Real estate investment in the high growth Asian and emerging markets is booming and attracting international capiboth regional and tal .nowadays real estate industry must adopt new approaches to address regulatory requirements and financial risks, whilst meeting the challenges of expanding globally and achieving sustainable growth.
Cambridge Consulting consultants can provide a deep technical experience in providing assurance, transaction and advisory services. And we work to anticipate market trends, identify the implications and develop points of view on relevant industry issues. Ultimately it enables us to help you meet your goals and compete more effectively.
The real estate sector in India is of great importance. According to the report of the Technical Group on Estimation of Housing Shortage, an estimated shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12) provides a big investment opportunity.
According to a report ‘Emerging trends in Real Estate in Asia Pacific 2011′, India is the most viable investment destination in real estate, which provides an outlook on Asia-Pacific real estate investment and development trends, points out that India, in particular Mumbai and Delhi, are good real estate investment options for 2011. Residential properties maintain their growth momentum and hence are viewed as more promising than other sectors. ULI is a global non-profit education and research institute.
Further, real estate companies are coming up with various residential and commercial projects to fulfill the demand for residential and office properties in Tier-II and Tier-III cities. For instance, Ansal Properties has several residential projects in cities such as Jodhpur, Ajmer, Jaipur, Panipat, Kundli and Agra. Omaxe has also planned around 40 residential and integrated township projects in Tier-II and Tier-III cities, majority of them being in Uttar Pradesh, Punjab, Madhya Pradesh, Rajasthan and Haryana. The growth in real estate in Tier-II and Tier-III cities is mainly due to increase in demand for organized realty and availability of land at affordable prices in these cities.
Housing and real estate sector including cineplex, multiplex, integrated townships and commercial complexes etc, attracted a cumulative foreign direct investment (FDI) worth US$ 9,072 million from April 2000 to October 2010 wherein the sector witnessed FDI amounting US$ 716 million during April-October 2010.
Management of Real Estate Projects
With customized concepts and professional implementation, we secure quality, costs , schedules , and improve the value-add of your property throughout its life-cycle. As well we are able to launch projects, evaluating risk, architectural design, planning, preparation of an action plan, creation and management of the project team, and finalizing the project.
Time Management of Projects Implementation
Cambridge Consulting can help with Scheduling of projects, determining implementation requirements, following up and controlling the progress and implementation of projects on a regular basis, avoiding reasons of delay, setting procedures for progression of projects, preparation of projects’ progress reports.
Management of Projects’ Cost
Preparation of projects’ budgets, calculation of cost, cost reduction studies, preparation of cash flows, reviewing and accreditation of contractors’ findings, assessment and study of variables, studying contractors’ claims.
Developing construction plans, organizing the schedules set for clarifying the progression and the construction of projects, selection and employment of contractors, concluding agreements with workers, monitoring the work of supervisors and workers.
Management of Contracts
The importance of contract administration to the success of the contract, and to the relationship between customer and provider, should not be underestimated. Clear administrative procedures ensure that all parties to the contract understand who does what, when, and how.
Cambridge Consulting assures an accurate assessment of needs helps create a clear output-based specification. Effective evaluation procedures and selection will ensure that the contract is awarded to the right provider.