JCT Associates Pvt. Ltd.

Project Cost Statement

Comprehensive Analysis of Approval, Permission & Construction Costs

A clear and realistic understanding of total project cost is essential for evaluating redevelopment feasibility. Inaccurate cost estimation can lead to financial imbalance, project delays, disputes, or compromised construction quality.

We prepare a comprehensive Project Cost Statement covering all approval, permission, construction, and associated expenses, ensuring financial transparency and viability assessment.

Objective

• To estimate total project cost accurately

• To assess financial feasibility of redevelopment

• To identify major cost components and risk areas

• To support negotiation and decision-making

• To prevent unrealistic financial projections

Scope of Our Services

1. Statutory Approval & Permission Costs

We estimate expenses related to:

• Municipal approval charges

• Premium FSI payments

• Development charges

• Scrutiny and processing fees

• Environmental and Fire NOC costs (if applicable)

• Utility connection charges

2. Construction Cost Assessment

We calculate:

• Civil construction cost (rehab + sale component)

• Structural and finishing specifications

• MEP (Mechanical, Electrical, Plumbing) costs

• Elevation and façade cost

• Lift and common amenities cost

• Quality standard implications

3. Professional & Consultancy Fees

We include:

• PMC fees

• Architect and structural consultant fees

• Legal and documentation charges

• Survey and soil testing costs

• Liaison and compliance expenses

4. Financial & Administrative Costs

We assess:

• Site establishment and overheads

• Insurance and statutory compliance

• Interest and finance cost (indicative, if applicable)

• Contingency provisions

• Marketing and sales overheads (for viability understanding)

5. Consolidated Cost Summary

We provide:

• Component-wise cost breakup

• Total project cost estimation

• Cost per square foot analysis

• Sensitivity overview (cost escalation impact)

• Feasibility alignment summary

Benefits to the Society

Transparent understanding of total project economics
Prevention of inflated or misleading financial claims
Stronger negotiation position
Better feasibility evaluation
Risk identification before agreement finalisation

Our Assurance

We ensure that the Society’s redevelopment decisions are backed by a comprehensive, transparent, and technically validated project cost statement, forming a solid financial foundation for a successful and secure redevelopment project.