 345 75/- Rs.26,000/- 4% v). Bricks 8125 8/- Rs.65,000/- 10% vi). Paint, tiles, wood, plumbing, Sanitary, Electrical, etc. – – Rs.1,49,500/- 23% vii). Extra – – Rs.19,500/- 3% Total – – Rs.6,50,000/-

This is the approximately 500 Sqft House Construction Cost. I hope this information can be useful for you guys.

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