All Forum Posts by: Vijay Kurhade

most responses have pretty much covered options you have. if security deposit covers those damages that's your first option or your insurance and if they damage property in bad ways you can take help of the law.

best course of action is get them leave your place sooner the better.

in rentals, you do come across one or two such examples. but you have to deal with it as peacefully n professionally as possible

all the best

Hi,

As a expert in real estate marketing/sales how will you rank following property characteristics from an Buyers perspective.

Property Size

Quality of Construction

Internal Layouts

Accessories

Price

Project Amenities

Locality/Neighborhood

Future Appreciation.

Thanks in advance.

Regards-

Vijay

What is Environment Society Governance in Real Estate industry and which are some of related initiatives for planning tangible, regulatory and reputational benefits as well risks.

Every one keeps talking of global warming; EV industry keeps talking of green energy when electricity is generated by n large using fossil fuels, n no of startups keep claiming solutions to reducing carbon footprints with Building designs which are adherence to compliance and essential environmental standards. But in reality we are consuming more and more energy even for unnecessary things. And knowingly-unknowingly amount of non-bio degradable waste almost everyone of us is producing is another area of concern.

Question for CRE technical industry is;

Could you please explain with some examples How does Building Designs or Operational phase modifications with Environmental compliance help in reducing Energy consumption to great extent so that Facilities really contribute in reducing their Carbon Footprints?

Hello,

Which are some of techniques or methods used to find salability of projects at very early stage by investors or developers?

Thanks in advance.

Regards-

How much % of total project cost should be marketing&sales budget?

And which ones should be complete-partly in-house and outsourced as well pros-cons of both models?

Thanking in advance.

Is there any standard practice to break TCC something like
      Site preparation and other works 4-6%,     
      Service works 14-19%, 
      Finishing works 20-25%,
      Civil works 50-55%,     
      Consultation charges 3-5%

of Total Construction Cost estimations?

As a newbie to experienced investor, developer; which are some of the due diligence questions you ask for almost every opportunity which is brought to your attention or you yourself may have found.

Thanking in advance

Almost every other PropTech startup to established player keeps highlighting traditional brokerages or real estate agents as time consuming, less returns on commission investment, higher transaction commissions.

Promise is always List with us and in just few days have your deal completed, for Buyers to Sellers.

Any one who has experienced real estate transactions be it as buyer or seller or developer or investor or even contractors/designers, every one knows value of experienced real estate agent or consultant; its not only about commissions but so many nuances of trade are made not only simple but kind of peace of mind in expert hands.

What are your views on much of the noise we see in startup and VC community when it comes to PropTech's and everyone trying to highlight traditional brokerages as Evil or Money-Time wasting resources and promising something which so far does not seem like delivering on what is promised?

@Account Closed

It is similar situation around the world today as far as construction industry is concerned. Material Labour costs are going up insanely. On top of it all this China ban sentiments are boomeranging look at India for e.g. despite being iron copper zinc n other metal mining country lots of material comes form China; now current political situation has put limits on imports from China giving mining companies an brightest sunny day in entire history with prices gone up by 300-400% same is lumber glass you name it and now they will never allow Government to lift those sanctions. Then property taxes, registration-stamp duty is 5-9% of market value of property. Land prices is same story.

There is pressure on developers to keep prices steady means squeezed margins. So obviously they will take short cuts with Quality which may put buildings in danger in next 2-3 decades as in the end they too cannot put money form own pocket if margins are lower.

One thing which i always failed to understand, obsession of so many people even in drought states of US to have pool in their backyards.

Home Buyers, Contractors, Developers are the one paying out heavily one way or the other