G+2 · G+3 · Rental Buildings · Bangalore

Rental Building Construction in Bangalore

Reviewed by Sqft Expert® Team · Last updated 28 October 2026

Turnkey G+2 and G+3 rental buildings for owners who want rental income from their plot — planned for efficient units, parking and separate meters, on per sq.ft packages from ₹1,799–₹2,529/sq.ft (GST included).

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✓G+2 & G+3 Rental Buildings
✓GST-Inclusive Per Sq Ft Pricing
✓Architectural + Structural Design Included
✓310+ Quality Checks
✓10-Year Structural Warranty
✓Stage-wise Milestone Payments

A G+2 or G+3 rental building lets you live on one floor and rent the rest. In Bangalore the cost is driven by total built-up area across all floors and the package (₹1,799–₹2,529/sq.ft, GST included); a 30×40 G+2 costs about ₹48.6 lakh – ₹83.5 lakh for civil construction. Costs by plot size, planning points and FAQs are below. For the city-wide picture see construction cost in Bangalore or use the construction cost calculator.

G+2 and G+3 Building Construction Cost by Plot Size

Plot SizeG+2 (3 floors)G+3 (4 floors)
20 × 30 ft1,500–1,800 sq.ft
₹27.0 lakh – ₹45.5 lakh
2,000–2,400 sq.ft
₹36.0 lakh – ₹60.7 lakh
30 × 40 ft2,700–3,300 sq.ft
₹48.6 lakh – ₹83.5 lakh
3,600–4,400 sq.ft
₹64.8 lakh – ₹1.11 crore
30 × 50 ft3,375–4,125 sq.ft
₹60.7 lakh – ₹1.04 crore
4,500–5,500 sq.ft
₹81.0 lakh – ₹1.39 crore
40 × 60 ft5,400–6,600 sq.ft
₹97.1 lakh – ₹1.67 crore
7,200–8,800 sq.ft
₹1.30 crore – ₹2.23 crore

Ranges apply the Dream Value (₹1,799) to Signature Home (₹2,529) rates to the approximate built-up area. Civil construction only. Whether G+2 or G+3 is permitted depends on road width, FAR/FSI and parking norms for your plot.

Which Package Suits a Rental Building

Most rental buildings are built on the Dream Value (₹1,799/sq.ft) or Dream Home (₹1,919/sq.ft) package, which control specifications and keep the cost per unit low. Owners often upgrade only their own floor's finishes. Compare specifications on the house construction packages page.

Planning a Rental Building in Bangalore

  • Decide floors first: the foundation and columns are designed for the final number of floors, so confirm G+2 or G+3 before construction starts.
  • Staircase: one well-placed common staircase maximises rentable area on every floor.
  • Parking: stilt parking keeps the ground floor free; size it to the number of units and the local norms.
  • Separate meters: plan separate electricity meters (and water lines where possible) for each unit.
  • Water storage: size the sump and overhead tank for all units, not one family.
  • Unit mix: 1BHK and 2BHK units are the most common; each extra kitchen and bathroom adds cost.
  • Lift: for G+3, plan a lift shaft in the structural design even if the lift comes later. Lift installation is quoted separately.

Plan approval for multi-floor buildings gets closer scrutiny. See our BBMP/BDA plan approval service and structural design.

What Is Quoted Separately

  • BBMP / BDA / BMRDA / Panchayat plan approval and betterment charges
  • Compound wall, gate and security cabin
  • Retaining walls; extra excavation for rock, water or filled-up soil
  • Material upgrades above the package value caps
  • Premium elevation — cladding, grooves, projections, ACP, louvers, structural glazing
  • Borewell, BESCOM and BWSSB connection works, transformer / panel board
  • Lift, solar, inverter and rainwater harvesting
  • 3D elevation execution material and labour (charged extra where opted)
  • Interiors — modular kitchen, wardrobes, false ceiling, furniture, lighting
  • GST on items explicitly marked as government taxes extra in the quotation

Rental Building Construction Timeline

StageIndicative Duration
Design, drawings & approval4–10 weeks (approval varies by authority)
Foundation & plinth3–5 weeks
Superstructure (per floor)5–7 weeks per floor
Masonry, plastering, waterproofing4–6 weeks
Flooring, doors, windows, painting, finishing8–12 weeks

A G+2 or G+3 takes longer than a family home mainly because of the extra floors: each floor adds about 5–7 weeks of structure plus finishing.

Build Your Rental Building With Sqft Expert®

We design and build G+1 to G+3 rental buildings across Bangalore, with in-house architects and structural engineers, 310+ quality checks, stage-wise payments and a 10-year structural warranty. Learn more about our house construction company in Bangalore.

Plot-Size Cost Guides

Independent Homes Built by Sqft Expert® in Bangalore

Keerthi Shiva Kumar G+3 Floors
Vinod G+1 Floors
Krishna Shanthanu G+1 Floors

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Rental Building Construction in Bangalore — FAQs

What is the construction cost of a 3 floor building in Bangalore?
A G+2 (3-floor) building on a 30×40 plot has about 2,700–3,300 sq.ft built-up and costs roughly ₹48.6 lakh – ₹83.5 lakh for civil construction across Sqft Expert® packages (₹1,799–₹2,529/sq.ft, GST included). See the table above for other plot sizes.
On a 30×40 plot, a G+3 has about 3,600–4,400 sq.ft built-up and costs roughly ₹64.8 lakh – ₹1.11 crore for civil construction, before approvals and external works.
Dream Value or Dream Home is the usual choice for rental units. Many owners upgrade the finishes on their own floor only.
It depends on the road width, FAR/FSI, setbacks and parking norms that apply to your plot. Check this during plan approval, before the structure is designed.
We build the complete building on a turnkey package: design, structure, finishing, electrical and plumbing, through to handover.
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