The main critical aspect here is to assess the project feasibility on rational terms according to the prevailing market conditions. In this scenario company approaches to conclude this assessment on various parameters like:
- Project
- Costing
- Market Analysis
- Profit Projection
- Rental Yields
- Scope of Work
Project:
After exploring the opportunity, it becomes more important to overview the geographical significance of the site. The project may include residential houses, apartments as well as commercial buildings. The role of company here is to acquire project’s land in a suitable area depending upon the requirements of the area of the project and he potential of the location.
Costing:
Now the need arise to rationally plan the investment and its application in a very economical way to avoid over loading the project cost. Company chooses the best available source of investment either personal or banks. All the phase of cost planning covering the purchase of land, construction cost on its design basis, sales and marketing cost are vigilantly handled to ensure the minimum possible cost with maximum possible output.
Market Analysis:
When assessing the feasibility of a residential house/apartment and commercial mall, company deeply observe and study the similar projects of the surrounding market. This comparative analysis serves as core criteria to review the project cost at planning stage. Risk is a factor in any project and we can ensure it is managed, transferred, shared and reduced but never ignored.
Profit Projection:
Present market analysis enables us to determine the profit volume. History of past 25 years reveals an appealing rise in the price of residential as well as commercial property. However in last few years this rise in price is more than 100% of the cost value. Hence this business is yielding a great deal of profit And Company applies its all resources to achieve the forecasted yield in the normal circumstances.
Rental Yield:
To let out a project is more beneficial and appealing for an investor of the project rather than sale. Besides the disposal, our commercial and residential projects also attracts multinational companies, bank and corporate clients to pay out a fair lease amount for short as well long term lease contracts.
Scope of Work:
Finally the scope of work in relation to the project is defined whether company is being engaged in turn key basis projects, executing the project management or along with project management also involved in the construction of the project. |