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  Ashwin Pai - EngineerUpdated on 11/23/2010  
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Qn regarding Cost Of construction

Hi, I been taken an estimate from a builder in Chennai regarding our house construction of 1200+1400(1st). He has given a quote of 30. When I tried using the cost estimator, I saw that the cement and other material costs are way too lower than the prevailing rates. In spite of increasing the commodity rates, I still landed up with 22lacs maximum. My question is: What is the minimun % of marg.
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