Especially in Pakistan’s major cities like Lahore, Karachi, and Islamabad, a 400 square yard plot is a popular choice among purchasers due to the ample room it provides for building large houses. Typically, a house of this size has a basement, several stories, and a respectable yard for parking or gardening. The plot’s location near affluent residential neighborhoods, close to restaurants, shops, and public transportation, might increase its value, however this varies by city. The opportunity for personalization is a major perk of a 400-square-yard plot. With adequate space to design large living rooms, contemporary kitchens, and ample bedroom proportions, homeowners can pick from a range of plans, including single-story and double-story homes. This home finds the perfect blend of economy and quality with ample space for extra features such as a small pool or garden.
In this blog, we’ll lay out all the costs that may be associated with the construction of a home of this size.
The walls, roof, and foundation—the grey structure—form the backbone of a house. Factors including design intricacy, excavation needs, and material selection affect how much this structural phase ends up costing. The going rate for grey structure for above-ground sections is about 2,600 PKR/sq. ft. The excavation and waterproofing required for a basement, however, drives up the price to almost 3,500 PKR per square foot. You can expect to pay between 3,500 and 4,300 PKR per square foot for the finishing stage, which includes things like flooring, fittings, and paint. Usually, mid-range, A-grade finishes are cheaper, while premium, high-quality finishes made with top-tier materials are more expensive.
The following are the anticipated covered areas for a 400 square yard house:
Basement: 1,500 sq. ft.
Ground Level: 2,400 sq. ft.
First Floor Level: 2,500 sq. ft.
Second Floor Level (Mumty Tower usually): 400 sq. ft.
We may now estimate the entire cost of construction by adding together the predicted expenditures for each floor, taking into consideration these area estimations and cost ranges.
Single-Story House (Ground Floor Only)
- Grey structure: PKR 6,240,000
- A-grade finishing: PKR 8,400,000
- Premium finishing: PKR 10,320,000
- Total costs:
- With A-grade finishes: PKR 14,640,000
- With premium finishes: PKR 16,560,000
Double-Story House (Basement + Ground Floor)
- Grey structure: PKR 11,490,000
- A-grade finishing: PKR 13,650,000
- Premium finishing: PKR 16,770,000
- Total costs:
- With A-grade finishes: PKR 25,140,000
- With premium finishes: PKR28,260,000
Double-Story House (Ground + First Floors)
- Grey structure: PKR 12,740,000
- A-grade finishing: PKR 17,150,000
- Premium finishing: PKR 21,070,000
- Total costs:
- With A-grade finishes: PKR 20,890,000
- With premium finishes: PKR 33,810,000
Triple-Story House (Basement + Ground + First Floor)
- Grey structure: PKR 17,990,000
- A-grade finishing: PKR 22,400,000
- Premium finishing: PKR 27,520,000
- Total costs:
- With A-grade finishes: PKR 40,390,000
- With premium finishes: PKR 45,510,000
Triple-Story House (Ground + First + Second Floor)
- Grey structure: PKR 13,780,000
- A-grade finishing: PKR 18,550,000
- Premium finishing: PKR 22,790,000
- Total costs:
- With A-grade finishes: PKR 32,330,000
- With premium finishes: PKR 36,570,000
Four-Story House (Basement + Ground + First + Second Floor)
- Grey structure: PKR 19,030,000
- A-grade finishing: PKR 23,800,000
- Premium finishing: PKR 29,240,000
- Total costs:
- With A-grade finishes: PKR 42,830,000
- With premium finishes: PKR48,270,000
We hope this detailed breakdown of the costs associated with building a home of this size has been helpful in gaining an understanding of the factors that will ultimately determine your budget. Keep in mind that there are a number of variables that can cause the final cost to vary. Costs might vary greatly based on location due to regional differences in the cost of building supplies, transportation fees, and labor. A third factor that might drive up the price is the requirement for specialist labor, which is often associated with more complex designs or high-quality finishes. Another important consideration is inflation, which can lead to sudden increases in material prices. Consequently, although this breakdown provides a good foundation, it is recommended that you allocate a portion of your budget to account for these factors. You may better plan for the financial aspects of creating your ideal home if you understand these subtleties, since every construction project is unique.