HOME CONSTRUCTION CONTRACT BE WITH MATERIAL OR LABOUR ONLY | How to save money | Ghar Plans Pakistan
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- เผยแพร่เมื่อ 4 ต.ค. 2024
- Should the contract of house construction of your house be done with the contractor on Material plus labor or should only labor contract be awarded to the contactor. In this video of Ghar Plans PK, we will tell you how to save money in house construction and real estate buying. Also we will guide you how you can save yourself from frauds in Real Estate and Construction Industry.
We will split this video in three parts:
Firstly, we will tell you about Grey Structure that should you do that contract on Material and Labor or should you only give contract on Labor.
Secondly, we will tell you about Finishing contract that how you should go about it
Thirdly, we will share a tip with you which will be highly beneficial for overseas Pakistanis which will help them in reducing the costs and getting good quality in construction material.
First of all we will discuss about grey structure. For grey structure my recommendation is that you should opt for with material contract and give this hassle to Contractor. Inflation in our country is very high. Contractors do try to incorporate this inflation but normally we have seen that inflation in construction industry has been very high in the past 2 years and the trend is expected to persist. On average there is 20% inflation every year. Just to give you an example, Steel Prices in Pakistan was Rs. 116 per kg in January 2021 whereas the Steel Price is Rs. 180 in September 2021. Due to COVID, there has been disruptions in supply line and that has triggered the rates of building material to go up.
I would like to share a business secret with you as well. Ghar Plans Pakistan is in construction business and we have made loses on all projects where we had Material plus labor contract whereas we have earned on labour only contracts.
Risk mitigation is a good strategy and by doing this you will mitigate your risk to some extent. On the other hand, be sure that the contractor is reliable and he doesn't reduce the quality of material or doesn't run away.
Some other reasons which i will like to share in order to tell you that with material contract is a better option for grey structure:
1. You don't get material on the same rates on which contractors do get material
2. Contractors do incorporate inflation but due to market competition they are not able to incorporate as much. Some of the contractors have tried to hedge themselves on inflation and price increases but still you will find fixed contract rates in most of the cases.
3. Material buying is as big a hassle in Pakistan as Labor Management is so you get rid of it as well.
4. You don't have to worry about material pilferage and material stealing
5. You tend to save the costs of Chaukidar.
Now lets move on to finishing:
In case of finishing you have to visit the market yourself and select the items. For most of the items you have to visit the market and when you are visiting the market, you can like the product of any shop. Now it is not likely that contractor might be getting deal from that shop as it is not possible to get deals from all the shops. You can negotiate the prices with those shops and then you can tell it to the contractor. If the contactor can get it cheaper from the same shop, you can share the margins but if the contractor can't get any better discounts, you should procure it yourselves.
Secondly, if you do a contract at the start or at the beginning, most of the contractors will mention the prices of the materials and if the prices of the materials increases, all the costs will go to you as you will be now buying a cheaper product. I will just give an example over here. Lets say you have decided that you are going to buy a tile of Rs. 3,000 per meter, by the time you are searching for the right product, the price of the tile which was at Rs. 3,000 at the time of contract has gone to Rs. 3,500 you will have to choose from the tiles which were cheaper at that time.
TIP FOR OVERSEAS PAKISTANIS:
Whenever you plan to make a house, you do visit Pakistan regularly so do bring some things in your baggage and put them in house. If you can't bring all those things, you can ask your friends when they are coming to bring them to Pakistan and gradually you can store them over here. Some of the products which you will not find of very high quality in Pakistan and if you will find them in Pakistan, you will find them at a relatively very high prices and there wiull always be a doubt that those products are fake or not. Following is the list of those products:
Switches and Sockets
Door Locks and handles
Wall Lights
IKEA products for your kitchen
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One thing I like about you,that you don't waste time,start talking about the subject right away,not like some people who,kill your time ,on too much explanation,and irrelevant ,talk.
True
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You may use fwd button to solve this
زبردست معلومات فراہم کی ہیں آپ نے. شکریہ. بہت سے لوگ ویسے ہی ویڈیو میں ٹائم ضائع کر دیتے ہیں. ٹو دی پوائنٹ بات نہیں کرتے. آپ کے سمجھانے کا انداز بہت پسند آیا
الحمدللہ اپنے گھر کی تعمیر شروع کرنے کا ارادہ ہے آپ کے تمام ویڈیوز نہایت فائدہ مند ہوتی ہیں اس ویڈیو میں بھی آپ نے بہت ہی اہم معلومات کو ہم سے شیئر کیا اللہ رب العزت آپ سے راضی ہو
buhat buhat shukariya. Allah aap ko kamyaab kare
Your call nomber
Oversease k lye ap ki vidios boht mofeed hoti hn
Allah Is Power Allah Is One Allah Pak Sb Koh Hamesha Khush Rakhy
buhat buhat shukariya
I really appreciate your work .I want to know if you can plz do a program on class A ,B and C construction regarding materials e.g which company steel you use in A ,B ,C same way which cement ..bricks you used in class A and B,C construction .this will really help in understanding construction thank you
Sir we have already done a video on it
Thanx sir bht acha gide kia hm apna ghr bnany ka soch ry hain bahawalpur me 6 mrla ka or me Bht din se confused the k thekedar hair kren ya deli besise py leber mzdoori de k bnwaen but ap ka bht bht shukria and jazakallah
بہت زبردست ویڈیو ہے۔ میں اس معاملے میں بہت پریشان تھ۔ا۔ آپ نے میری مشکل حل کر دی۔ ۔ جزاک اللہ ۔ باقیوں کے لیے دونوں طریقوں میں کتنی بچت ہو گی یہ بھی بتا دیں تاکہ اس فرق کو مدنظر رکھتے ہوے فیصلہ کرنے میں اسانی ہو۔
Sir your language is very sweet. And your personalty is very good. Jazakallah
So nice of you
Without material contract…. Is that best policy doesn’t matter Grey structure or finishing
Exceptionally outstanding,
Much appreciated
☀️☀️☀️☀️☀️☀️☀️
Thanks and God bless you
Highly appreciated. The last segment is very important and I bookmarked it.
thank you so much for liking
ماشاءاللّہ زبردست 👌❤
buhat buhat shukariya
Achi Video Hai Like Kary Share kary aur Comment Kary
Thank you so much
Your advise for overseas Pakistani is very good and no need to take things in baggage just buy that and cargo. Here in saudi arabia lots of people send stuff from here in just 3.5 riyal per kg. Home to home service with insurance.
Excellent
جزاک اللہ، ،،
آپکی اس ویڈیو کی مناسبت سے میں ایک چیز خاص طور پر ایڈ کروں ، وال سوکٹ کی Back Box پاکستان کے ہی استعمال کریں کیونکہ وہ Deep گہرائی والی ہوتے ہیں اور یورپ کی کم گہرائی والی ہیں جس سے تاروں کو سمیٹنا مشکل ہو جاتا ہے اسکی وجہ پاکستان میں کافی لائیٹیں ہوتی ہیں اور یورپ میں ایک یا دو۔ لیکن ایک سوکٹ یورپ سے بھیج کر وہاں کے box کا سائیز ضرور چیک کر لیجیے گا یا وہاں سے منگوا کر چیک کر لیں اور ہاں یورپ میں آپکو زیادہ سے زیادہ 3 یا 4 بٹن والا سوکٹ ملے گا۔ 👍
اس بندے کی سنیں ضرور لیکن اپنے دل دماغ سے سوچیں ضرور۔ہر پروگرام میں اس نے اپنا مفاد ضرور رکھا ہوتا ہے
Your videos r always v informative masha Allah
Keep it up 🏡🏠🏠🏠
Great really telling truth
Thanks
ماشاءاللہ بہت ہی عمدہ باتیں کی ہیں آپ نے۔🗼
buhat buhat shukariya
Very helpful video thanks 😊
Thanks for watching
th-cam.com/video/wgMpOc8tgtw/w-d-xo.html
Electrical switches price in Sharjah Rolla electrical hardware shop
LEGRAND(china) 4Gang Switch 2000Rs ,2Gang 1300Rs , Panasonic (Thailand ) 4Gang 3000Rs ..... Very expensive !
I worked out , it's very expensive !
Sanitary Grohe prices are less in Pakistan than in Sharjah
Very honest opinion specially for overseas pak
Very useful information totally agree with you being construction civil engineer.
Glad you liked it
VERY NICE
VERY POSITIVE FEEDBACK
THANKS REGARDS
MashaAllah v informative video JazzakaAllah
Jazak ALLAH khairan
It Great Helps for property consumer sale & purchase
بہت اچھی مدد کررہے ہیں آپ لوگوں کآ لیکن اگر زیادہ الفاظ انگریزی میں نہ بولتے تو بہت بہتر ہوتا کیونکہ اکثر غریب لوگ انگریزی نہیں سمجھتے. اور مالادار لوگ اتنہ باتوں پر دھیان نہیں دیتے.
koshish poori karta houn ke kaam se kaam boloun. Thank you for your advice
Very professional , informative and summarized video 👍👍
Glad you liked it. Thank you so much
This video gives us useful information. very nice 🙂👍 and helpful.thanks alot for this video.your advice is superb.
Very nice vedeod
Very inforjmative.
What is your Rate for one kanal Single Story Gray Structure?
Very informative vdo hats off👒 👏 plz guide that what brands or qualities are preferable to be included in a grey structure with materials contract. Like cement, iron & steel, bricks etc.
Thanks allot
Good information
Thanks a lot its really helpful.. and we as an overseas Pakistani really needs these tips. Kindly share more informative videos
Good job
جزاک اللّہ خیر آپ کو اللہ تعالیٰ سلامتی دے
buhat buhat shukariya
Very well explained
آپ نے کہا کہ ٹھیکہ میٹیریل کے ساتھ دینا چاہئے میرا خیّا ل ہے غلط ہے کیونکہ ٹھیکیدار نے نقصان کسی صورت نہیں اٹھانا وہ ہلکا میٹیریل لگائے گا ۔۔۔۔
You're doing Sadqa e jaariya surely. May ALLAH Bless you, Aameen.
Thanks a lot
Very well explained so nice of you Sir stay blessed 🙌
Thanks a lot
Very very thanks
very nice video.
Good
Thanks
MashAlla informative & help ful video.
Thank u
اللہ کی قسم کبھی بھی میٹیریل کے ساتھ کسی فرشتے کو بھی کنٹیکٹ نہ دیں ۔اگر کوئی ایسا مشورہ دے اس سے بڑا کوئی چور نہیں ہو گا۔
Ha ha ha,
kuch nai hota bs thori himat aur dil bara kerna perta hai
Allah sab chouron ko poochey... Ameen
Especially hashmat contractor and his sons bahria Lahore...
Very true and proper approach, good effort 👍....
could please give rate per Sqft of labour rate (include all works like complete grey structure + electricity and pluming installation with accessories , grill, and gate installation, tiles and marbles fixing)
EXCLUDInG: Doors, ceiling, painting, windows installation.
what would be the Labour rate in this scenario in Fazia housing Scheme Lahore?
Good and reasonable question, if u found all theses reply pls infrom me bcz I want to build house works without material, only manage all things with owner at labour rate.
Good information sir 👍
MashahAllah excellent
Bahut Aala Sir...
buhat shukariya
Overseas Pakistani here thanks for the video , soon i will take your services
Johar town
❤
Very nice Sir.
Thank you so much
Thnx
Kindly make one video on how banks are dealing in case of constructing the houses under Mera ghar loan schemes. Bank says that they have a list of some good construction companies and we have to choose from the given list. Kindly guide us about the positive & negative both sides of constructing our house through that procedure under #Mera_ghar Loan scheme.
Productive
Best material k sath agar 125 yards per thameer karani ho. Aaj se 1 maheene k ander. Tau sq foot ho ga with matarial.
Steel Mills need Billets, instead they use scrap...to make Rebar Grade 40... Anyways.. I will definitely go for Without material, because I know market better than contractor..
Thanks sir . Very good information .
You are most welcome sir
Very good topic and lecture
Thank you so much
Excellent video...kindly guide if we can purchase material and store it for a future house building eg surya..cement ..bricks etc.
Nice informative vedio
Very useful and informative video .
Jazak Allah khairan kaseera!
very useful information, God bless you
Sir....kindly tell me total cost with finishing all A class house co struction in sector 1/14 islamabad for 8 marla plot 30×60
Thanks Jazak ALLAH
Sir, Merial ka contract dene k baad kya pata lage ga kya lagaya contractor ne ,quality ko kese make sure karein agye
Very nice information
Thank you for providing valuable info
Well suggested .
Sir
prices rises should Must base like other item's?
Business all conversation to property
Jumping business in day's?
Yes construction cost has increased immensely
Very good 👍
UMDA 👍🏼
السلام علیکم
اگر ہم میٹیریل کے ساتھ ٹھیکہ دے رہے ہیں تو میٹیریل کی کوالٹی کی گارنٹی کیسے ملے گی؟ یعنی کہ ٹھیکیدار اے کوالٹی کا ہی میٹیریل لگائے یہ کیسے ممکن ہو سکے گا؟
شکریہ
Secondly I will make contract myself, not to fall for second party traps..
No doubt 60% prices will rise per year of everything from 2018 Materials costs rises to build Home
Masha Allah great job and keep it up
Thanks a lot
How much required to build home 5 marla ?
How much it will cost me
Great Info
With Material contract is best option nowadays..You can save your time..
Yes it does
Aslamu alikum bhai kia hal he
Bhai mere pas 18×38 carnir plot he lahore me me with mtirial banwana chahta hu to aj 20july2022 he t0aj kal gray stecchar with mtirial kia price he aur finish with mtirial kia price he rahnmai kejy shukria
Like electrical or plumbing infrastructure
nice
Thank you so much
Thank you so much for this information
Aoa
Very very informative,do you have any construction company?
Salam bhai jee . Plz roof top garden k bary main video banhain....
MashaAllah 💖
Aoa kya rate hy gray structure ka.well explained thx a lot.
Jazak allah sir🎖
Wonderfull and full of bundle information.
Kindly tell us whats grey structure rate with A quality material.
I would never recommend to hire Contractor ( most of them are looters) with material even for Grey structure. I did it and repenting.
Contractors can't even think about lose, my contractor ( looter) had hidden charges.
At least avoid with the contractors who have beautiful websites.
Contractor hashmat also a big looter and fraud.... May Allah Paak ask him for his dhoka and wrong doings and 2 number kaam. Ameen
Nice work
Thank you so much
Hats off to you for this effort
Thank you so much
Assalam o Alaekum
Very nice videos carrying much information ...
Could you please make a video on designing a small prayer room in 1 kanal house...
Thanks