The price on a lift quotation is only the first line of the real cost. Over ten years you will also pay for civil work, power, AMC, electricity, repairs outside the AMC and eventually modernization. This worksheet helps you put every cost in one place so that you can compare offers from the best elevator company in Bangalore and other companies on total cost, not just the headline price. We do not publish fixed prices because a lift is built around your building; instead, we show you exactly what to collect and how to add it up.
Why a ten-year view
A cheap lift with an expensive AMC and frequent repairs can cost more than a better lift with a fair AMC. A ten-year view shows the difference. It also helps a committee or a family plan a reserve for the large costs that arrive later.
Part A: One-time costs
| Line | Company 1 | Company 2 | Company 3 |
|---|---|---|---|
| Lift supply and installation | |||
| Shaft, pit and civil work | |||
| Power supply and earthing | |||
| Scaffolding and access | |||
| Landing finishes and cladding | |||
| Inspection and licence fees | |||
| Backup power or rescue device | |||
| Total one-time |
Ask each company to list which of these lines are included in its price and which are not. See civil work and shaft cost.
Part B: Recurring costs for ten years
| Line | Per year | x 10 years |
|---|---|---|
| AMC (with expected yearly increase) | ||
| Electricity | ||
| Parts and repairs outside the AMC | ||
| Licence renewals and inspections | ||
| Cleaning and consumables | ||
| Total recurring |
Part C: Reserve for later
| Line | Estimate |
|---|---|
| Door replacement or major repair | |
| Controller or drive upgrade | |
| Cabin refurbishment | |
| Total reserve |
See modernization cost and sinking fund planning.
How to fill it in
- Ask every company for an itemised quotation and AMC offer in writing.
- Write each figure in the worksheet and mark what is excluded.
- Ask the company for realistic yearly AMC increases.
- Estimate electricity from your usage and ask the company for a typical figure.
- Add a reserve for major parts.
- Total each company's ten-year cost.
How to read the result
- A low one-time price with a high recurring total is false economy.
- A high price with a strong AMC and fewer repairs may be the better value.
- Look at what is missing before you celebrate a low number.
Read price vs service and lift price in Bangalore.
Tips from experience
- Ask for exclusions in a separate list.
- Compare AMC types on the same basis.
- Keep the worksheet with your decision file.
- Review it every year.
Get a clear figure from us
About Eider Elevators
Eider Elevators Pvt. Ltd. is a lift and elevator company in Bangalore, based in Battarahalli on Old Madras Road. We install lifts and elevators for homes, villas, apartments, hospitals and commercial buildings, and we provide service, repair, modernization and AMC across Bengaluru. We are an installation and service company and we do not describe ourselves as a manufacturer. Every project starts with a site survey and a written quotation. We list exclusions clearly so you can fill in the worksheet honestly. Call +91-8861475111 or request a site visit. You can judge whether we are the best elevator company in Bangalore for your building by asking us the questions in this guide.
See the main guide to the best elevator company in Bangalore and the AMC cost guide.
Key takeaways
- Ten-year cost, not headline price, shows the best value.
- Use three parts: one-time, recurring and reserve.
- Ask each company to list exclusions in writing.
More guides on choosing the best elevator company in Bangalore
This article is part of a series that helps you choose the best elevator company in Bangalore. Continue with these guides, or open the main guide to the best elevator company in Bangalore.
- Best Elevator Company in Bangalore for Warehouses
- Best Elevator Company in Bangalore for Senior Living
- Best Elevator Company in Bangalore Self Safety Check
- Best Elevator Company in Bangalore Myths and Facts
- Best Elevator Company in Bangalore for Car Lifts
- Best Elevator Company in Bangalore Documents Checklist
- Best Elevator Company in Bangalore RFQ Email Templates
- Best Elevator Company in Bangalore for Apartments: What RWAs Should Check Before Signing
Where we work: 10 Year Budget Worksheet and more
For 10 year budget worksheet, Eider Elevators visits sites across Bengaluru, including Peenya, Vijayanagar, Nagarbhavi, Kengeri, Rajarajeshwari Nagar, MG Road, Shivajinagar, Richmond Town, Ulsoor, Basavanagudi, Seshadripuram, Bellandur, Varthur and Brookefield. If your area is not listed, call us and we will confirm coverage. Our team is based in Battarahalli on Old Madras Road, which gives quick access to east, north and central Bangalore, and we travel to south and west Bangalore for surveys and service. See the full areas we serve page, or read the local guides for Whitefield, North Bangalore, HSR and Koramangala, Jayanagar and JP Nagar, Electronic City and Rajajinagar.
What to keep ready before you call
A short checklist makes the first conversation faster and the site visit more useful:
- Your location and the type of building (house, apartment, hospital, office, warehouse).
- The number of floors you want to serve and whether a shaft already exists.
- Drawings or photographs of the staircase, shaft area or existing lift, if you have them.
- The number of daily users and any wheelchair, stretcher or goods needs.
- Your timeline, budget range and any finish preferences for the cabin and doors.
- The current AMC or warranty papers if you already have a lift.
Eider Elevators at a glance
| Service | What it covers |
|---|---|
| Lift and elevator installation | Site survey, recommendation, written quotation, installation, testing and handover for homes, villas, apartments, hospitals and commercial buildings |
| Service and repair | Fault diagnosis, repair and scheduled servicing. See lift repair and service |
| AMC | Annual maintenance contracts with written scope. See lift AMC companies in Bangalore |
| Modernization | Controller, drive, door and cabin upgrades. See lift modernization |
| Contact | +91-8861475111, +91-8884455178, info@eiderelevators.com |
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