What is the cost of a warehouse ?
Building a warehouse is a significant investment – but it’s one that can pay off handsomely in the long run. Of course, Warehouse construction cost is not a one-time expense; there are ongoing costs associated with owning and operating a warehouse, such as property taxes, insurance, and utilities.
Warehouse construction cost also depends on its size, location, and features. For example, a warehouse that is located in a high-crime area will likely have a higher security budget than a warehouse in a low-crime area.
In this article, we will explore the various factors that impact the Warehouse construction cost. We will also provide a few tips on how to keep your costs down when building a new warehouse.
The Warehouse construction cost depends on:
- Specifications and Grade of building/ structure
- Location where the warehouse is to be built (For example Ahmedabad is where the costs are the lowest and Chennai is where the costs are the highest)
A synopsis on the approximate all-inclusive costing is below:
|Location||Grade (Specification)||Cost per square foot (turnkey)|
|Ahmedabad||Grade A||Rs 1000|
|Grade B||Rs 600|
|Chennai||Grade A||Rs 1600|
|Grade B||Rs 900|
The costing does not include land filling charges but includes compound wall, common area development costs, GST and plan sanction costs as on 01.02.2021
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