Imagine this: your vision has come alive, and you've purchased a three-bedroom apartment. However, a freshly purchased apartment is rarely habitable. And so, it is up to you to make your 3BHK flat in Mumbai feel like a home, which is where interior design comes into play.
But, how to decide the interior design budget for your newly purchased space? Expertise is required to understand what factors influence the cost of 3BHK interior design.
Fortunately, you won't have to go on a quest for the correct answers since we have interior design experts who can lead you in the right direction! Make your 3 BHK home in Mumbai stand with Hipcouch’s expert consultation service.
For now, here’s how you can plan the budget of interior design for your apartment:
What Influences the Interior Design Budget for a 3BHK Flat?
The cost of planning and decorating your home's interiors will vary depending on the size of your home. When you book an apartment, most builders include flooring, plumbing, and windows in the price. On the other hand, some people like to book a naked space.
Here are some factors that play an essential role in deciding the interior design budget:
Location
The location is the first aspect that impacts the cost of a 3 BHK interior design. In places like Mumbai, it can range from intermediate to high, depending upon how you want to decorate your home. This is because most major cities have higher real estate prices and greater material, services, and other costs.
Size
Next, we analyse the apartment's size, which has a reasonably obvious relationship to the cost of interior: the more significant the 3BHK, the higher the interior design cost.
When calculating the cost of your 3BHK apartment, keep in mind that the interior design cost is directly related to the property's cost per square foot. As a result, the higher the cost of your flat, the higher the interior design cost.
Do you want your entire home's interiors to be redone? Or, are you only looking for a kitchen design? Naturally, the extent of the design refresh will influence the ultimate interior design cost.
The interior design cost for a renovation is always more than for a new house because you have to figure out civil alterations and other costs due to old and malfunctioning wiring, plumbing, etc.
Your 3BHK interior design cost may vary depending on the materials and finishes you select for your cabinets, furnishings, and wardrobes.
These were some tangible reasons that affect the cost of your interiors. Then comes the planning aspect. At this stage, you can either increase or decrease the cost. Or, you can have a tentative idea of the future costs that could incur from dynamic designing:
How to Calculate your Interior Design Budget for a 3BHK Flat in Mumbai?
So, if you have an empty flat, interiors may cost per square foot, whereas a unit with basic facilities given by the developer could cost you a tad bit more.
So, for a 3BHK bare-bones flat in Mumbai, you may expect to pay Rs 20 lakh to Rs 30 lakh, whereas interior design for a home with pre-existing essential utilities would cost around Rs. 10 lakh to Rs 15 lakh.
Of course, keep in mind that you saved ten lakhs by reserving a naked flat, but this bargaining must be done with the builder when you book your property.
Assuming you have the essentials in place, you'll need to complete the kitchen, carpentry, electrical work, and painting. This might cost between Rs 10 lakh and Rs 15 lakh, with carpenter work accounting for a significant portion of the cost.
With this amount of money, you can construct a pair of wardrobes in each bedroom and a double bed in each. In addition, you might get a sofa set, dining table, centre table, TV unit, and crockery set unit for your living room.
If you are on a tight budget, you can look into several options. One of them is to furnish only one bedroom and then furnish the other later. This could save you several lakhs of rupees.
While all of the factors mentioned above can be confusing, all you have to do is use Hipcouch’s advanced cost estimation tool to calculate your budget. It will help you get the estimated amount per your basic home details instantly!
Why are Interior Design Costs High in Mumbai?
"Homes in Mumbai are so much more costly than in other cities!" you've probably heard that many times.
But, of course, we all know that the cost of an apartment and interior design vary by city.
But why is this the case? The apparent reason is the current status of the real estate market. However, if you delve a little deeper, you'll find a slew of other explanations.
The difference in an interior design budget is primarily attributable to supply and demand. High employment opportunities in cities like Mumbai have resulted in a surge in housing demand.
On the other hand, the infrastructure is inadequate, which raises the cost of real estate and interior design. For instance, Bangalore has many job openings, but the cost of interior design is reduced due to adequate infrastructure.
It is easier said than done to furnish a home. However, there are numerous practical issues to resolve.
For instance, occasionally, you may fall in love with a certain imported flooring. However, since it may be unavailable, you may have to settle for something else.
On the other hand, many times, the design of a particular wardrobe you prefer is quite challenging to create, requiring you to spend more money or perhaps sacrifice that style.
You may have been looking for the perfect home for years or months, so be patient and give yourself extra time to decide your interior design budget and let the experts do the job without any extra hassle on your side!
Want more one-on-one consultation for your interior design budget?
Call +91 9769891528 or email us at contact@hipcouch.com