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Real Cost of Construction in NCR 2026 — What Land-Owners Are Actually Paying
Prakhar Jain · Sr. Cost Consultant· 8 Feb 2026 6 min read
The headline number: ₹1,750 – ₹3,500 / sq.ft
Rate depends on tier (Standard/Premium/Luxury), city (Gurugram premium ~15%, Faridabad flat, Bengaluru +5%) and site conditions. Ziloxis fixed-price contracts lock this on day one — zero cost overrun.
Material inflation trends (Feb 2026)
Steel (TMT) is ₹68-72k/tonne. Cement (Ambuja/ACC) ₹380-410/bag. Import wave from Türkiye softened Italian marble prices ~8%. Kohler/Jaquar sanitaryware stable.
Hidden line-items to negotiate
Boundary wall (usually excluded), plinth (excluded), landscaping, water tank sizing, and 5-year defect liability warranty extensions. Get every one of these itemised in your BOQ.
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