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Cost Effects on Multi-Storey Buildings in India

Author

Listed:
  • Dr. P. K. Garg

    (Head of the Department of Commerce, M. M. Modi College, Modinagar)

  • Richa Agarwal

    (Research Scholar, Department of Commerce, C.C.S. University, Meerut)

Abstract

The development of multi-storey building construction projects is a complex task which needs not only adequate planning but also requires heavy financial resources. In the big cities, multi-storey building projects are developed as a township where builders have to provide all the necessary amenities to the customers from school to markets, parks, hospitals, community hall, temples, swimming pools, playgrounds etc. Due to these reasons the cost of these projects remains very high. As per the question of cost effects on multi-storey buildings, several factors affect the cost of construction from selection of geographic location to intervention of outside-agencies like government, competitors, suppliers of material and so many others. These factors affect the cost of multistorey building construction in both sides to a large extent.

Suggested Citation

  • Dr. P. K. Garg & Richa Agarwal, 2018. "Cost Effects on Multi-Storey Buildings in India," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 13(2), pages 72-76, October.
    • Handle: RePEc:jct:journl:v:13:y:2018:i:2:p:72-76.
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    More about this item

    Keywords

    Cost Effects on Multi-Storey Buildings; Financial Resources; Construction.;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction

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