Feasibility and concept estimates

- Prepare concept and order-of-magnitude cost estimates for land acquisition, JV, redevelopment and current launch decisions.
- Benchmark construction cost per sq ft by typology (high-rise, villas, plotted, commercial) and location; maintain the internal cost database.

Budgeting

- Build the detailed control budget for each project at design freeze, broken down by cost head and work package.
- Prepare the annual capex and project budgets for management and Board approval.
- Get budget sign-off from Projects, Design and Finance, manage budget revisions through a formal change-control process.
- Align budgets with RERA cost estimates and update them for disclosures and lender requirements.

Cost planning and value engineering

- Review designs and specifications at each stage for cost impact; flag options that exceed budget.
- Lead value-engineering workshops with architects, structural and MEP consultants without compromising quality or saleability.




- Prepare cost estimates and rate analysis for tender packages as the benchmark for contractor bids.

Cost monitoring and control

- Track committed, incurred and forecast cost against budget every month for each project.
- Monthly cost-to-complete and variance reports with reasons.
- Assess cost impact of variations, scope changes, escalation and delays before approval.
- Monitor material price trends (steel, cement, aluminium, MEP items) and recommend procurement strategy.

Cash flow and MIS

- Prepare project-wise work flow and cash-flow forecasts with Project, Design, Finance and Planning.
- Act as the single source of truth on project cost.
- Support statutory and internal audits on project cost.

Systems and team

- Set up cost codes, budget structures and controls in SAP, standardise templates and SOPs.
- Lead and develop the estimation and cost-control team.

📌 DGM/GM - Costing (Mumbai)
🏢 Peninsula Land
📍 Mumbai