Facility management is a profession that encompasses multiple disciplines to ensure functionality of the built environment by integrating people, place and process.
The Infrastructure Facility and Project Management industry is a large but highly fragmented industry with few organised players and large number of unorganised small operators. The industry works on low margins and is plagued with manpower shortages and the lack of standardised procedures and guidelines.
However, while most businesses understand the nature and value of information technology (speedy and efficient connectivity) and human resources (the management and development of talent), facility management by definition covers such a wide array of capabilities that its meaningful impact becomes difficult to succinctly define. Without clear definition, successes are reported in tactical, individual ways that offer no connection to greater business implications, or to the body delivering the effort, thus creating an “invisible” team and organisation.
In line the mission of GIFPMA, this report benchmarks the cost of office fit-out and bifurcation of the cost based on the major components namely furniture, automation technology, construction cost and the consultant fee in Mumbai, Pune and Bengaluru.
The workplaces are classified into three categories namely, high-end, medium scale and basic office spaces; based on the level of automation and inclusion of different components.
A high-end office interior would usually see equal weightage paid to both front and back of house space. Rich high quality finishes would be used to create an exceptional quality experience reflecting high standards for both client facing areas, staff workspaces and amenities areas.
The graph shows a comparative analysis of the cost of various components in high-end office fit-out in Pune, Mumbai and Bengaluru.
Although there are number of different components required for establishing a fully functional work environment, the graphs show the cost breakup of four major components – furniture, construction, consultants fee and technology integration. These ‘construction cost’ includes interior fit-out, office furniture, civil contracting, carpeting, toilets repair and maintenance, painting, etc, while consultants comprise of interior designers, project , security and fire safety consultants, along with AV, MEP and electrical consultant. Technology integration, one of the most important aspects, consists of efficient HVAC and sprinkler systems, smoke detectors, lightings, electrical and security.