4 Marla Commercial plaza construction cost

Previously, all articles on the cost by Team ACCO applied to residential construction projects only, however, there was a very popular demand by our followers for commercial plaza construction cost frame structure. Since Team ACCO already has a first-hand experience of various commercial projects completed in Lahore & Islamabad, hence it is easy for us to guide our followers about the cost of a commercial plaza built as a frame structure. However, most of the methods of calculating cost might be the same as in our previous articles and videos, there is one significant change in this video where we have also mentioned quantities along with the per sqft costs. Similarly, like previous residential costing videos, this costing video for the commercial plaza will also be only for the grey structure.

Commercial plaza construction can be done by two methods which should be known before going towards the construction cost of a commercial plaza:

Labour contract

A contract in which the owner procures material and supervises labor on a self-help basis. A labor contractor is responsible for arranging required labor to carry out construction procedures. Construction cost, in this case, is all in hands of the owner himself. The final cost of construction will depend upon how well the owner has managed the construction process both in regards to material procurement and labor procurement. In this video, we will discuss the construction cost of this method.

Turnkey contract

This is a method or contract in which the owner hires a professional company on a lump sum or per square foot construction rate for a turnkey solution. The owner does not have to worry about the construction cost as the builder has agreed to provide him with all services within in predefined budget and cost. The owner only must supervise if a builder is carrying out the work as per the agreement or not. At the end of this video, we will tell you how much a professional company charges for its services and how much per square foot you will have to pay extra than the cost that could have been if you build the commercial plaza yourself.

Sample project

4 Marla commercial plaza construction cost (125 sq. Yd)

Covered area TOTAL 4900 sq. Ft including

• Basement 1200 sqft
• Ground floor 1200 sqft
• first floor 1200 sqft
• Second floor 1200 sqft
• Mumtee 100 sqft

Item wise per square foot commercial plaza construction cost:

Bricks 125 Rs/sq. Ft

Calculation:

125 Rs x 4900 sq. Ft=612500 Rs

Brick price =11.5 Rs per piece

Quantity =612500/11.5 = 53260 bricks

Crush 131 Rs/sq. Ft

Calculation:

131 Rs x 4900 sq. Ft=641900 Rs

Crush price =80 Rs per Cft

Quantity =641900/80 = 8024 Cft

Cement 175 Rs/sq. Ft

Calculation:

175 Rs x 4900 sq. Ft=857500 Rs

Cement price =500 Rs/50kg bag

Quantity =857500/500 = 1715 bags

Steel 620 Rs/sq. Ft

Calculation:

620 Rs x 4900 sq. Ft=3038000 Rs

Steel price =111 Rs/kg or 111000 Rs/ton

Quantity =3038000/111 = 27370 kg or 27.37 tons

Sand 50 Rs/sq. Ft

Calculation:

50 Rs x 4900 sq. Ft=245000 Rs

Sand price =30 Rs/Cft

Quantity =245000/30 = 8166 Cft

Labour contractor 450 Rs/sq. Ft

Calculation:

450 Rs x 4900 sq. Ft = 2205000 Rs

Steel fixer 36 Rs/sq. Ft

Calculation:

36 Rs x 4900 sq. Ft = 176400 Rs

Plumbing contractor 18 Rs/sq. Ft

Calculation:

18 Rs x 4900 sq. Ft = 88200 Rs

Electric contractor 18 Rs/sq. Ft

Calculation:

18 Rs x 4900 sq. Ft = 88200 Rs

POINT TO BE NOTED:

The Labour rate considered as 450 in this calculation includes each thing related to labor & machinery such as masons, helpers, mixing machines, vibrators, scaffolding, and shuttering. Since this method of construction is a frame structure, shuttering has a very critical role. Best quality shuttering is done with steel plates of 4ftx8ft palai sheets. In this labor rate, we have considered the use of both steel plates and palai for shuttering columns, slabs, basement retaining walls, etc. Another critical labor is the steel fixer for which the per ton labor rate has been considered at the rate of 6500 Rs. Similarly, electrician and plumber rates include complete work related to electrical and plumbing till grey structure i-e conduit in slabs and walls, hot and cold-water pipes, drainpipes & main sewerage lines, etc

Other items

Excavation 10 Rs/sq.ft

Calculation:

10 Rs x 4900 sq.ft= 49000 Rs

Waterproofing 10 Rs/sq.ft

Calculation:

10 Rs x 4900 sq.ft= 49000 Rs

Waterproofing considered in this method is the simple chemical coating of Ultra of Sika any of the brand surface area rate of which is maximum up to 20 rs/sqft. For a stronger water proofing method for basement retaining walls PVC membrane sheets can be used however it will add up to the overall waterproofing cost because it is expensive.

Water stopper 5 Rs/sq.ft

Calculation:

5 Rs x 4900 sq.ft= 24500 Rs

Electricity items 35 Rs/sq.ft

Calculation:

35 Rs x 4900 sq.ft= 171500 Rs

Electric items include complete uPVC conduit (pipes) required in walls, slabs, underground, etc. It also includes complete switchboard internal box fittings required for standard Chinese fittings. Main DB (Distribution boxes) are also included in these figures for the ground and first floor. Electric conduit witnessed a sharp increase in prices in 2019/20 as compared to 2018.

Plumbing items 70 Rs/sq.ft

Calculation:

70 Rs x 4900 sq.ft= 343000 Rs

Plumbing items include complete PPRC pipes and their fittings such as elbows, bends, T’s, etc required for water and gas connections. It also includes complete uPVC piping for sewerage and drain systems. It also includes a typical and standard 400 gallons plastic overhead water tank with GI (steel) pipes fitting. Plumbing conduit witnessed a sharp increase in prices in 2019/20 as compared to 2018.

Brick Tile 15 Rs/sq.ft

Calculation:

15 Rs x 4900 sq.ft= 73500 Rs

Brick tile is required during the process of waterproofing and finishing the floor of roofs. The brick tile considered in this cost is up to 10 Rs/brick tile.

Guard Salary 16 Rs/sq.ft

Calculation:

16 Rs x 4900 sq.ft= 78400 Rs

Guard salary has been considered on basis of 15000 Rs/month for a tenure of 5 months maximum.

Gravel 20 Rs/sq.ft

Calculation:

20 Rs x 4900 sq.ft= 98000 Rs

Bitumen 5 Rs/sq.ft

Calculation:

5 Rs x 4900 sq.ft= 24500 Rs

Polythene sheet 4 Rs/sq.ft

Calculation:

4 Rs x 4900 sq.ft= 19600 Rs

Mud 4 Rs/sq.ft

Calculation:

4 Rs x 4900 sq.ft= 19600 Rs

Chips Aggregate 5 Rs/sq.ft

Calculation:

5 Rs x 4900 sq.ft= 24500 Rs

Taxes 6 Rs/sq.ft

Calculation:

6 Rs x 4900 sq.ft= 29400 Rs

Electricity bills 5 Rs/sq.ft

Calculation:

5 Rs x 4900 sq.ft= 24500 Rs

Water boring 5 Rs/sq.ft

Calculation:

5 Rs x 4900 sq.ft= 24500 Rs

Anti termite spray 7 Rs/sq.ft

Calculation:

7 Rs x 4900 sq.ft= 34300 Rs

Random expenditures 20 Rs/sq.ft

Calculation:

20 Rs x 4900 sq.ft= 98000 Rs

Let us see what will be the total cost of the Grey structure for 4 marlas commercial plaza frame structure method:

Disclaimer:

-Possible ±5% Variation is possible in cost shown in video
-Rates applicable on frame structures only in Lahore & Islamabad/Rawalpindi
-Skills required to achieve this cost:
-Past construction experience
-Quality & honest labour
-Labour management skills
-Quality, timely & cost-effective material procurement
-Factors such as construction inexperience, unusual