Builders’ Charges: What Determines the Cost – Build-up Area or Plot Size?

When planning to construct a new home, one of the most common questions that arise is whether builders charge for the build-up area or for the plot size. This is a crucial aspect to understand as it directly impacts the overall cost of your construction project. The answer, however, is not as straightforward as it might seem. It depends on various factors including the builder’s pricing policy, the nature of the construction project, and the location of the property. Let’s delve deeper into this topic to provide a comprehensive understanding.

Understanding Build-up Area and Plot Size

The build-up area refers to the total area that can be built upon, including the walls and any other structures within the property. On the other hand, the plot size refers to the total area of the land on which the property is being built. It includes not just the build-up area but also the open spaces around the property like the garden, driveway, etc.

Builder’s Pricing Policy

Some builders charge based on the build-up area while others charge based on the plot size. This largely depends on the builder’s pricing policy. It’s important to clarify this with your builder before you start the construction project. Some builders may also have a mixed pricing policy where they charge a certain rate for the build-up area and a different rate for the open spaces.

Nature of the Construction Project

The nature of the construction project also plays a role in determining whether the cost is based on the build-up area or the plot size. For instance, in high-rise buildings, the cost is usually based on the build-up area as the plot size is shared among multiple owners. However, in individual houses or villas, the cost could be based on the plot size as the owner has exclusive rights to the entire plot.

Location of the Property

The location of the property can also influence the cost. In city centers where land is scarce and expensive, the cost is often based on the build-up area. However, in suburban or rural areas where land is relatively cheaper, the cost could be based on the plot size.

Conclusion

In conclusion, whether builders charge for the build-up area or for the plot size depends on various factors. It’s crucial to discuss this with your builder and understand their pricing policy before you start your construction project. This will help you budget your project accurately and avoid any surprises later on.

Remember, the cheapest option may not always be the best. Quality, reliability, and a good reputation are also important factors to consider when choosing a builder for your construction project.