Estimation Engineer- Real estate

Mounee Consulting Services Private Limited; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Mounee Consulting Services Private Limited in Mumbai seeks an Estimation Engineer to prepare accurate cost estimates for residential, commercial, and mixed-use real estate development.

You will conduct quantity take-offs, analyze tender documents, collaborate with architects and engineers, maintain cost databases, and support pre-bid meetings and client presentations.

Qualifications

• Experience in cost estimation for real estate development projects.
• Strong understanding of construction methods and materials.
• Proficient in take-off techniques and budgeting.

Responsibilities

• Prepare cost estimates for all phases of real estate development, including civil, structural, architectural, MEP, and finishes.
• Perform quantity take-offs from drawings using standard methods.
• Analyze tender documents and project specs to define scope and requirements.
• Collaborate with architects, engineers, project managers and clients to collect information.
• Develop cost databases with material, labor, and equipment rates.

Skills

Cost estimation

Quantity take-off

Tender analysis

Budgeting

Construction knowledge

Tools

MS Excel

Costing software

Job description

We are seeking a highly skilled and detail-oriented Estimation Engineer with a strong background in the real estate sector. The ideal candidate will be responsible for preparing accurate and comprehensive cost estimates for various real estate development projects, including residential, commercial, and mixed-use properties. This role requires a deep understanding of construction methods, materials, labor costs, and market trends within the real estate industry to ensure competitive and precise project budgeting.

Key Responsibilities

• Prepare detailed cost estimates for all phases of real estate development projects, from conceptual design to final construction, including civil, structural, architectural, MEP, and finishes.
• Conduct thorough quantity take-offs from architectural, structural, and MEP drawings and specifications using industry-standard software and manual methods.
• Analyze project specifications, tender documents, contract terms, and other documentation to fully understand project scope and requirements.
• Collaborate with architects, engineers, project managers, and clients to gather necessary information and clarify project details.
• Obtain and evaluate competitive bids and quotations from subcontractors, suppliers, and vendors for materials, labor, and equipment.
• Develop and maintain a comprehensive database of cost information, including historical data, material pricing, labor rates, and equipment costs.
• Identify potential risks, opportunities, and value engineering options to optimize project costs without compromising quality or schedule.
• Prepare detailed cost breakdowns, budgets, cash flow projections, and financial reports for internal review and client presentations.
• Participate in pre-bid meetings, site visits, and client negotiations to present and defend cost estimates.
• Stay updated on the latest construction techniques, material innovations, market prices, and regulatory requirements relevant to the real estate industry.
• Assist in the preparation of tender documents, contract agreements, and procurement strategies.
• Provide support during the project lifecycle, including cost control, variation orders, and final account reconciliation.