How much Approx. Rs/ Sq mt to build a house -Goa

keithpoonam · Oct 4th, 2006, 18:07

Hello

I am trying to work out wether it is cheaper to build or to buy readymade house ???????????.Any experience or idea will help.

Keith

Nick-H · Oct 4th, 2006, 18:23

Probably depends, in India more than anywhere, on your relationship with your builders.

praks · Oct 4th, 2006, 18:43

Quote:

Originally Posted by keithpoonam

Hello

I am trying to work out wether it is cheaper to build or to buy readymade house ???????????.Any experience or idea will help.

Keith

It depends on whether you own the land on which the house is to be built. If you already own the land then it will work out cheaper to build a house on it. If you do not own the land then it would be better to buy a readymade house.

cyberhippie · Oct 4th, 2006, 23:34

A small two besroom house with kitchen bathroom living room can be built for around 6-7 Lakh.

The price of land can vary between 400-1600 rupees a square meter depending on where you are!!

As a westerner expect all sorts of headaches getting a house built, like absent workmen, increase of costs etc etc. Like anywhere I suppose but in India this can get to be really problematical!!

crvlvr · Oct 5th, 2006, 01:44

As CH has pointed out, if you add in the cost of the headaches, it might be cheaper to purchase a ready built house. Keep in mind that it rains 6 months in a year and construction, if any, will progress at a snails pace during those months.

cyberhippie · Oct 5th, 2006, 01:46

Can anyone correct me if I got the costs wrong!!

Kingfisher · Oct 5th, 2006, 02:02

Goan friends are having a house much as CH describes, built in north Goa on family-owned property by a general contractor; approximately 100 square meters of living space on one floor with 2br, bath, kitchen, dining room, living room with an additional 24 meter balcony. The house is typical stone construction, on one level, with a gabled, concrete roof. The contract, at 6 lac, is basically 'turn-key' as it covers everything from site preparation to plumbing, plastering, electrical, paint and tiles: kitchen cabinet work and a roof for balcony not included and there will likely be some 'extras' for upgrading tiles or plumbing fixtures beyond a basic standard.

Using a general contractor on a fixed contract shifts most of the headaches of absent workmen, supply problems, weather, etc to the builder but it is still desireable to have somone knowledgeable about Goan construction techniques on site regularly as there are many ways that poor quality work can be hidden. (quality of stones, mixture of concrete, adequate re-bar, etc etc etc) It is not a project for the fainthearted or the unwary. Due to the current boom in construction, even finding a contractor with a solid record to undertake a small job might be difficult.

Land prices are 'all over the place' and there are serious questions regarding titles, etc -- it is a minefield that I personally wouldn't touch. Wading through the Goan property threads here on IM will give an inkling as to some aspects, but really only a native Goan that has had some experience in these matters could explain the complications properly (your cue, GC) as the old Portugese laws still have much influence in tennancy issues and the way property is handed down etc. and I understand that much of the old land records and surveys date from that period as well and might not be too accurate.

crvlvr · Oct 5th, 2006, 02:06

Quote:

Originally Posted by cyberhippie

Can anyone correct me if I got the costs wrong!!

I think your prices (Rs 400 - Rs1,600) should be per square foot, not square meter, for construction costs.

Nick-H · Oct 5th, 2006, 02:53

Where I would like to buy the price would be nearer to 6,000 per sq ft. And that is nowhere near top whak

cyberhippie · Oct 5th, 2006, 02:56

Nick my prices are out of date I think (GC will tell us) I
was looking at prices for Dona Paula and it was 8000 m2

crvlvr · Oct 5th, 2006, 05:03

indiaproperties.com has some rates for land in major cities http://www.indiaproperties.com/resea...t=&newval= 11

GoanCanuck · Oct 5th, 2006, 05:19

Quote:

Originally Posted by cyberhippie

Can anyone correct me if I got the costs wrong!!

The prices today for a flat(apartment) are as follows,

Panjim - Rs 20,000/sq meter

Margao - Rs 15,000/sq meter

Mapusa - Rs 12,000/sq meter

Calangute - Rs 30,000/sq meter

Colva - Rs 20,000/sq meter

Dona Paula - Rs 30,000+ per sq meter.

GoanCanuck · Oct 5th, 2006, 12:19

Quote:

Originally Posted by keithpoonam

Hello

I am trying to work out wether it is cheaper to build or to buy readymade house ???????????.Any experience or idea will help.

Keith

For a person who is originally not from Goa, it is cheaper to buy a pre built. Building a house in Goa or for that matter any where in India is time consuming, frustrating and generally not good for your health.

keithpoonam · Oct 5th, 2006, 16:38

Thank You, to all IMers for your information on this subject. I think I will stick to buying a readymade house. Less hassle.
Regards
Keith

uvsamant · Feb 18th, 2008, 04:56

Quote:

Originally Posted by cyberhippie

A small two besroom house with kitchen bathroom living room can be built for around 6-7 Lakh.

The price of land can vary between 400-1600 rupees a square meter depending on where you are!!

As a westerner expect all sorts of headaches getting a house built, like absent workmen, increase of costs etc etc. Like anywhere I suppose but in India this can get to be really problematical!!

i want to build a house near Goa ie Kudal,Sindhudurg

Oct 4th, 2006, 18:07	#1
keithpoonam Member Join Date: Aug 2006 Location: uk Posts: 28	How much Approx. Rs/ Sq mt to build a house -Goa Hello I am trying to work out wether it is cheaper to build or to buy readymade house ???????????.Any experience or idea will help. Keith __________________ Keith

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Oct 4th, 2006, 18:23	#2
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,194	Probably depends, in India more than anywhere, on your relationship with your builders.

Oct 4th, 2006, 23:34	#4
cyberhippie Account Closed by User's Request Join Date: Jul 2002 Location: the Netherlands Posts: 6,009	A small two besroom house with kitchen bathroom living room can be built for around 6-7 Lakh. The price of land can vary between 400-1600 rupees a square meter depending on where you are!! As a westerner expect all sorts of headaches getting a house built, like absent workmen, increase of costs etc etc. Like anywhere I suppose but in India this can get to be really problematical!!

Oct 5th, 2006, 01:44	#5
crvlvr Guru Join Date: Sep 2004 Location: Hollywood Posts: 4,667	As CH has pointed out, if you add in the cost of the headaches, it might be cheaper to purchase a ready built house. Keep in mind that it rains 6 months in a year and construction, if any, will progress at a snails pace during those months.

Oct 5th, 2006, 01:46	#6
cyberhippie Account Closed by User's Request Join Date: Jul 2002 Location: the Netherlands Posts: 6,009	Can anyone correct me if I got the costs wrong!!

Oct 5th, 2006, 02:02	#7
Kingfisher slow typing member Join Date: Sep 2004 Location: west coast canada Posts: 143	Goan friends are having a house much as CH describes, built in north Goa on family-owned property by a general contractor; approximately 100 square meters of living space on one floor with 2br, bath, kitchen, dining room, living room with an additional 24 meter balcony. The house is typical stone construction, on one level, with a gabled, concrete roof. The contract, at 6 lac, is basically 'turn-key' as it covers everything from site preparation to plumbing, plastering, electrical, paint and tiles: kitchen cabinet work and a roof for balcony not included and there will likely be some 'extras' for upgrading tiles or plumbing fixtures beyond a basic standard. Using a general contractor on a fixed contract shifts most of the headaches of absent workmen, supply problems, weather, etc to the builder but it is still desireable to have somone knowledgeable about Goan construction techniques on site regularly as there are many ways that poor quality work can be hidden. (quality of stones, mixture of concrete, adequate re-bar, etc etc etc) It is not a project for the fainthearted or the unwary. Due to the current boom in construction, even finding a contractor with a solid record to undertake a small job might be difficult. Land prices are 'all over the place' and there are serious questions regarding titles, etc -- it is a minefield that I personally wouldn't touch. Wading through the Goan property threads here on IM will give an inkling as to some aspects, but really only a native Goan that has had some experience in these matters could explain the complications properly (your cue, GC) as the old Portugese laws still have much influence in tennancy issues and the way property is handed down etc. and I understand that much of the old land records and surveys date from that period as well and might not be too accurate.

Oct 5th, 2006, 02:53	#9
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,194	Where I would like to buy the price would be nearer to 6,000 per sq ft. And that is nowhere near top whak

Oct 5th, 2006, 02:56	#10
cyberhippie Account Closed by User's Request Join Date: Jul 2002 Location: the Netherlands Posts: 6,009	Nick my prices are out of date I think (GC will tell us) I was looking at prices for Dona Paula and it was 8000 m2

Oct 5th, 2006, 05:03	#11
crvlvr Guru Join Date: Sep 2004 Location: Hollywood Posts: 4,667	indiaproperties.com has some rates for land in major cities http://www.indiaproperties.com/resea...t=&newval= 11

Oct 5th, 2006, 16:38	#14
keithpoonam Member Join Date: Aug 2006 Location: uk Posts: 28	Thank You, to all IMers for your information on this subject. I think I will stick to buying a readymade house. Less hassle. Regards Keith