Blog

Property Development

By RAFI & SONS

Real estate in Property Development means that successful business and profitable investment, the real estate which involves change activities, namely, partial or complete repairing of old or neglected properties, renovating of existing buildings, or purchasing vacant land and then establishing an innovative project on it before selling it afterward.
On the other hand, real estate developer is the person or company that develops a region or a specific place, or rebuilds and modernizes an existing entity. The real estate developer has multiple choices and deep knowledge of the real estate market. They also knows the purpose of the project and the aim of the developing process. Furthermore, they coordinate and manages the different activities of the developing process, they are one who converts a creative idea on the paper into a touchable reality on the ground.
The real estate developer is not a contractor or a real estate consultant. They are the development manager who provides the better ideas of the project through the detailed feasibility studies, the study of the financial sources, choice of the best advisory and the best-suited contractor, and at the end, through developing the marketing plan and the selling strategy of the project. They spends his time finding the right places for developing, dealing with financial institutions and contacting the construction offices and contractors.
Ideas in the real estate development are something essential, yet the critical thing is to know how to get them correctly applied away from the risks of market fluctuations after completion of the project. Ideas will be carefully studied and examined at all possible levels, and at this stage, only wise planning and comprehensive feasibility studies work.

Real estate Property Development in collaboration with RAFI & SONS Real Estate

RAFI & SONS provides this kind of service by searching for lands with distinctive pivotal locations to carry out constructions and projects of real estate development. That shall be at both large and small levels of investments, and done by RAFI & SONS team that is specialized in this field, and by the consultant engineers erudite in the Pakistan Real estate market.”
  1. To start constructions within the areas newly developed in Pakistan. Namely, to build housing complexes of apartments or villas, and sometimes both within the same housing complex the thing that considered one of the most successful investments. Yet, such kind of investments requires companies’ or a group of investors’ capital funds. However, this kind of projects characterize by attracting the Pakistan and those desiring to live permanently in Pakistan, especially after the rise of the income of the Pakistani citizen in the recent years.
  2. To start constructions within the areas newly developed in Pakistan. Namely, to build housing complexes of apartments or villas, and sometimes both within the same housing complex the thing that considered one of the most successful investments. Yet, such kind of investments requires companies’ or a group of investors’ capital funds. However, this kind of projects characterize by attracting the Pakistan and those desiring to live permanently in Pakistan, especially after the rise of the income of the Pakistani citizen in the recent years.

Real estate development does not end by the sale of a housing unit and delivering it to the customer, it is essential to focus on the evaluation. The services provided and to consider the views of the experts after the end of the real estate development process.

Elements of real estate Property Development

  •  First: the merchant or the funder of the project of real estate development.
  • Second: the contraction company, which will carry out the work according to the plan ordered.
  • Third: the real estate agency, which will be the link between the funder and the contraction company. These agencies are responsible for the project management and supervision. Those provision of creative ideas, and those provision of the feasibility studies for the proposals and the investment projects. That shall be through these department of studies and research of real estate development, and through the project, marketing to make the greatest sales ratio.

RAFI & SONS services in the real estate Property Development

  1. Guiding the foreign investors and developers to the places experiencing real estate growing and prosperity in domestic demand of the Pakistan real estate market.
  2. Finding the suitable lands for the developers to start their projects on.
  3.  Developing detailed feasibility studies for real estate projects and providing the best ideas compatible with the Pakistani projects market that would lead to achieving the best profits for developers and real estate investors. 
  4. Participating in real estate development process with the investors or linking them to the best reliable real estate development companies in Pakistan to carry out the construction and real estate. 
  5. Marketing the real estate projects depending on our long experience in this field and on the extensive customer base that we have in the external and internal markets.

Elements of success of real estate Property Development

  1. Department of studies and research in the real estate company to follow up with the market and update the data.
  2. Department of investment management, where the developer has a remarkable ability to manage the capital funds employed for the projects, especially that he is usually busy with more than one real estate development project.

Post a Comment

avatar
  Subscribe  
Notify of

Related Posts

Compare

DHA Haly Tower

0