COST REDUCTION - Building Economics
COST REDUCTION - Building Economics
COST REDUCTION - Building Economics
BUILDING ECONOMICS
WHAT CONSTITUTES COST OF BUILDING?
• This starts with selecting a plot for your home. Always go for a roadside plot where
transportation facility and communication to every necessary center is possible. Because that
can reduce your transportation cost for a lifetime.
• But many sellers are there who take the opportunity of high demand and sell the roadside
plots at a very high price. So be careful while choosing the plot. If you are getting it a little
far from the main road then it is ok.
2. Conduct Soil Test
• While selecting a plot, just not focus on the communication facility but do soil test which is a
much essential part of the construction. Because there are different types of soils are available, and
each soil behaves differently. Before buying the plot check the soil if it is a paddy field,
agricultural field, or soil with hard soil.
• Because if the soil is not good or if it is loose soil then there you will have to expense a huge cost.
And after if it comes to know that plot having a paddy field then the foundation cost is huge and
again to get permission to make the home is huge. This is the best check when you are searching
tips for how to reduce the cost of house construction
3. Confirm Electrical and Water Supply in Area
• If there is no electric and water connection near your plot then you have to apply for a separate poll connection near your home
and have to make a separate connection for plumbing, which is again expensive. So look after these factors before buying a plot.
• In any type of construction building materials play a major cost-effective role. Among all the construction material bricks,
cement, rod, and sand make a large part of the construction material.
• If you purchase material in the lot (mane one order for whole material) manner then there will be less expenditure regarding
construction material. Because the dealer will give you more discount as you purchase more amount of material.
5. Prepare Structural Drawings
• Preparing structural drawings for the house is essential. The majority of people ignore this and don’t know about the
structural drawings of buildings.
• They only thought about the architectural drawings of the building. But structural drawing is all about foundation plan
detail, framing plan detail, column & beam plan detail and other structural components of buildings.
• From this structural drawing how much amount of rod, sand, cement, and bricks will be required can be calculated in
advance. And if this is done accurately then there is a chance of saving lots of money. This is important while you are
searching for how to reduce building construction cost.
• To minimize the cost of house construction you use modern technology. Use prefabricated parts for the construction
of your home. In this type of construction, a part of the building is constructed at the factory or in a separate place and
then combined to a site to make the house. It has a lot of benefits. It not only reduces the cost but also reduces the time
of construction.
9. Use Fly Ash Instead of Red Bricks
• If you want to reduce the cost then choose to fly ash bricks instead of red bricks or other bricks. Fly ash bricks are less
costlier than red bricks but have good strength for construction. It can reduce the cost of construction in a considerable
amount. By adopting these tips you can significantly reduce construction cost of house.
11. Buy Material from Local Vendors
• While purchasing materials for construction try to purchase from local vendors because it will reduce your
transportation cost as the transportation of construction material is costly.
• Labor cost is also a large part of the construction which can not cut easily. But try to calculate the works in hours how
much labor will be required to finish work and how much time. In this way you can save your cost by estimating the
labor cost otherwise the labor will work according to their time and you have to expense more.