How Much Does it Cost to Build an Office Building?

Last week, I contacted my cousin, a civil engineer, to inquire about the costs involved because I planned to build a new office. He said, constructing an office building entails a complicated interaction of several elements that eventually affect the final cost. The cost of building office building varies from site acquisition, design, and building to finishing, technological integration, and local code compliance. I have shared the average cost he told me below.

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What is the Cost to Build a Office Building?

My cousin said the average cost to build an office building ranges between Rs. 2,000 per sq ft to Rs. 2,800 per sq ft. It can go up based on the following factors.

• Land acquisition cost

• Type of office building 

• Your office location

• The quality of materials used

• Government approvals and compliance

• Complexity of the work

There won't be any land purchase costs because I already own my land, but the other costs will influence the price. I am planning to have him visit my home to understand the complete price as per my requirements. You can also get an idea by contacting a civil engineer.

My friend started his own company in Bangalore. His company was growing rapidly, and he needed to find a new office space. He decided to build his own office building, so that he could have a custom-designed space that would meet the needs of his growing company. It was through him that I got to know commercial building construction cost in Bangalore.

Cost of Construction of Commercial Building

My friend hired a team of architects and engineers to design his new office building. The building had everything he needed to run his business successfully, including a reception area, conference rooms, private offices, and open workspaces. It cost him around Rs. 1500 per square foot.

He loved the fact that he was able to have a custom-designed space that was perfect for his company's needs. 

How much does an Office Building Cost in Bangalore?

The cost of building an office building in Bangalore can vary based on different factors. But you can expect to pay between INR 1,600 and INR 2,000 per square foot.

I can give you some tips based on what I observed during my friend’s office construction cost.

• Shop around and get quotes from multiple contractors.

• Consider using less expensive materials.

• Choose a simpler design.

• DIY if you can. However, it is important to have the proper skills and knowledge before you attempt to build an office building yourself.

• Hire a qualified contractor.

My father is associated with a renowned builder in Bangalore. They were recently planning to construct a coworking space. I curiously asked him about the average cost to build office building. I’d like to share the insights that I got to know from him. 

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Bangalore meets a sizable commercial demand as a metropolis, which raises the commercial demand. As a result, compared to other cities, the cost of establishing a commercial structure is a little bit more.

How much does it cost to build an office building?

This depends on a number of factors including 

• The size of the building

• Purpose

• Location

According to statistics the average price of plots ranges from Rs. 2500 - Rs. 7500 sq. ft.

Based on the architectural blueprints provided by the architects, the cost to construct a commercial building in Bangalore ranges from Rs. 1400 to Rs. 1900 per square foot.

Due to the increased demand, developing a commercial building in Bangalore is a little more expensive. In Bangalore, the price to construct a single-column commercial building ranges from Rs. 900 to Rs. 1300.

While planning your budget remember to include the money that will be spent on hiring architects, contractors, and engineers, as well as sanctioning the plans from BBMP, Bangalore water supply and sewerage board, and Karnataka Power Transmission Corporation.

I’d like to conclude my discussion here about the average cost to build office building. I hope this helps:)

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