Regulatory Requisites & Development Cost Analysis Handbook – March 2019
Regulatory Requisites and Development Cost Analysis are the key components in the development cycle of a real estate project. Detailed understanding of these aspects is crucial along the lifecycle of a project and are regularly referred from feasibility to development phase of the project. All the key stakeholders – owners, developers, investors, consultants need this information in a concise format. The report covers key aspects in these fields to help key stakeholders through the lifecycle of the project – from inception to development until completion. The handbook is divided in two sections:
Regulatory Requisites - This section deals with two primary aspects i.e. Statutory Authorities involved with physical, legal and regulatory aspects of land and the list of key Government documents associated with land and development. Town Planning Authorities involved in issuing development approvals for residential and commercial developments. The report also covers cost and time involved in receiving development approvals for various product types within residential and commercial segments.
Development Cost Analysis - There are two major costs associated with development of a real estate project – land cost and development cost. The report captures development cost for various products namely apartments, villas & plots under residential segment and warm shell office under commercial asset class.