REAL ESTATE ASSESSMENT STUDY
Research Objective
To carry out a real estate research before the commencement of a mega residential project in Chennai.
Client
Renowned builder
Research Type
Desk research, field research, mystery visits, heat maps and public interviews
Research Approach
- Desk research to study construction projects.
- Field research to validate desk research.
- Mystery visits to acquire market intelligence inputs.
- Public interviews to analyze consumer buying behavior.
Research Outcome
- Desk research & field research:
- Study of construction projects- recently completed, ongoing and future ones
- Project type categorization
- Typologies of flats
- Amenities
- Market intelligence including mystery visits:
- Land value analysis (heat map representation)
- Selling price analysis (heat map representation)
- Absorption ratio vs vacancy ratio
- Insights from public interviews:
- Buyer’s budget
- Buying factors
- Own house vs rental house comparison
- Type of housing preference
- Housing demand
- Typology preference
- Amenities preference
- Future developments
- Connectivity and accessibility assessment
- Recommending ideal development type options along with timeline & phasing
- Recommending product mix options along with typology & sizes.
MEGA INTEGRATED TOWNSHIP FEASIBILITY STUDY
Research Objective
To propose an ideal project to the promoter who intends to develop a real estate residential development in an extent of about 220 hectares / 543 acres for a population of 100,000 with an average density 180 persons per acre / 450 persons per hectare with close proximity to Chennai
Client
Real estate promoter
Research Type
Primary research, secondary research and target group survey (quantitative survey using a structured questionnaire)
Research Approach
- Study of project site
- Study of environs
- Identification of target group depth interview respondents
- Assessment of government norms and regulations
- Scope of future development
- Feasibility calculations
Research Outcome
Insights of the following aspects were presented namely:
- Site analysis report and base map
- Environmental aspects
- Climatology
- Wind direction
- Site security
- Soil type
- Water type
- Vegetation
- Study of environs (15kms radius):
- Residential and commercial real estate analysis
- Target group field survey analysis
- Future proposals assessment
- Impact of development
- Traffic study
- Norms to be followed
- Norms and standards
- Layout and sub-division regulations
- DTCP approval procedure
- Environmental impact assessment
- Land acquisition procedure
- Approval procedure
- Concept, zoning & phasing plans
- Product mix solutions
- Saleable and non-saleable report
- Pricing and financial feasibility analysis
SEZ FEASIBILITY STUDY
Research Objective
To propose an ideal project to the promoter who intends to set up an multi product special economic zone at Chillakur mandal, SPS Nellore district, Andhra Pradesh, India
Client
Theoretical research under the category of special economic zone development for an educational institution
Research Type
Primary and secondary research
Research Approach
- Identified and did a holistic analysis of target industries
- Assessment of government norms and regulations
- Feasibility calculations
Research Outcome
Insights of the following aspects were presented namely:
- SEZ information:
- SEZ requirement
- SEZ Act, 2005
- Administrative setup for SEZ’s
- Approval mechanism of SEZ’s
- SEZ benefits
- Formulating objectives, assessing the scope and identifying limitations to the concept
- Infrastructure and connectivity assessment
- Fiscal and operational advantages
- Site analysis
- Industry market analysis of potential industries:
- Market sizing
- Market segmentation
- Investment opportunities
- Product mix solutions
- Financial feasibility analysis
REAL ESTATE FINANCIAL REVIEW
Research Objective
To conduct a real estate financial review of a mega real estate investment project in Kancheepuram to ascertain the seniority among a set of society members in claiming their authority over their favorable plots from a huge set of land parcel under the society’s name and to add differential rates of interest to the members who made erratic payments of installment amounts
Client
Employees society of a reputed company
Research Type
Data analytics
Research Approach
- Data analysis and data cleansing
- Data adjustments for differential rates of interest
Research Outcome
- Established seniority among the members of the society for selecting the plots
- Interest calculations for various rates of interest for the erratic payments made were arrived