Are you planning to build a dream 4/5 BHK house in Bangalore that includes a pool, bar, and garage for four cars, all for 1 to 1.2 crore? If you’re curious about whether such a luxurious house can fit within your budget, you’ve come to the right place. Let’s delve into the details and explore the feasibility of your vision.

House Layout and Area Program

The proposed design for your domicile is as follows:

4-5 bedrooms Living room, dining area, and kitchen Family lounge area Total construction area: approximately 6000 sqft or more

Adding a swimming pool (10′ x 20′), bar, and lounge area would take an additional 500 sqft. For car storage, there will be a garage that accommodates four cars, taking up approximately 1000 sqft.

Cost Breakdown and Estimation

The cost of construction is a crucial factor in realizing your dream home. Considering a medium to higher finish, the construction costs can range from Rs 3500 to 6000 per sqft.

Without Considering Land Costs

For a conservative estimate, we’ll start with a cost of Rs 3500 per sqft. Multiplying this rate by the total construction area of 6000 sqft, the initial cost of construction would be Rs 21,000,000.

Including Land Costs

The total cost would significantly increase if we factor in the cost of land. However, there are options that can provide a more favorable situation:

Urban Area: In city areas, with a budget of 1 to 1.2 crore, you won’t be able to afford a piece of land and a house of the desired size. The land prices in city areas range from Rs 12,000 to 15,000 per sqft, which makes it challenging to build a 6000 sqft house within this budget. Suburban Area: In villages like Anekal, part of the outskirts of Bangalore, you can find more affordable land. Here, the land cost might be around Rs 2000 per sqft. This location offers the potential to build your dream house with the amenities you desire.

Detailed Cost Analysis

Let’s break down the numbers:

Total Construction Area: 6000 sqft

Construction Cost (Rs 3500 per sqft): 6000 sqft x Rs 3500 Rs 21,000,000

Land Cost (Rs 2000 per sqft): 6000 sqft x Rs 2000 Rs 12,000,000

Total Estimated Cost: Construction (Rs 21,000,000) Land (Rs 12,000,000) Rs 33,000,000

While this analysis indicates that a full house in the city may not be feasible, it shows that in the suburban area, it is indeed possible to build a luxurious 4/5 BHK house within your budget.

Tips for Management and Cost Reduction

If you are committed to building a home with all the desired features, here are some suggestions to help manage the costs:

Efficient Use of Space: Utilize vertical space effectively to maximize the utility of your floor plan without increasing the construction area. Opt for Moderate Finishes: While luxury finishes are attractive, they can hike the cost significantly. Opt for moderate finishes that offer a balance between comfort and affordability. DIY Projects: Consider undertaking some DIY projects, particularly in areas such as painting, landscaping, and basic interior decoration. This can save you a considerable amount without compromising the aesthetic appeal.

Conclusion

In conclusion, while building a 4/5 BHK house with a pool, bar, and a four-car garage in Bangalore’s city area may seem out of reach, it is still possible in the suburbs like Anekal. With careful planning, budget management, and strategic use of resources, you can achieve your dream home within your financial limits.

For more detailed advice and assistance, feel free to share your floor plan, and we can provide more specific suggestions on how to manage the construction economically.