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Is N25 M Enough To Build A Shopping Complex? - Properties - Nairaland 3w3s6o

Is N25 M Enough To Build A Shopping Complex? (257 Views)

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neutralmind: 12:48am On May 03
Hello,

We all know about the rising cost of building materials in Nigeria today.

However for a shopping complex made up of 10 shops upstairs and 10 downstairs will 25 Million Naira be enough for the entire construction? from start to finish?

Cost of Land is not included.

The N25M is to construct from beginning to end.

Looking at a basic shopping complex without luxury or expensive finishing somewhere on the outskirts of Lagos. However good quality materials will be used for construction.


Your advise will be appreciated.
OkanlawonB(m): 5:31am On May 03
What are the dimensions of the shops?

Assuming they are just standard sized shops, your 25M naira budget will only cover the cost of decking and roofing, nothing else, no block works , no foundation.

Absolutely not feasible.
owolabi5: 5:43am On May 03
angry
cool
Rexymania(m): 5:54am On May 03
Naira is just a tissue paper
dominique(f): 6:17am On May 03
I don't think so even though the cost of if land is not included. It can build the ground floor of the complex but I don't think it can complete the first floor. You can get a contractor to give you a quotation
neutralmind: 9:34am On May 03
OkanlawonB:
What are the dimensions of the shops?

Assuming they are just standard sized shops, your 25M naira budget will only cover the cost of decking and roofing, nothing else, no block works , no foundation.

Absolutely not feasible.


Basic standard sized shops. Not big
jmoore(m): 10:51am On May 03
It will be enough.

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