International construction cost survey 2012

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India – hourly cost of labour (including overheads) India – major projects USD Delhi Mumbai Industrial Corridor (DMIC) 100bn Information Technology Investment Region (ITIR – Bangalore) 50bn Jawaharlal Nehru National Solar Mission (JNNSM) 75bn National Highways Development Programme 75bn Lavasa Hill City 31bn 2010 2011 2011 INR INR USD Group 1 tradesman – eg plumber, electrician 45 56 1.2 Group 2 tradesman – eg carpenter, bricklayer 45 50 1.1 Group 3 tradesman – eg carpet layer, tiler, plasterer 40 38 0.8 General labourer 18 20 0.4 Site foreman 80 80 1.7 India – costs of materials Concrete 30 mpa (m 3 ) (1,500m 3 job) 3,500 5,000 109 Reinforcement bar 16mm (tonne) (120 tonne job) 35,000 40,500 884 Concrete block (400 x 200) per 1,000 (>10,000 block job) 20,000 35,000 764 Standard brick per 1,000 7,000 6,250 136 Structural steel beams (tonne) (>100 tonne job) 65,000 50,000 1,091 Glass pane 6mm (m 2 ) 500 500 11 Softwood timber for framing 100mm x 50mm (m) 150 275 6 Plasterboard 13mm (m 2 ) 250 280 6 Emulsion paint (litre) 300 340 7 Copper pipe 15mm (m) (>1,000m job) 1,400 1,300 28 Copper cable (m) (3C + E, 2.5mm PVC) (>100,000m job) 2,200 2,450 53 India – key trades (excluding preliminaries and builders’ margins) Excavate basement (m 3 ) (1,800m 3 job) 900 750 16 Excavate footings (m) 400 475 10 Concrete in slab (m 3 ) (1,500m 3 job) 5,500 6,500 142 Reinforcement in beams (tonne) 55,000 56,000 1,222 Formwork to soffit of slab (m 2 ) 500 525 11 Blockwork in wall (m 2 ) (10,000 block job) 1,000 1,075 23 Structural steel beams (tonne) 65,000 82,500 1,801 Pre-cast concrete wall (m 2 ) 6,000 8,250 180 Curtain wall glazing incl support system (m 2 ) (1,000m 2 job) 7,000 9,250 202 Plasterboard 13mm thick to stud wall (m 2 ) (3,000m 2 job) 3,500 2,250 49 Single solid core door incl frame and hardware (no) (50 door job) 30,000 27,500 600 Painting to walls primer + 2 coats (m 2 ) 200 200 4 Ceramic tiling (m 2 ) (1,000m 2 job) 2,800 2,800 61 Vinyl flooring to wet areas (m 2 ) (500m 2 job) 1,800 2,100 46 Carpet medium tufted (m 2 ) (4,500m 2 job) 1,500 2,350 51 Lighting installation (m 2 ) (>5,000m 2 job) 2,800 2,900 63 Copper pipe 15mm to wall (m) (>1,000m job) 1,500 1,775 39 Fire sprinklers (per m 2 ) (5,000m 2 job) 1,200 825 18 Air conditioning incl main plant (m 2 ) (>5,000m 2 job) 5,000 3,625 79 making the difference 17 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
International construction cost survey 2012 Ireland Tender prices stabilised for the first time in four years by mid 2011. However, severe shortages of work in all sectors will cause tender prices to remain very competitive in 2012. A recent survey highlighted the dangerous situation where nearly half of all tenders are below realistic levels. Construction labour rates have not increased during 2011. Some material prices have risen slightly due to smaller levels of production volumes and less economies of scale. The pharmaceutical and hi-tech sectors continue to attract high levels of construction investment encouraged by the activities of the Irish Development Authority and the attractive corporate tax environment. Public sector investment is being concentrated in previously neglected education and health sectors. Further cuts in public-funded capital expenditure are likely to satisfy the requirements of the IMF/ECB/ESFS bail-out conditions. 18 Turner & Townsend Ireland – international building costs per m2 of internal area 2008 2009 2010 2011 2011 EUR EUR EUR EUR USD Residential Detached house – medium standard 1,500 1,100 1,000 1,000 1,391 Detached house – prestige 2,200 1,800 1,700 1,600 2,225 Townhouse – medium standard 1,400 1,080 1,000 1,000 1,391 Apartments – private medium density 1,750 1,500 1,375 1,350 1,878 Apartments – high rise 1,800 1,650 1,525 1,500 2,086 Aged care/affordable units Commercial 2,500 2,000 1,850 1,825 2,538 Offices – business park 1,750 1,300 1,200 1,175 1,634 CBD offices up to 20 floors – medium 2,500 1,950 1,800 1,775 2,469 CBD offices – prestige Warehouses 3,750 2,950 2,725 2,675 3,720 Warehouse/factory unit – basic 650 550 500 500 695 Large warehouse distribution centre 1,100 975 900 875 1,217 High-tech factory/laboratory Retail 1,800 1,650 1,550 1,525 2,121 Large shopping centre including mall 2,950 2,500 2,300 2,250 3,129 Neighbourhood including supermarket 2,950 2,200 2,025 2,000 2,782 Prestige car showroom Hotels 3,250 2,900 2,675 2,650 3,686 Three-star travellers 2,000 1,700 1,575 1,550 2,156 Five-star luxury 3,300 3,000 2,775 2,750 3,825 Resort style Hospitals 2,450 2,200 2,025 2,000 2,782 Day centre 3,000 2,400 2,200 2,150 2,990 Regional hospital 4,500 3,500 3,225 3,175 4,416 General hospital Schools 4,500 3,500 3,225 3,175 4,416 Primary and secondary 1,230 1,230 1,125 1,050 1,460 University Carparks 2,500 2,200 2,035 1,975 2,747 Multistorey – above ground 570 570 525 500 695 Multistorey – below ground Airports 960 960 875 875 1,217 Airport terminal 4,300 3,900 3,600 3,500 4,868 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
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