To build one’s home is the dream of most people. But it can be scary at first when you do not know the ins and outs. Without knowledge, it is very easy to lose money unknowingly, and in the construction industry in Mauritius it counts in thousands of rupees! Make substantial savings at each stage of the project while following our guidelines.
In the following lines you will discover the action plan to flatten the budget of the construction, master it and optimize it to make great savings.
Definition of the overall budget
The starting point of the project is defining the budget. All the next steps will depend on this. You will need to consider the following:
- Defining its financial capacity
- Know your budget
- Calculate and reduce notary fees
- Study the price of the entire building
- Estimate the cost of servicing
- Take into account the work to be done
- Anticipating taxes
Find the land at the right price
Afterwards, comes the purchase of the land. A crucial step that will determine your future environment but also trigger the first monthly credit and give you the building possibilities. You will need to consider the following:
- The factors to be taken into account in choosing the right ground
- Tools and services to know the market price
- The tool for price reductions
- The cheapest way to pay a lot
- Good questions for the seller
- The golden rules of trading
- Important things to know before Signing the Sale Compromise
Negotiations with the builder and artisans
Then comes the construction of the house as such, you will then need to properly determine your needs and desires to get the house that fits within your budget. You will need to consider those:
- Define the specifications of his house well
- Lowering the price of the house
- Choose between builder, prime contractor or architect
- Request and select the best quotes
- Start builders, craftsmen and suppliers
- Know how and what to negotiate
- Buy used, rent, recover or sell surplus
- Choosing serious businesses
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