Construction which is cost effective

Building is a product involving time, material, labour and other resources under various constraints. Today’s construction scenario presents steeply escalating material costs and time overrun leading to project cost escalation, in spite of the earnest efforts to keep the situation within limits.

The total costs of a building can be defined as the sum of the costs that develop at the planning state, the cost of construction and maintenance after construction. The cost of any building can be reduced by giving proper attention to these three aspects. Cost and quality are two important and interdependent aspects of any product. Saving money along with providing better value is a concept that attracts all. Efficient design and construction management techniques employed in a systematic way are essential to assure cost and quality control. It is not sufficient to merely reduce cost. All the requirements of function, space and quality and strength have to be met too.

With high urban land values and increased cost of construction due to the ever-increasing cost of building materials and labour, people are on the lookout for cost efficiency in building.

Cost efficiency can be achieved by efficient layout design, choice of appropriate materials and appropriate building technology. In any project involving construction of building units, the major share of expenditure is the construction work. Land subdivision and development is an essential requirement for any scheme. Layout determines the environment as well as distribution network for services. Thus, optimization of layout will lead to overall economy in land development works.