Gleeds carried out an extensive exercise to map construction costs across various Indian cities.

The indices were derived using the following methodology:

• A basket of items comprising the most used materials in construction, labour and consumables was established
• These items have been identified and are known to demonstrate the inflationary and dynamic nature of the goods typically used in the construction industry
• Approximate individual quantities were identified to represent a standard commercial building
• Appropriate weightage was given to each of the items and based on weighted average method, a base index was calculated
• December 2019 = 100, this is considered to be the best representation of costs before the uncertainty of the pandemic
• The base city taken for calculation of the index is Bangalore
• Cost movement for the different cities has been mapped.