{"id":652763,"date":"2017-01-18T04:06:32","date_gmt":"2017-01-18T04:06:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/"},"modified":"2017-01-18T04:06:32","modified_gmt":"2017-01-18T04:06:32","slug":"developers-are-asking-consultants-to-reexamine-cost-studies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/","title":{"rendered":"Developers are asking consultants to reexamine cost studies"},"content":{"rendered":"<p>A number of real estate developers have asked consultancy offices to revisit cost studies to reflect the increasing cost of raw materials, <a href=\"http:\/\/www.alborsanews.com\/2017\/01\/17\/%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%AA%D8%B7%D8%A7%D9%84%D8%A8-%D8%A7%D9%84%D9%85%D9%83%D8%A7%D8%AA%D8%A8-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A8%D8%A5%D8%B9\/\">Al Borsa<\/a> reported. Developers want to reevaluate the cost of growth, said Inter-Consult Chairman Aly Raafat. Construction costs grew by 25-30% following the EGP float, which even the most conservative of feasibility studies couldn\u2019t account for, said Engineering Consultants Group Chairman Amr Allouba. Some developers are asking their consultants for engineering solutions to curb costs without compromising quality, said deputy GM at Mancon Consultancy Mohamed Moussa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A number of real estate developers have asked consultancy offices to revisit cost studies to reflect the increasing cost of raw materials, Al Borsa reported. Developers want to reevaluate the cost of growth, said Inter-Consult Chairman Aly Raafat. Construction costs grew by 25-30% following the EGP float, which even the most conservative of feasibility studies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652763","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"e442f267-28a5-41db-9575-c2d3a2f107ee","order":"0","is_powered_by":true,"section_story_id":"63480d8b-1ec1-4f7f-8750-ad6a8eb99fc1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652738],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Developers are asking consultants to reexamine cost studies - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developers are asking consultants to reexamine cost studies\" \/>\n<meta property=\"og:description\" content=\"A number of real estate developers have asked consultancy offices to revisit cost studies to reflect the increasing cost of raw materials, Al Borsa reported. Developers want to reevaluate the cost of growth, said Inter-Consult Chairman Aly Raafat. Construction costs grew by 25-30% following the EGP float, which even the most conservative of feasibility studies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-18T04:06:32+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Developers are asking consultants to reexamine cost studies\",\"datePublished\":\"2017-01-18T04:06:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/18\/developers-are-asking-consultants-to-reexamine-cost-studies\/\",\"name\":\"Developers are asking consultants to reexamine cost studies - 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