Latest House Construction Cost, Rates and Estimated Time of Completion in Lahore - Pakistan

Latest House Construction Cost, Rates and Estimated Time of Completion in Lahore - Pakistan 

Labour Rate (Without material) Construction Cost 

Rates of Covered Area Rs.240/= to Rs.260/= per square ft.
Basement Rs.320/= to Rs.360/= per square ft.

Masonry work: Rs.25/= per square ft.
Plaster work: Rs.15/= per square ft.
Marble work: Rs.20/= per square ft.
PCC floor before tile / marble: Rs.20/= per square ft.
Excavation with machine (Free if you do not need excavated soil): Rs.2/= per Cft

MATERIAL Rates  
Bricks: Rs.7,500/= for 1000 (Pattoki)
Sand Chanab: Rs.25/= Cft
Sand Ravi: Rs.10/= Cft (Ask for Mehmood Booti area)
Crush Sargodha: Rs.55/= Cft (if you buy directly from crusher)
Steel: Rs.88,000/= per Ton (it includes carriage, loading, unloading of 2000 tons)


Grey Structure Construction Cost (including material)

Rs.1200-1300 per square ft.

What does Gray / Grey structure mean in construction? What is included in GRAY STRUCTURE and what is NOT?

Finished (Turnkey) House Construction Cost

1. Rs.2,000/= per square ft. (Normally Good)
2. Rs.2,500/= per square ft. (Excellent)
3. Rs.2,700/= per square ft. (Luxury)

These rates does not include water tank, septic tank, porch area, main gate, and boundary walls etc.
Moreover Pergola (front elevations) rate are taken as 50% of covered area rate.


Estimated Time of Completion

Generally the contractor would be ready to make a contract to complete a home (up to six months) but practically completion is not possible before 8 months. Labour class goes to their native area and work is fully stopped for at least two weeks on each Eid, Moharram and in April (to take part in wheat crop cutting). In general, labour belongs to same family / area so in some Khushi Ghammi they leave the work and come back only when nothing is left in their pocket.
After understand all these factors I would suggest that one should keep at least 8 months in the mind for completion of a home but the contract should be made of 6 months. If mutually agreed then some plenty should be included in the contract clause in case the responsibility of late lies on contractor and vice versa. There is no harm for decided an appreciation clause if the project is completed before time. This may be Rs.500 per day if the work is late by 15 days and Rs.1,000/= for more period of time.
I understand that this plenty would be only to pressurize the contractor and a moral obligation. It may help in avoiding unnecessary delay in the work.