
When determining the price of a construction project—whether a storied (multi-storey) building or a bungalow (single-storey)—several key factors come into play. Here’s a breakdown of the most influential ones
Type of Structure
Storied Building: Higher cost due to columns, beams, staircases, slabs, and possibly elevators. Requires deeper foundations and stronger structural elements.
Bungalow: Generally lower structural costs, but may require a larger plot of land for the same floor area..
Plot Size and Shape
Larger plots require more excavation and filling.
Irregularly shaped plots may increase design and construction complexity
Foundation Type
Multi-storey buildings often need deep foundations (raft or piles), which are costlier.
Bungalows may use shallow foundations (strip or pad footing), which are cheaper
Floor Area / Square Footage
The total size of the project has a direct impact on cost.
Cost per square meter may reduce slightly as size increases due to economies of scale.
Construction Materials
Choice between standard vs. premium materials (flooring, roofing, fixtures).
Type of walling (blocks vs. bricks), roofing (tiles vs. iron sheets), windows (aluminum vs. UPVC), etc
Labor Costs
Depend on location, availability of skilled workers, and project duration.
Storied structures often require more skilled labor (reinforcement work, formwork, scaffolding).
Structural Design & Engineering
Complex structural designs for multi-storey buildings increase engineering and supervision costs.
Simpler bungalows cost less in terms of design fees.
Site Conditions
Water-logged or rocky sites demand special construction techniques or equipment.
Accessibility of the site affects material transport and labor logistics.
Services and Finishes
Plumbing, electrical, HVAC, and smart home systems.
Interior finishes: tiling, cabinetry, ceilings, paint, lighting.
Permits & Regulatory Costs
Building permits, inspections, and approvals may vary by location and type of structure.
Timeframe
Urgent projects cost more due to fast-tracked labor and resource mobilization.
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