The plinth area rate method for estimating building cost is based on:
Choose the correct answer
Volume of the building
Total area covered at the plinth level (floor area) multiplied by the plinth area rate per m2 for that type of construction
Length of external walls only
Number of rooms
Correct Answer
B. Total area covered at the plinth level (floor area) multiplied by the plinth area rate per m2 for that type of construction
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Plinth area = area of building at plinth level (excluding walls, including internal spaces). Plinth area rate (PAR) is obtained from similar buildings in the locality, adjusted for finishes and current market rates. This is a rough method for preliminary estimate with accuracy of +-15 to +-20%.
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