Build | Construction

1. Time to Construct

This is a very important factor as this will affect the overall cost of the building. Time to construct should be less than 12 months. Investment starts from the day we buy land or start planning, and as it takes more time to start earning from the facility, the more interest cost/ opportunity cost we incur. Thumb rule costing is, on Land: 20 %, Building 50 %, and Equipment 30 %. So, taking 100 % Upfront investment in Land and a time to build 12 months with spending spread equally over 12 months on building, keeping equipment out of this calculation (as most of it is bought at the end of construction), Interest cost per sqft of build-up space will be around 300 rs/ sqft if the construction is completed in 12 months. Hence, if the construction times stretch to 2 years then it will be around 600 rs/sq ft.

Time to construct can also be important from a “first-mover advantage” point of view. Say, first one in the region to have a cardiology hospital, or radio oncology (cancer hospital).

2. Quality of Construction

Not to emphasize on the need to maintain quality, which ultimately reduces maintenance cost, gives a superior patient experience and increased building life.

3. Do it right First Time

As hospitals are complex building especially with the utility services like Electrical: have to run 3 different power supplies (Grid, generator, and UPS to critical equipments), Plumbing lines (DM water for Dialysis, RO for Drinking, general use water) and sewage lines to STP any in some area require to recirculate treated water for reuse, Medical gas & Vacuum lines, Communication lines (telephone, LAN, CCTV), Fire lines, Central Ducting system. There are a lot of coordination issues, and most of the time involves breaking and rebuilding. It is observed that on an average 2 % of the cost goes in breaking and rebuilding. Many times some utility is completely missed and added once the hospital starts. Not to highlight time overrun due to this.

Our Experienced team will help save on these wastages and bring down overall cost and time to go live. Hospital Turnkey Project Management Company.

4. Specialist Team for Specialized work

We have a dedicated team for Civil, Electrical, HVAC, Medical Gas, Fire, and other services, with an overall Project manager for coordination and quality assurance persons. With our experience of over 10 years and a number of hospitals constructed, the team has been well trained on hospital requirements. With experience, the team is well coordinated to build a hospital, faster, better finished, and no rework.

5. Cost to Build

We are very affordable in construction, tentative cost breakups on different heads are as follows:-

• Basic Building (as typically an apartment builder Gives) 1800 Rs / Sq ft
• Fire fighting arrangements (as per NBC 2016) 100 RS/ Sq ft
• False ceiling (due to lot of services it is advisable to put false ceiling) 75 Rs/Sq ft
• HCAV (central Duct, to lower the cost we can place VRV splits also) 300 Rs/ Sq ft
• Building Façade (to make it attractive, don’t do too much) 100 Rs/ Sft
• Area work (internal roads, boundary, etc) 100 Rs/Sqft
• Medical Infra (Nurse call, Lan, Telephone, Medical gas, Vacuum +) 100 Rs/Sft
• Interiors ( fixed furniture, soft furnishing) 300 Rs / Sft
• Building equipment (Lift, Transformer, DG, STP) 125 Rs/ Sqft
• Medical Furniture (Beds, OT table, Ot light, Bedside cabinet) 200 Rs / Sqft

Total 3000 Rs for all the items, many people ask what it cost to build a hospital, but the catch is in the line items explained above. As mentioned we have to build an average 550 sqft per bed, so a 100-bed hospital will have to have 55000 Build up area and @ 3000 Rs it will cost 16.5 CRS, add to it various medical equipment like CT scan, Path, OT, etc.