SOURCED ARTICLE FROM ET WEALTH
The cost of renovation: The cost will depend on the extent of repairs required, the age of the property and the kind of materials you use. The level of customisation that you seek will also have a bearing on the cost. For instance, a modular kitchen which can be fitted with units of standard sizes will cost less than the one that requires odd-sized ones.
Another important aspect that needs to be taken into account is time management. A full-fledged renovation project can last 2-6 months. If you are planning to shift to an alternate location till the house is refurbished, you will also need to factor in the additional rental costs for the time period, the brokerage and the deposit money.
Choosing the right person for the job: Other than the quality of work, your choice of contractor will also determine the financial and emotional stress, so it is important that you research before you finalise who will redo the house. It is important to take in writing the break-up of various costs, the kind of work he will do and the time frame in the budget that he has quoted.
This will help you determine if you need to give the entire project to him or choose several contractors for various jobs in the house. You should also check his past references and the work he has done. This will give you an idea about the quality of his work. Many contractors do several jobs at the same time and leave the task of renovation to foremen. So, you should fix the time limit for completing the job and the penal action in case of delay.
The cost of renovation: Here's a look at six things you can do to modify your existing house and how much it will cost you.
1) Create new space
Options: Cover open spaces like balconies and add partitions in bigger rooms.
Cost: Rs 400-750 per sq ft, depending on the finish.
Best option: Do this to convert a 2-bedroom apartment to a 3-bedroom one.
Another important aspect that needs to be taken into account is time management. A full-fledged renovation project can last 2-6 months. If you are planning to shift to an alternate location till the house is refurbished, you will also need to factor in the additional rental costs for the time period, the brokerage and the deposit money.
Choosing the right person for the job: Other than the quality of work, your choice of contractor will also determine the financial and emotional stress, so it is important that you research before you finalise who will redo the house. It is important to take in writing the break-up of various costs, the kind of work he will do and the time frame in the budget that he has quoted.
This will help you determine if you need to give the entire project to him or choose several contractors for various jobs in the house. You should also check his past references and the work he has done. This will give you an idea about the quality of his work. Many contractors do several jobs at the same time and leave the task of renovation to foremen. So, you should fix the time limit for completing the job and the penal action in case of delay.
The cost of renovation: Here's a look at six things you can do to modify your existing house and how much it will cost you.
1) Create new space
Options: Cover open spaces like balconies and add partitions in bigger rooms.
Cost: Rs 400-750 per sq ft, depending on the finish.
Best option: Do this to convert a 2-bedroom apartment to a 3-bedroom one.
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4) Expand storage space
Options: Built-in storage (woodwork): About Rs 50 per sq ft.
Dual-use furniture: This will depend on your budget.
Minimum storage space: This is usually 6% of the carpet area of the house but can go up to 10%, depending on your needs.
Cost: Nil to about Rs 50 per sq ft.
5) Build a more efficient kitchen: The amount of storage space will depend on the size of the kitchen.
Size: Less than 150 sq ft 1,400 sq inch of frontage*.
Size: 151-350 sq ft 1,700 sq inch of frontage.
Size: Over 350 sq ft 2,000 sq inch of frontage.
Cost (for a 150 sq ft kitchen): Rs 50,000- Rs 2 lakh
* Shelf and drawer frontage is computed by multiplying the cabinet size by the number and depth of the shelves or drawers in the cabinet.
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PL NOTE THESE ARE OLD RATES NEW RATES WILL BE APPLICABLE AS ON THE CURRENT DATE OF RENOVATION EXCEPT FOR THE OFFER IN TOP IN PICTURE.
AISHWARYA RENOVATROS
Interior Designers/Contractors SINCE 2000
Specialised inModular Kitchen Mumbai,Bangalore,Kerala
Mrs Vanita Ravi Kumar 9869042856
Email: vanita014@gmail.com






