Low Cost Housing estimation comparison

1. Base Model
Plot Area in Sft. 675
No of floors 2
Covered Area 787
Rate Of Construction 2,000
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 1,574,000
Land Cost 131,250
Development Land Cost 131,250
Development Charges 225,000
Total Cost for one Unit 2,061,500
Area to be acquired for 50000 units
101,250,000
(2812.5 Acres)
Land Cost for 50000 units 13,125,000,000
Construction Cost for 50000 units 78,700,000,000
Development Charges for 50000 units 11,250,000,000
Total Cost 103,075,000,000

2. Model (G + 3)
Plot Area in Sft. 787
No of floors 4
Covered Area 787
Rate Of Construction 1,921
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 1,511,827
Land Cost 38,257
Development Land Cost 89,266
Development Charges 65,583
Total Cost for one Unit 1,704,933
Area to be acquired for 50000 units
32,791,667
(910.88 Acres)
Land Cost for 50000 units 6,376,157,407
Construction Cost for 50000 units 75,591,350,000
Development Charges for 50000 units 3,279,166,667
Total Cost 85,246,674,074

3. Economized Model (G + 3)
Plot Area in Sft. 694
No of floors 4
Covered Area 616
Rate Of Construction 2,000
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 1,232,000
Land Cost 33,736
Development Land Cost 78,718
Development Charges 57,833
Total Cost for one Unit 1,402,287
Area to be acquired for 50000 units
28,916,667
(803.241 Acres)
Land Cost for 50000 units 5,622,685,185
Construction Cost for 50000 units 61,600,000,000
Development Charges for 50000 units 2,891,666,667
Total Cost 70,114,351,852

4. Economized Model (G + 3)
Plot Area in Sft. 694
No of floors 4
Covered Area 616
Rate Of Construction 1,375
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 847,000
Land Cost 33,736
Development Land Cost 78,718
Development Charges 57,833
Total Cost for one Unit 1,017,287
Area to be acquired for 50000 units
28,916,667
(803.241 Acres)
Land Cost for 50000 units 5,622,685,185
Construction Cost for 50000 units 42,350,000,000
Development Charges for 50000 units 2,891,666,667
Total Cost 50,864,351,852

5. Economized Model (G + 3) (Taxation Relaxation)
Plot Area in Sft. 694
No of floors 4
Covered Area 616
Rate Of Construction 1,135
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 699,160
Land Cost 33,736
Development Land Cost 78,718
Development Charges 57,833
Total Cost for one Unit 869,447
Area to be acquired for 50000 units
28,916,667
(803.241 Acres)
Land Cost for 50000 units 5,622,685,185
Construction Cost for 50000 units 34,958,000,000
Development Charges for 50000 units 2,891,666,667
Total Cost 43,472,351,852

6. Economized Model (G + 3) Pre Cast
Plot Area in Sft. 694
No of floors 4
Covered Area 616
Rate Of Construction 1,150
Rate Of Land 7,000,000 / Acre
No of units to be constructed 50,000
Construction Cost 708,400
Land Cost 33,736
Development Land Cost 78,718
Development Charges 57,833
Total Cost for one Unit 878,687
Area to be acquired for 50000 units
28,916,667
(803.241 Acres)
Land Cost for 50000 units 5,622,685,185
Construction Cost for 50000 units 35,420,000,000
Development Charges for 50000 units 2,891,666,667
Total Cost 43,934,351,852
Additional Cost to Cater for
• Cost of Pre-Cast Plant with capacity of 80000 Sft/day = Rs. 5,778,000,000
• Cost of Land for Installation of Pre-Cast Plant = Rs. 84,000,000
• Total Cost for Pre Cast Plant = Rs. 5,862,000,000