6
Find the best Land developer to develop your existing property in Chennai Portfolio of several developers looks really good on site and on paper. However, when the real construction comes forward – it appear very different from the expectation. Over the years, ‘Land developer’ roles and responsibilities’ have become more specialized. And yet there are some developers who do both the design and development of their client’s projects. A modern day land developer may come up with the idea of a property, refine the entire plan, test its feasibility, negotiate contracts, and formally commit to it. He might even start visualizing the construction, allocate the construction resources, bring in paradigms changes to the project, manage and finally complete the project.

Planning to Develop Your Existing Property Tips to Find the Best Developer

Embed Size (px)

Citation preview

Find the best Land developer to develop your existingproperty in Chennai

Portfolio of several developers looks really good on site and on paper. However,when the real construction comes forward – it appear very different from theexpectation. Over the years, ‘Land developer’ roles and responsibilities’ havebecome more specialized. And yet there are some developers who do boththe design and development of their client’s projects.

A modern day land developer may come up with the idea of a property, refine theentire plan, test its feasibility, negotiate contracts, and formally commit to it. Hemight even start visualizing the construction, allocate the construction resources,bring in paradigms changes to the project, manage and finally complete the project.

Experience in Real Estate is just an advantage!Best developers in this domain are usually identified by their number ofsuccessful projects and not their experience. Experience is only an advantage!

Before beginning a career as a real estate developer, many realtors get experienceby working in a related field, such as property brokerage. However, these do notguarantee success for that agent as a developer. He or she can only claim exposure.Careers in planning and constructing can prepare individuals and yet not helpthem succeed as a real estate developer.

Developers with strong communication skills can only excel at people relations –not complete their real estate venture. Best Land developers are an interesting mixThe land developer might be informed about all the different kinds of land usageand yet not be sufficiently skilled to handle land disputes.

He might know what area is used for Residential purposes, Commercial, IndustrialInstitutional Park and Play fields, Roads and Pathways etcetera. He might evenknow the Member – Secretary of the Chennai Metropolitan DevelopmentAuthority (CDMA) Best land developers according to some might just be Civilengineers, or an MBA 5 + years of experience. Understandably, none of thesequalifications guarantee that your developer would be the right expert requiredfor your project.

Sometimes an expensive developer might not be a quality developer, therefore,watch your wallet. Adequate budgets must be considered before booking orplanning for a project to improvement contract. Never financially over stretch,always maintain an emergency fund aside in case anything goes wrong or suddenchanges are required.

Do not let the Developer to try to save on labor costs, the quality of the propertycould suffer at the hands of a newbie. Also, make sure the skilled workerscompletely understand what the land developer is trying to communicate.

Good land Developers might always pressurize you to keep extra funds forChennai’s Building Regulations and planning permission application fee. Yes, theymight predict policy changes …So, connect with several real estate developers,notice what they have to say for your property – judge them well on their projectexperience.

Talk to several contractors whom the land developer might connect with in thefuture for your property. Additionally, ask for a cross reference, about theiropinion on the developers working style. Enquire more on lines with thedeveloper’s staff to figure out whether all structure and supplies are includedwithin the estimate.

Nothing counts more than their Previous Project work!

The land development process for their previous projects will help them learn alot through their management of risk. Risk assessment and cash flows would bemonitored frequently as real estate deals with large sums of money. Priority wouldbe to crosscheck all controls on the project functions and recheck calculations thatfactor all plans which need to be put into practice. All laws of the state and theregulations must be properly adhered to during the development phase.

The builder will identify and investigate all issues relevant to the project inrelation to the proposed land or property development. He will then create aninitial construction plan draft, which will later help scheme, design, illustrate,measure and restrict any unwarranted modification which surrounds the land.Best land developers should attend to you and your grievances, every time you gosite visit and regularly check on your property during each and every stage of thisprocess.

Conclusively - Demand for property in Chennai is on the rise, and land has alwaysbeen the weakness for several investors in this region. Usually clients are veryactive in this domain right from conceptualizations and architecture todevelopment and maintenance. Some even question on the machinery used, tools,equipment’s, methods, and technology while the construction is in full swing.

As an experienced builder and developer, we feel you should drill down on theschedule and timelines for the project. A realistic predefined completion datewould show how convinced and confident the developer is. He would clearly, putan estimate in terms of the raw materials, workers arrangement, weather or eventhe predictable changes that might be needed in the plans.

Most of the time, a good developer may not ask you to pay as most buildersmaintain a credit balance for raw material inputs and supplies. Also, if you areasked to make a deposit – just agree to pay for the first stage of the work. Rest ofthe balance will be required only, if development is complete and no outstandingfees is pending with the construction contractors. Everything must be according toplan, permissions, regulations, and specifications.

Contact us

Wisdom Housing & Properties Pvt Ltd.

Wisdom Properties, leading Real Estate Company from Chennai, offers themost desired "DTCP Approved" residential plots at ideal locations for yourdream house in a peaceful atmosphere, in the highly recognizable suburbs of

South Chennai at affordable costs.

No.1, 5th Cross Street, New colony, Chrompet, Chennai - 600 044, Tamilnadu,India.

91- 44 - 22384571, 22380014 91- 93607-93607 91- 9962928725

Email : [email protected] Sales Enquiry : [email protected]

Careers : [email protected]