Can anyone please help me out?
How much budget should I keep to buy a 5 Marla Plot in Bahria Sector C and later construct a double story house?
Since I have managed to save around 30 Lakh as of now. If I buy a land in next month between 13 to 14 lakh, 16 will be enough to construct a double portion house? If not how much should I add more? Also How many month it requires to build a 5 Marla double portion? Since I have to plan my vacations.
Looking for the experts suggestion>
AG replied on Saturday, November 26, 2011 06:12 PM
@Irum.
As per Bahria construction bylaws for 5 marla plots
FAR (Floor Area Ratio = Total Covered Area/Plot Area) = 1.6
So Max. Permissable Covered Area = 5x225x1.6 = 1800 Sq. ft
Total Cost @1600/- Per Sq. ft = 1800x1600 = PRs. 2,880,000/-
1. So the money you have is just sufficient to build your house.
2. It will take almost one year to build your house.
May Allah (SWT)bless you & your family with a nice, beautiful & comfortable house.
Regards |
AG replied on Saturday, November 26, 2011 06:17 PM
@Irum.
As per Bahria construction bylaws for 5 marla plots
FAR (Floor Area Ratio = Total Covered Area/Plot Area) = 1.6
So Max. Permissable Covered Area = 5x225x1.6 = 1800 Sq. ft
Total Cost @1600/- Per Sq. ft = 1800x1600 = PRs. 2,880,000/-
1. So the money you have is just sufficient to build your house.
2. It will take almost one year to build your house.
May Allah (SWT)bless you & your family with a nice, beautiful & comfortable house.
Regards |
OCS replied on Sunday, November 27, 2011 08:53 AM
16 Lacs is not enough to construct a good 5 marla dream house. With the recent increase in cost of construction material, even 20 Lac is not enough. The rates given above by brother AG are very reasonable for A+ Grade construction. If you go for grade A then you need approx 26 lacs. So your total minimum budget should be:
For 5 Marla plot at good location including all charges (Transfer+Stamp duty+commission) 15 Lac
Construction cost 26 Lac(Including the cost of map approval & utility charges)
Total : 15+26=41 Lacs MINIMUM
I would suggest you to buy the plot as soon as possible. The rates of 5 Marla plots are increasing in Bahria town |
