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How Far Can 3million Naira Go In Building A 4 Bedroom Flat - Properties (4) - Nairaland

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Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Nobody: 8:56pm On May 01, 2015
9jatatafo:


What do you mean by please, please and please. You think 3 million naira can raise 4 bedroom, roof and plaster, lay tiles and finish the building? Unless the person don't have taste.

Give it to me as contract, let's do it for you. N3m with tiling..

Without fencing..
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by 9jatatafo(m): 9:00pm On May 01, 2015
segzy14:
Attached is a Design for a Four bedroom bungalow.
The Estimated cost of Erecting such 4 bedroom bungalow is 5,795,467.2 (FIVE MILLION,SEVEN HUNDRED AND NINETY FIVE THOUSAND ,FOUR HUNDRED AND SIXTY SEVEN NAIRA, TWO KOBO ONLY )


Find the breakdown as shown:


The Cost of the Four bedroom bungalow

1. substruture carried to summary 1,120,471.2
2.block and concrete works 913,919.2
3.timber roof members and roof tiles 1,145,583.2
4.doors 403,200
5.aluminium window 156,384
6.plaster of paris(p.o.p) 496,800
7. tiles 613,944
8.plastering and dressing 173,664
9.soil and waste pipe 19,584
10.water supply pipes 55,209.6
11.electrical conduit pipes and boxes 73,152
12.sanitary fittings 128,635.2
13.electrical wiring 132,120
14.painting 169,293.6
15.electrical fittings 54,907.2
16.septic tank and soakaway 111,240
17. inspection chambers 11,808
18.soil drain 15,552

Total is 5,795,467.2 naira only.


..Materials, Labour,and Supervision Fees all INCLUSIVE
..Plaster of Paris(P.O.P) to be used for Ceiling
..Floor and Wall tiles
..Step roofing tiles to be used

e.t.c .....

For more information;
Email: samuelajoseengineers@gmail.com, saeltd14@gmail.com
Call : +2347035596641, +2348178706641
whatsapp: +2347035596641

Nice one. What about roofing and foundation money considering omonile things?
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by crisycent: 9:01pm On May 01, 2015
Naughtysite:


Pictures please..

Let's know what's eating the money. If you have spent over 8m and havent roofed, then ur bungalow will cost you close to N24m..

Sorry I can't put pictures here. You can start your house and find out if I lied or not.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by luthorcorp: 9:09pm On May 01, 2015
akbello:
I am a quantity surveyor and I can guarantyuthat the area and ur taste matters most, if u have a design or sketch I can give u a preliminary estimate or approximate estimate.
dont even go where i tink u are going coz its about as to expend over 20% of that capital...
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by luthorcorp: 9:11pm On May 01, 2015
ionsman:
Borehole 600k? Na industrial bore hole? undecided
help me ask d mofo ooo

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Advocatesam(f): 9:18pm On May 01, 2015
Advocatesam:


Since u said it is rural area, it will complete d building excluding fencing.
Cost of Labour is very cheap in rural area. I used 3.64 million to build a four bedroom flat including a moderate fence at Ondo. The finishing is basic but complete.

I pray u don't fall into d wrong hands.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by luthorcorp: 9:18pm On May 01, 2015
Emblj:
This is my candid advice, invest the money in a business u can manage or go for an investment u r sure will continue to bring in income for @ least 10 - 15 yrs. Then use d proceeds to build a house, while d investment still brings in profit. Although u need to b financially disciplined to keep ur target in view.
okaaay o master wisekid,oya suggest a bussiness idea dat will yield that exart amount or more for him within a short duration....
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by luthorcorp: 9:24pm On May 01, 2015
hsudhedg

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by ladej(m): 9:25pm On May 01, 2015
livebullet:
Dear ALL,
I just received a cash inheritance from my father who abandoned me for many years until his last days...intend erecting a 4bedroom apartment but i dont know how far i can go with just 3m in a rural area. I need your suggestions...I knw we got consultants here!
first of off thank his soul for this generous gift. Hes done well. 3m will probably roof it ....finishing depends on your taste. Any bq?
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by FestusCool: 9:30pm On May 01, 2015
Its either you are not matured enough to be able to manage the fund or you're not sincere at all. Else I wonder why an adult like you will come online to announce u have a N3m with u not considering the fraudulence level on d society.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Bobbieydeey: 9:32pm On May 01, 2015
Invest in 9jabet get it to 5m build the house.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Nobody: 9:35pm On May 01, 2015
omooba969:


Does it mean u cannot do anything wit #3m concerning dis young man's request?

3 million naira's really not that much when you put all the expenses into consideration. It is enough to lay the foundation and raise the structure to a window level, i.e, if you forgo paying the foreman on a weekly basis. The best option for the gentleman is too raise more funds, at least up to 10 million, then he should be able to build a modest 2 bedroom apartment. 4 bedroom is out of the question... unless he can be able to raise 15-20 million.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Nobody: 9:45pm On May 01, 2015
crisycent:


Sorry I can't put pictures here. You can start your house and find out if I lied or not.

Pictutes of ur bungalow ain't pictures of ur face or location of ur site.

I wonder what the big deal is. Or aren't you anonymous here ?

For me N12m will do 4 bedroom duplex complete.

4 Likes

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by jaziridon(m): 9:46pm On May 01, 2015
Keneking:
Ok..It depends...

1. Borehole - N600k
2. Fence and gate - N600k
3. Aluminium Roof - N700k
4. Wooden roof skeleton and frames - N500k
5. Blocks - N 600k

You might request that he abandons you one more time to raise additional funds to complete the pending points.

Why not wait till Buhari resumes as President...things would be cheap by then?

Which kind of borehole will u use 600k. Go for market research

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by mikolo80: 9:52pm On May 01, 2015
kelvine:
Beware of scam. You don't have to come online to announce you inherited 3 million naira, you can check with consultants near you.
so the comsultants near him are not scammers.dem de write am for head ba

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by adebaxton(m): 9:59pm On May 01, 2015
The 3 Million can get you the attached plan to the roofing stage.
You can get land for 250k-400k in the outskirt of Lagos at Ifo,Ogun state and some other environ.

Bldr. Ade
08058307787

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by adebaxton(m): 10:03pm On May 01, 2015
On the other hand if you plan on investing it in real estate, i will suggest you build student hostel(Barrack) closer to tertiary institution.
I have a case study with Mapoly, Fedpoly Ilaro and Unaab. You recoup your investment on an annual basis.

Bldr. Ade
08058307787
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by kelvine(m): 10:10pm On May 01, 2015
It is very cool to seek info here, my concern is for him to divulge such a private and sensitive information about how he got the money including the exact figure in cash, gets me worried how smart he is dealing with strangers. Nairaland is a most helpful forum, but many faceless businessmen use it as a medium to scam naive newbies like the OP. Possibilities are that he is presently exchanging home address with a forumite in a PM.

This young man here would likely have relatives who just discovered his father willed him 3milla in cash, that is likely a source of family conflict also a security loophole.
The OP doesn't sound 'street wise' in the presentation of his inquiry. His post should have read ''how much would one need to....?"


luthorcorp:
dont be delusional,is it now an offence to seek knowlege n wisdom from nairaland?

2 Likes

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by jamillion: 10:18pm On May 01, 2015
My dear, am a builder by profession, forget all those noise people above me ar making, with such amount ur house's complete already provided u ar not planing to build a mini mansion. See bellow..

Land: 50*100= 120,000
Preminaries to sub structure(foundation)=500,000
Super structures: 400,000 with workmanship
Wood work/roofing wit low quality aluminium: 600,000 with workmanship
Electrifying: 300,000 excluding workmanship

Plastering/rendering and painting with celin: 500,000 with workmanship

Welcome to ur new home. We plan ur building base on ur finance. Don't let them scare u, u can do it and keep a change for little bussiness. Trust me
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by osarodon(m): 10:26pm On May 01, 2015
He nailed it, 3m would finish it if it were to be 3 bedroom and you have land already.

Jcob:
ok. . . so my wife said I should add one or two things to this thread.

You have 3 million naira to spend on a 4 bedroom apartment abi.

Hope my breakdown would be helpful base on personal experience.

Land in New Lagos Locations ( Mowe, Ibafo, Ofada, Magboro, Ikorodu, Agbara etc) N600k average in interior parts or average of N2m per plotin outer parts. My recommendation is you buy half plot of land. Prolly 30 by 120. Budget N400k for this.

Balance N2.6M

Forget fencing for now.

Borehole - 120k

Block 9 inches for outer walls and 6 inches for inner (4000 pieces) AVerage of 500k

2 "20" tons of sharp sand and 2 gravel - N134k

Cement to lintel stage - 50 bags - N100k

Workmanship - digging, foundation and setting to lintel - N140k

Omonile foundation money - Beat it down to N50k

Lintel and Last 2 coaches - Cement 30 bags for round beam - N60k
Welder - N80k
Carpenter - N25k
Bricklayer - N60k

Roofing

planks for roofing and logging including carpentry workmanship - N300k

Step tiles aluminium - N350k

Omonile - N50k

Soakaway (use filling from soakaway to fill part of the house) - N220k

Window Aluminium with Net - N150k

Plastering

Plaster sand - 40 tons - N70k

Cement - 65 bags - 130k


Your total budget is now N2,939,000

3m will go far but wont be able to finish the project. Add 1m to it and get it to an appreciable stage you can live in.

All the best!




Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Kenny4z(m): 10:34pm On May 01, 2015
Am building a 3bed room flat now which the kitchen is 10 by 10 in size,Barth room is 4 by 11,
the three are 12 by 11 each and my sitting room is 16 by 12,i have spend 600k from dpc to roofing level

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by remirez07(m): 10:44pm On May 01, 2015
livebullet:
Dear ALL,
I just received a cash inheritance from my father who abandoned me for many years until his last days...intend erecting a 4bedroom apartment but i dont know how far i can go with just 3m in a rural area. I need your suggestions...I knw we got consultants here!
supervise the house yourself and don't give anybody kobo to buy things for, buy all what you need by urself; it would go a long way.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Pakingzzz(m): 10:47pm On May 01, 2015
Hi Nairalanders.. Here's the first House building machine in to be built in Nigeria.. The pix below is just what the machine will look like. The machine is called 3D house printer.
This machine will be capable of building a house from the floor level to the roofing level of a house without the direct involvement of human labour. The details are here; www.nairaland.com/2217438/sponsor-me-build-3d-house

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by crisycent: 10:51pm On May 01, 2015
Naughtysite:


Pictutes of ur bungalow ain't pictures of ur face or location of ur site.

I wonder what the big deal is. Or aren't you anonymous here ?

For me N8m will do 4 bedroom duplex complete.

I don't have anything to prove bruv! If you believe 8m will build a duplex, good luck! kindly go ahead and hopefully you will have a story to tell.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by otega001(m): 10:52pm On May 01, 2015
Yeah it will go a long way in buying only land in Lagos
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by crisycent: 10:57pm On May 01, 2015
Naughtysite:


Pictutes of ur bungalow ain't pictures of ur face or location of ur site.

I wonder what the big deal is. Or aren't you anonymous here ?

For me N8m will do 4 bedroom duplex complete.

I just saw your profile pic, it's this civil servant type of house that your used to building. No wonder you want to build a duplex with 8m. Don't fu:cking quote me again cos your one of these bricklayer turn builder.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Emblj: 11:01pm On May 01, 2015
GodMode:


He may not be alive in 10 - 15 years... That's too long.

Why would u think of death . I'm not saying it will take him that long to recoup it. It's just for him to maximize his proceed on the investment.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by fguyy(m): 11:15pm On May 01, 2015
bros it wil go enuf far if am to.manage ur buildin construction ....i am an engineer by profesion..jst contact.me if u wish to establish it...i hv many clasical ad portable plans for u..call me on 08166669887
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Emblj: 11:18pm On May 01, 2015
luthorcorp:
okaaay o master wisekid,oya suggest a bussiness idea dat will yield that exart amount or more for him within a short duration....

At first i thought of ignoring ur post but on 2nd thought felt it will be good to let u know u need to learn to be polite not only on social media but in ur everyday life. More so u dont know d person @ d other side.

Financial literacy requires u learn to invest resources and make returns over time. 10 - 15 yrs isnt a short duration. If in doubt add 10-15 yrs to ur age and imagine where u would love to be and things u would love to av achieved then u realise it is an investment.

More so it may not take him that long to recoup his investment. The time frame is for him to maximise his profit.
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by PRODUTIM1(m): 11:20pm On May 01, 2015
Archilouis:
If you skip doing a German floor (risk is that foundation moisture will soak the wall and the bottom section paint will soon begin to peel off and always look damp).

A modest 3-4 bedroom bungalow with not so large rooms, little or no pillars (depending on design) considering use of local mixed gravel to build required strength for door/window/roof concrete requirement. Also considering local roofing sheet (Cameroon roofing sheets can do).

You should be able to build the skeletal structure and put external doors + window burglary.

You then need to raise another budget for finishing (interior fittings etc)

Hope this helps...
Exactly! Like u were with me on my project

1 Like

Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Nobody: 11:30pm On May 01, 2015
crisycent:


I just saw your profile pic, it's this civil servant type of house that your used to building. No wonder you want to build a duplex with 8m. Don't fu:cking quote me again cos your one of these bricklayer turn builder.

Onuku..

Keep philandering..
Re: How Far Can 3million Naira Go In Building A 4 Bedroom Flat by Nobody: 11:55pm On May 01, 2015
akbello:
I am a quantity surveyor and I can guarantyuthat the area and ur taste matters most, if u have a design or sketch I can give u a preliminary estimate or approximate estimate.

Service charge for your proposal might be targeting a good part of the guy's #3m. if u disagree with me, then do it free to prove me wrong. grin

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