ARCHITECT | LEGAL | PMC
Certified Feasibility Report
Saakar’s role in producing 100% accurate feasibility reports is fundamental to the success of redevelopment projects. By focusing on detailed analysis, precise financial and technical assessments, rigorous legal checks, and thorough risk management, Saakar ensures that the feasibility report serves as a reliable foundation for decision-making. This approach not only enhances the credibility of the report but also builds trust among stakeholders, paving the way for successful project execution
Key Responsibilities of Saakar in Feasibility Report Preparation:
Detailed Site Analysis:
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Current Site Condition: Conduct a thorough analysis of the existing site, including the structural condition, land use, and any environmental factors that could impact redevelopment.
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Zoning and Land Use Regulations: Ensure that the proposed redevelopment plan complies with local zoning laws and land use regulations.
Financial Feasibility:
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Cost Estimation: Accurately estimate the total project cost, including construction, legal, and administrative expenses.
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Revenue Projections: Develop precise revenue projections based on the sale of additional units, increased FSI utilization, and potential rental income.
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ROI Calculation: Calculate the return on investment (ROI) to ensure that the project is financially viable for all stakeholders.
Technical Feasibility:
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Design and Planning: Evaluate the technical feasibility of the proposed design, including architectural plans, structural integrity, and compliance with building codes.
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Technology and Materials: Assess the availability and cost of construction materials and technologies that will be used in the project.
Legal Feasibility:
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Title Verification: Ensure that the property has a clear and marketable title, free of any legal disputes or encumbrances.
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Regulatory Approvals: Confirm that the project can obtain all necessary regulatory approvals, including environmental clearances and building permits.
Social Feasibility:
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Stakeholder Impact: Assess the potential impact of the redevelopment on existing residents, including any required temporary relocation and how it will be managed.
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Community Benefits: Identify potential benefits for the community, such as improved infrastructure, amenities, and environmental enhancements.
Risk Assessment:
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Identifying Risks: Identify potential risks, including financial, legal, and construction-related risks.
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Mitigation Strategies: Develop strategies to mitigate identified risks, ensuring that the project remains on track.
Accuracy and Verification:
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Data Accuracy: Ensure that all data used in the feasibility report is accurate, up-to-date, and verified through multiple sources.
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Review and Validation: Conduct rigorous reviews of the report at every stage, involving cross-functional teams to validate assumptions, calculations, and conclusions.
Clear Presentation:
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Executive Summary: Provide a clear and concise executive summary that highlights the key findings and recommendations.
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Detailed Reporting: Present the feasibility report in a detailed and organized manner, making it easy for stakeholders to understand the project’s viability.
Continuous Improvement:
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Feedback Incorporation: Regularly incorporate feedback from stakeholders and update the feasibility report as necessary to reflect any changes in market conditions, regulations, or project scope.
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Learning and Adaptation: Continuously improve the accuracy of feasibility studies by learning from past projects and adapting methodologies accordingly.