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HOW TO DO STAGE VALUE OF A FLAT

HOW TO DO STAGE VALUE OF A FLAT

Approximate Stage Cost of a Flat at Different Stages of Work

The following table outlines the percentage of total construction cost attributed to various stages of work for a flat. This calculation excludes the cost of the undivided share of land.

If the Flat is on the Ground Floor:

S.No Stage of Work % of Cost Cumulative %
1 Excavation and concrete in foundation 5% 5%
2 Brickwork up to basement 10% 15%
3 Basement filling and leveling course 3% 18%
4 Superstructure brickwork up to lintel 7% 25%
5 Above lintel and brickwork up to roof level 8% 33%
6 Roofing 20% 53%
7 Inside and ceiling plastering 5% 58%
8 Joinery frames fixed 7% 65%
9 Flooring works 5% 70%
10 Outside plastering 2% 72%
11 Fixing of shutters and grills (7% + 2%) 9% 81%
12 All paintings 3% 84%
13 Sanitary and water supply works 7% 91%
14 Electrical works 4% 95%
15 Common services like OHT, sump/well, weathering course, compound wall, pavement, etc. 5% 100%

 If the Flat is on an Upper Floor:

  • A. Up to the casting of the roof slab of the previous floor, the value of the concerned flat is considered to be 18%.
  • B. If the superstructure is progressing, the values from items 4 to 15 will be applicable.

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