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ESTIMATING AND COSTING

Importance of Approximate costing and some definitions. Importance of approximate estimate. This type of estimate cannot be neglected. Because if there is a bulk difference between the approximate estimate and the cost of construction that may misguide the intention to take up a project. If the approximated cost is too high, project may be left without preparing its detailed estimate. It is the built up covered area measured at floor level of the basement or of any story of building. Thus a FAR of 3....

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