[updated on 31-Oct-2019 by Nitin, founder – Contractorbhai.com]

In Last article we spoke about Home Renovation of a 1 BHK in a Economic way (Bedroom Hall Kitchen). Spending 1000 1500 rupees per SQ. Ft. you get many basic necessary things inside your house.

However in this article, we will talk about going step further. A good Contractor will give you suggestions about where you can save money and still get your house renovated in a economic way. You can work with a contractor and decide if you wish to spend more money and choose to get higher quality material and expensive furnishing.

Depending upon what option you choose in materials you will end up spending 1200 to 1800 1500 to 2000 rupees per Sq. Ft. A usual 1BHK House in prime city like Mumbai Delhi Pune (or any big and medium city across country) is 500 Sq. ft. in area.

Economic Home renovation estimate in Mumbai
1000 rupees/ Sq. Ft. 1500 rupees/ Sq. Ft.
Hence 1 BHK(500 Sq. Ft.) = 5 Lakhs 7.5 Lakhs

Deluxe Home renovation estimate in Mumbai
1200 to 1800 rupees/ Sq. Ft. 1500 to 2000 rupees/ Sq. Ft.
Hence 1 BHK(500 Sq. Ft.) Deluxe renovation can cost 6 lakhs to 9 Lakhs 7.5 lakhs to 10 Lakhs

So depending upon what level of amenities and interior you choose you will end up spending anywhere between 5 Lakhs to 9 lakhs 7.5 Lakhs to 10 lakhs in your 1 bedroom hall Kitchen.

Some of the example where a House owner gets to choose better material or interior are:

  •  Expensive Plywood
  •  Expensive Tiles
  •  Sanitary & bathroom equipments
  •  Shower unit
  •  Make to order color coating for taps etc
  •  WC & all sanitaryware items

So economic Home renovation starts at at the range of 5 lakhs and can go upto 9 Lakhs 7.5 lakhs and can go upto 10 Lakhs if we choose to have deluxe features inside our house.

All above figures are rough numbers. When you start working with Contractors you will know the actual figure. A good Contractor will make you aware that even after giving a Final estimate or quotation sometimes material prices go up or down or you end up buying a different product for some reason, hence a home owner should always be prepared for 5-10% plus or minus in the estimates.

Cost & Money are two biggest challenges to control during renovation. Contractorbhai provides affordable “ContractorbhaiDesign Service” it gives you complete plan of action.