Budgeting is crucial for interior design.
Before meeting designers, define your needs and set a realistic budget. Consider these cost factors:
- Material estimates: Get quotes to see if materials fit your budget.
- Design complexity: Simpler designs generally cost less.
The Interior Design Process
- Find a firm: Ask friends, family, or search online.
- Initial meeting and budget: Discuss your budget with the designer to explore suitable options.
- Get a quote: The designer will quote a price based on your budget. Understand the quote and finalise the quote.
Interior Design Fees
Designers offer various fee structures:
- Turnkey: Designing and execution of the designs and final handover by the same company. Most convenient and recommended structure to mitigate many risks involved in the process of interior design.
- Flat fee: For consultations only.
- Per square foot: Rates vary widely (₹40-₹500+). Consider additional work (wardrobes, kitchens) when calculating cost.
- Percentage of project cost: Designers may charge 6-15% (up to 20% for complex projects) of the total project cost (materials and services).
- Markup on products: Designers may add a markup to furniture and other sourced products.
- Lump sum: Some offer a lump sum fee combining elements like per square foot cost and commission (less transparent).
Actual Interior Design Cost
Several factors affect the final cost:
- Materials: Quality (veneer, PU, etc.) significantly impacts cost.
- Project complexity: A basic 2BHK project (modular kitchen, small TV unit, two wardrobes) might cost around ₹4,00,000. A complete design can reach ₹6,00,000 or more. (Costing in 2023)
- Site visits: More than 3-4 visits may increase the cost.
- Change orders: Extensive design changes may incur additional fees.
Planning for Interior Design
- Define your needs: Clearly understand your requirements before contacting a designer.
- Communicate effectively: Discuss your budget and expectations openly with the designer.
By carefully planning and understanding cost factors, you can achieve a beautiful and functional interior space within your budget.
