Note: Scheduling is a part of project planning.
FAR - Floor Area Ratio
The
quotient obtained by dividing the combined covered area (plinth area)
of all floors, excepting areas specifically exempted under these
regulations, by the total area of the plot.
FAR - Floor Area Ratio
The aspects that govern in specifying FAR, some of them being:
- 1. Occupancy class
- 2. Types of construction
- 3. Width of street fronting the building and the traffic load
- 4. Locality where the building is proposed and the density
- 5. Parking facilities
- 6. Local fire fighting facilities
- 7. Water supply and drainage facilities
Floor Area Ratio = Total covered Area/Plot Area
The rate of particular item of work depends on the following:
- 1. Specifications of works and material about their quality, proportion and construction methods.
- 2. Quantity of materials and their costs.
- 3. Cost of labours and their wages.
- 4. Location of work
- 5. Conveyance charges.
- 6. Overhead charges
- 7. Profits of contractor, consultant and other parties involved.
Revised Estimte
- The
revised estimate is a detailed estimate for revised quantities and the
rate of items of works originally provided in the estimate without
material deviation of a structural nature from the design originally
approved for a project.
It is required to be prepared for the following reasons:
- i)
When a sanctioned estimate is likely to exceed by more than 5% either
from the rates being found insufficient or from cause whatsoever except
important structural alteration.
- ii) When the expenditure of
works exceeds or is likely to exceed by more than 10% of the
administrative approval (for work more than ₹5 lakhs/-)
- iii) When there are material deviations from the original proposal but not due to the material deviation of structural nature.
- iv) When it is found that the sanctioned estimate is more than the actual requirement.
Capitalized value of property
- The
capitalized value of a property is the amount of money whose annual
interest at the highest prevailing rate of interest will be equal to the
net income from the property. To determine the capitalized value of a
property, it is required to know the net income from the property and
the highest prevailing rate of interest.
Detailed estimate:
- A detailed estimate should have documents such as report, specifications, drawings/plans, design charts and schedule of rates.
- Factors
such as, material quantity, transportation of materials, location of
site, labour charges, cost of equipment (commonly allowed: - 2% of the
estimated cost), overhead charges (commonly allowed: - 2% of the
estimated cost), contingencies & unforeseen (commonly allowed:- 4%
of the estimated cost) items are needed to consider well while preparing
the detailed estimate.
Plinth Area Estimate:
- Plinth
area estimate can be achieved by multiplying the values of plinth
length, plinth width & plinth area rate. Here the plinth area is
referred as, external plinth area of the building at floor level.
- Simply
it can be also stated as the roof covered area of a building. Plinth
area rate is derived by dividing the total cost of a previously
constructed building by plinth area of the previously constructed
building.
Cube rate estimate:
- This
type of estimate done by multiplying the volume of the building by the
unit cubic rate achieved from the previously (also recent) estimate.
- This
type of estimate is a little bit more accurate than above mentioned
methods and mostly suitable for multi storied buildings.
Preliminary estimate:
- It is also called budget, approximate estimate. This type of estimate is prepared in the initial stage of a project.
- To
give a clear idea to the owner (client) about the amount of cost needed
for the project and to get the approval from necessary sanctioning
bodies.
Scrap Value:
- Scrap
Value is the sell value of dismantled materials of an asset at the end
of it’s useful life. Scrap Value is counted in the calculation of
depreciation of a property, generally @10% of the cost of the Structure.
Salvage value:
- Salvage Value is the Estimated Value of an asset without dismantling it at the end of it’s useful life.
Book Value:
- Book
value is the amount shown in the account book after allowing necessary
depreciations. The book value of a property at a particular year is the
original cost minus the amount of depreciation allowed per year and will
be gradually reduced year to year and at the end of the utility period
of the property, the book value will be only scrap value.
Market Value:
- The
market value of a property is the amount which can be obtained at any
particular time from the open market if the property is put for sale.
The market value will differ from time to time according to demand and
supply.
Rateable value:
- It
is the net annual letting value of a property, which is obtained after
deducting the amount of yearly repairs from the gross income.
Annuity:
- It is the annual periodic payments for repayments of the capital amount invested by a party.
Capitalised value:
- It
is the amount of a money whose annual interest at the highest
prevailing rate of interest will be equal to the net income from the
property.
Estimation of wet volume of concrete
- The yield of concrete per bag means we have to find a wet volume of concrete
- For M20, 1 : 1.5 : 3
- In the above ratios, 1 represents cement, 1.5 represents sand, 3 represents aggregate.
- ∴ Sum of ratio = 1 + 1.5 + 3 = 5.5
- Volume of cement =1 / sumofratio × volume of concrete
- The volume of one bag of cement = 35 litres = 35 × 10power3 m3
- The volume of wet concrete = (2/3) × volume of dry concrete
The long wall and short wall method
- In
long wall and short wall method, the wall along the length of the room
is considered to be long wall and the wall perpendicular to the length
of the room is considered to be short wall.
- To get the
measurement of materials and work, length of long wall or short wall,
centre line lengths of individual walls is calculated first. Then the
length of long wall, (out to out) may be calculated after adding half
breadth at each end to its centre line length.
- Thus the length
of short wall measured into in and may be found by deducting half
breadth from its centre line length at each end. These lengths are
multiplied by breadth and depth to get quantities.
- The length of long wall usually decreases from earth work to brick work in super structure while the short wall increases.
Administrative approval:
For
any project by the department, an approval or sanction of the competent
authority with respect to the cost and work is necessary at the first
instance. Thus administrative approval denotes the formal acceptance of
the proposals for incurring expenditure by the concerned administrative
department.
Technical sanction:
It means
the sanction and order by the competent authority of the department to
the detailed estimate design calculations, quantities of work rates and
cost of work. After the technical sanction of the estimate is received
the work is then taken up for construction.
Expenditure sanction:
It
means the concurrence of the Government to the expenditure proposed in
cases where this is necessary. In all other cases the act of
appropriation or re-appropriation will operate as sanction to the
expenditure concerned.
- Generally, 0.6 m is taken as the distance from the external walls and 0.8 m is the gap between piles.
Area of one cement bag = 0.3 m2
Height of one cement bag = 0.15 m
No. of bags = Space for cement/Volume of one cement bag
Different methods to calculate depreciation are as follows :
- a) Straight-line method
- b) Constant percentage method
- c) Sinking fund method
- d) Quantity survey method
Quantity survey method:
- In
this method, the property is studied in details and extent of physical
deterioration worked out in endeavor to calculate the depreciation.
Sinking fund method:
- In
this metho, the depreciation is assumed to be annual sinking fund plus
interest of the accumulated sinking fund till that year.
Constant percentage method:
- In this method, the property is assumed to lose value annually at a constant percentage of its value.
Straight-line method:
- In this method, the property is assumed to lose value by a constant amount every year.
Plinth
area is also called as built-up area and is the entire area occupied by
the building including internal and external walls. It does not include
courtyard area.
Plinth area = Builtup area - Courtyard area
The approximate cost of the complete labor as a percentage of the total cost of the building is 25 % or 0.25.
The percentage breakup of total cost of building is as follows:
:
Type | Material cost (in % of total cost) | Labour cost (in % of total cost) |
Residential Building | 60 – 70 | 25 – 35 |
Industrial Building | 65 – 75 | 20 – 30 |
The
total cost of building also involves cost of casualty, material hike,
environmental conditions, delays, insurance etc. which constitutes 5 -
10 % of the total cost.
Approximate construction cost estimates
- Plinth area method,
- Cubical contents method and
- Unit base method are approximate construction cost estimates:
Plinth area method:
- Cost of Construction = Plinth Area * Plinth area rate
- Here, area is measured using outer dimensions of the buildings.
Cubical Contents Method:
- 1. Relevant for multi-storeyed buildings.
- 2. Cost of Construction = Volume of Buildings * Local Cube Rate
- 3. It is more accurate than plinth area or unit base method.
Unit Base Method:
- 1. Cost of Construction = Total no of units * unit rate of each item
- 2. For schools and colleges, the unit is ‘one student’ and for hospital, th e unit is ‘one bed’.
For 1 m3 volume of brick work, the bricks required are 500.
Mortar needed = 1 – 500 × 0.19 × 0.09 × 0.09 = 0.23 m3
Add 15% extra for frog filling and wastage
Volume of wet mortar = 0.23 × 1.15 = 0.265 m3
1 m3 of wet mortar = 1.25 m3 of dry mortar
0.265 m3 of wet mortar = 0.33 m3 of dry mortar
Dry mortar as a percentage of brick work = 33%
Materials for different item work:
:
1 | Bricks used for brickwork (20 cm × 21 cm × 10 cm) | 500 Nos. for 1 cu.m |
2 | Dry mortar for brickwork | 33% of the volume of brickwork |
3 | Dry mortar for rubble stone masonry | 42% of the volume of stone masonry |
4 | Volume of dry concrete | 1.54 times the volume of wet concrete |
5 | Volume of dry mortar | 1.25 times the volume of wet mortar |
6 | Dry mortar for 12 mm plastering | 2 cu.m for 100 sq.m |
- The yield of concrete per bag means we have to find a wet volume of concrete
- For M20, 1 : 1.5 : 3
- In the above ratios, 1 represents cement, 1.5 represents sand, 3 represents aggregate.
- ∴ Sum of ratio = 1 + 1.5 + 3 = 5.5
- Volume of cement volume of concrete
- The volume of one bag of cement = 35 litres = 35 × 10-3 m3
- The volume of wet concrete = (2/3) × volume of dry concrete
- The
leaseholder is known as the lessee and holds the physical possession of
the property for a definite period under terms and condition specified
in the lease document.
Other forms of the lease are as follows:
Building Lease:
- In
this type of lease, the owner of a freehold open plot of land let out
his land to the lessee on an agreed amount of premium or ground rent or a
combination of both.
- The leaseholder may
then erect a building over there up to a specified amount and within a
specified time and he maintains the property and can reside or earn
income through such property.
Occupational Lease:
- In
this type, the lease is granted against premium or rent or a
combination of the two by an owner of property consisting of land and
building or other structures for occupancy for a fixed period to another
person.
Sublease –
- A
leaseholder may render sub-lease of his leasehold property to other
persons subject to the terms and conditions in the original lease and be
allowed by Local regulations or Court of Law.
Perpetual Lease –
- When
the lease of a property is given for a number of years providing a
condition that lease is renewable time to time, even for endless time
according to the desire of the leaseholder.
Long Term Lease
When
a lease is granted for a period of 99 years, it is known as long term
lease and when it is for 999 years it is said to be perpetuity or for an
endless duration.
Short Term Lease
- A
short-term lease generally refers to a lease with a duration of fewer
than six months. Often, they are based on a month-to-month rental
agreement, which may or may not is renewed at the end of each month.
the annual sinking fund
Annual sinking fund (I) is given by:
I=Si(1+i)n−1
Where,
S = total amount of sinking fund to be accumulated
i = rate of interest
n = number of years required to accumulate the sinking fund
Materials for different item work:
1 Bricks used for brickwork (20 cm × 21 cm × 10 cm)500 Nos. for
2 Dry mortar for brickwork
- 33% of the volume of brickwork
3 Dry mortar for rubble stone masonry
- 42% of the volume of stone masonry
4 Volume of dry concrete
- 1.54 times the volume of wet concrete
5 Volume of dry mortar
- 1.25 times the volume of wet mortar
6 Dry mortar for 12 mm plastering
Different method for approximate estimation
of construction projects are as follows:
Plinth area method:
- The
cost of construction is determined by the multiplying plinth area with
the plinth area rate. The area is obtained by multiplying length and
breadth (outer dimensions of the building).
- ∴
The estimate prepared on the basis of the built-up covered area at the
floor level of any storey of a building is known as plinth area
estimate.
Cubical Contents Method:
- This
method is generally used for multi-storeyed buildings. It is more
accurate than the plinth area method and unit base method.
- The
cost of a structure is calculated approximately as the total cubical
contents (Volume of buildings) multiplied by Local Cubic Rate.
Unit Base Method:
- According
to this method the cost of the structure is determined by multiplying
the total number of units with a unit rate of each item. In case schools
and colleges, the unit considered to be as 'one student' and in case of
a hospital, the unit is 'one bed', the unit rate is calculated by
dividing the actual expenditure incurred or cost of a similar building
in the nearby locality by the number of units.
Lintel
A
lintel is a beam placed across the openings like doors, windows etc. in
buildings to support the load from the structure above. The width of
lintel beam is equal to the width of wall, and the ends of it is built
into the wall.
The bearing provided should be the minimum of following 3 cases.
- • 10 cm
- • Height of beam
- • 1/10th to 1/12th of span of the lintel
The lintel based on material may be classified as following:
Timber Linter, Steel Lintel, Stone Lintel, Brick Lintel, Reinforced Lintel, etc.
Center line method
- In
this method of estimation, the total centerline length of walls in a
building is first calculated, then the center line length is multiplied
with the breadth and depth of the respective items to get the total
quantity at a time.
Deductions
- L Junction - There is no need to deduct from total centreline length.
- T Junction - Half (1/2) breadth wall measurement should be deducted for a T junction.
Valuation
- The technique of finding the fair price of an existing building or property is known as valuation.
- Valuation
of property is done to work out the amount of fair rent of a building,
buying or selling of the property, etc., especially when it is
requisitioned by the government or semi-government organization.
- Future value of the property cannot be determined by valuation.
There are generally six methods of valuation:
- Rental Method of Valuation
- Direct Comparisons of the capital value
- Valuation based on the profit
- Valuation based on the cost
- Development method of Valuation
- Depreciation method of Valuation
Valuation of a property may be prepared by different methods as follows:
- a) Rental method of valuation ⇒ Suitable for a property with the new building
- b) Land and building method of valuation ⇒ Suitable for special purpose properties such as schools, police stations, etc
- c) Capital value method ⇒ Suitable for open land, clubs, out homes, etc
- d) Profit-based valuation ⇒ Suitable for shops, hotels, cinemas, etc
- e) Development method of valuation ⇒ Suitable for an underdeveloped property
- f) Amortisation method ⇒ it is based on dynamic allocation table.
Floor live load and Roof live load
- The
nature of roof live load is different from that of floor live load so
the approach to reducing roof live load is different from that used for
floor live load.
- The requirement is presented in ASCE 7-05 4.9.
- The
commentary in ASCE 7-05 C4 about roof live load reductions explains the
anticipated difference in the use of roof areas vs. floor areas.
- The
reduction formula has two reduction terms: One for the tributary area
supported by the structural element (R1) and the other for the slope of
the roof surface (R2).
- R1 is formulated in such a way that
there is no reduction for tributary areas less than 200 sqft and is
maximum when the tributary area reaches 600 sqft, varying linearly in
between.
- Formula can be written as: R1 = max[min(1.2 - 0.001 × At, 1), 0.6]
- R2
is formulated in such a way that there is no reduction for the roof
with slopes that have a slope ratio of 4:12 or less. It is maximum for
slope ratios of 12:12 or greater.
- Formula can be written as: R2 = max[min(1.2-0.05F, 1), 0.6]
- Where "F" is the rise in the slope ratio F:12.
- This
slope reduction method for roofs assumes a normal roof that is not
expected to have any significant occupancy. If the roof has such an
occupancy, then the area reduction for roof live loads may not be taken.
FAR - Floor Area Ratio
The aspects that govern in specifying FAR, some of them being:
- 1. Occupancy class
- 2. Types of construction
- 3. Width of street fronting the building and the traffic load
- 4. Locality where the building is proposed and the density
- 5. Parking facilities
- 6. Local fire fighting facilities
- 7. Water supply and drainage facilities
∴ Floor Area Ratio = Total covered Area/Plot Area
Note:
- Grouting refers to the injection of pump able materials into a soil to change its physical characteristics.
- It is generally a mixture of water, cement and sand.
- Grouting
of cracks, joints, etc. is measured in meter whereas bituminous
grouting of road metal cement grouting of concrete is done in a square
meter.
- Bituminous road surfacing is done in square meter.
- Pitching of brick is done in cubic meter.
Deductions
related to plastering are as follows:
- For small opening up to 0.5 m2 area, no deduction in plastering is made.
- For opening of size 0.5 m2 to 3 m2 area, deduction is made on one face of the wall.
- For
openings of size above 3 m2, deduction is made on both faces of the
wall, but the area of sill, jamb and soffits of the opening is added.
There are many other clauses in IS Code such as:
- 1. If both sides of wall are plastered with a different mix
- 2. If only one side of the wall is plastered and other side is not
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