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This sum should also include professional fees, like the cost of the architects, engineers and quantity surveyors involved in any building project as well as other costs like demolition, municipal authorities' scrutiny fees etc.
The Royal Institute of Chartered Surveyors say they don't know what the GDP [cnbc explains] data is saying, it's nothing like what they're seeing in the construction sector, which is, if not booming, at least buoyant,” he said.