Ultra Realty Estates

Construction cost of a builder floor in Delhi

The cost of constructing a builder floor in Delhi per sq ft depends mostly on the finish: standard, premium or luxury. Ask your builder for a written quote against a written specification, before approvals and demolition. A build in a collaboration deal typically takes 18 to 24 months. The table shows what each of the 3 finishes includes.

· By Raghav Chopra, founder, in South Delhi real estate since 2010

What drives the cost?

The finish level, the structure and the services drive most of it: flooring, fittings, lifts, wiring and waterproofing. A plot with a basement costs more to build because of the excavation and the retaining work.

Raghav Chopra asks builders for the specification in writing, so the cost you are quoted matches what is installed.

What is the difference between standard and luxury specifications?

Finish level is the biggest driver of the cost per sq ft, and a builder's quote should name the finish it covers.

The gap comes from imported materials, automation, lifts and the quality of fittings.

What do approvals and demolition cost?

Approvals mean sanction fees, charges to the municipal body and the architect and engineer. Demolition of the old structure is a separate cost. In Raghav Chopra's collaboration deals the builder pays for the approvals and obtains them.

Ask your builder or architect to list each cost, and keep the receipts.

How long does a build take?

In Raghav Chopra's collaboration deals the old building is handed to the builder, the build typically takes 18 to 24 months, and the owner's portion is then handed back.

Approvals come before that, so allow time for them as well.

Construction cost by finish level

Finish levelCost per sq ftTypical inclusions
StandardQuoted by your builderBasic fittings and flooring; a lift if the plan includes one
PremiumQuoted by your builderBetter fittings, modular kitchen, higher-grade flooring
LuxuryQuoted by your builderImported materials, automation and top-grade fittings

Costs exclude land, approvals and demolition. Get a written quote from your builder against a written specification.

Frequently asked questions

How much does it cost to build a floor in Delhi?

The cost per sq ft depends mostly on the finish, and it is before approvals, demolition and any basement work. Ask your builder for a written quote against a written specification, because the finish level decides most of the difference. Raghav Chopra can share what he sees in the market for your plot.

Does the price include the lift?

Not always. A lift is part of the specification, so ask whether it is included and from which brand. Whether a lift is allowed or required depends on the building's height and the sanctioned plan, which your architect confirms before the build starts.

Who pays for approvals in a collaboration?

The builder pays for the approvals and obtains them, in Raghav Chopra's collaboration deals. Check that the agreement says so, and says who pays if the plans need to be revised or the approval is delayed, because that is where disputes usually arise.

How long before I can move in?

In Raghav Chopra's collaboration deals the build typically takes 18 to 24 months once the site is handed over, plus the time for approvals. Ask the builder for a date in the agreement, with a penalty for delay and rent support if you need it.

Talk to Raghav

One person, start to finish. Your message goes to Raghav, not a call centre.