This document provides an overview of the key aspects of being a real estate entrepreneur presented by Vikas H. Lagoo. The three major aspects discussed are the commercial, financial, and technical aspects. Under the commercial aspect, factors like the land such as size, shape, and zoning are discussed. The financial aspect covers investment costs, funding sources, and rate calculations. Finally, the technical aspect outlines planning, execution, and maintenance considerations such as appointing contractors and ensuring quality control and customer satisfaction.

1. REAL ESTATE ENTREPRENEUR
PRESENTATION BY –
VIKAS H. LAGOO

2. MEANING OF ENTREPRENEUR
A person who sets up a business taking
responsibilities of all the aspects regarding
completion of Successful Project.

3. MAJOR THREE ASPECTS :
1.Commercial Aspect
2.Financial Aspect
3.Technical Aspect
These all three aspects are very important to project viability and
are interconnected. We have equal attention for a project to
become successful.

4. 1. COMMERCIAL ASPECT :
1. Land -
Land is major key of project.
There are various types of lands / plots with uncertain
levels / strata's.
Size of land is very important.
Frontage / shape of the plot.

5. 1. COMMERCIAL ASPECT :
1. Land – (Uneven Land)

6. 1. COMMERCIAL ASPECT :
1. Land – (Hilly area / Flat area)

7. 1. COMMERCIAL ASPECT :
1. Land – Diff. Sizes & Shapes of plots

8. 1. COMMERCIAL ASPECT :
2. ZONE -
We can not construct a building on every land .
• There are certain rules and regulations of Govt. regarding
the construction and zoning is very important.
Zones are - GREEN / YELLOW / INDUSTRIAL / SEZ / Etc.

9. 1. COMMERCIAL ASPECT :
2. ZONE - Development Plan for PMC

10. 1. COMMERCIAL ASPECT :
2. ZONE - Development Plan for PMC

11. 1. COMMERCIAL ASPECT :
2. ZONE - Development Plan for Nagpur

12. 1. COMMERCIAL ASPECT :
3. ANY RESERVATIONS - DP ROAD
CORPORATION
ARCHOLOGICAL DEPT
OTHER SPECIFICATIONS
• Reservations are in the development plan of various types like
Garden / play ground / public , semi public zone / parking's and etc.
• We just check that our land is free or have any reservation
• There are two types whether the land is free to construct or some
reservations are applicable . For reserved land there are different
ways to get clearance.

13. 1. COMMERCIAL ASPECT :
4. LEGAL TITLE OF LAND -
OWNERSHIP can be SINGLE / MULTIPLE / HUF / PVT LTD /
Company
• Legal title is very much important for all financial aspects
SOCIETY PLOT / REDEVELOPMENT
CLEAR MARKETABLE TITLE
ANY OTHER INTEREST

14. 1. COMMERCIAL ASPECT :
5. CALCULATION OF LAND (Based on)
 FSI (Floor Space Index)
As per the Corporation Development plan we check the FSI of the land. How much area we can use for
construction
 TDR ( Transfer of Development Rights )
Whether the property is eligible for TDR. How much we can load the TDR the 20%, 40%, 60%
 ROAD WIDTH
Whether the approach road of the property is 9 metres, 12 metres, 18 metres or whether the state
highway, national highway
 ANY NOC PARTICULARS
 ANY FUTURE EXPANTION / AMALGAMATION
Always consider in your planning that adjacent properties are in the scope of our development.

15. 1. COMMERCIAL ASPECT :
6. MARKET REQUIREMENTS & SURVEY-
ANY NEAREST PROJECT
 RATE IN NEAREST AREA / PROJECT
 SPECIFICATION GIVEN IN NEW PROJECT
 TYPE OF CONSTRUCTION / AMENITIES
 AREA OF FLATS / LAYOUT OF FLATS
 HOW MUCH SUPPLY IS AVAILABLE
 WHAT IS DEMAND – CLASS OF POPULATION AROUND THE PROJECT
TOWER BUILDING NEAR Slum / Garden
 PUBLIC FACILITY – SCHOOL / BANK

16. 1. COMMERCIAL ASPECT :
6. MARKET REQUIREMENTS & SURVEY- Tower near Slum

17. 1. COMMERCIAL ASPECT :
6. MARKET REQUIREMENTS & SURVEY- Tower near Garden

18. 1. COMMERCIAL ASPECT :
6. MARKET REQUIREMENTS & SURVEY- Tower near Commercial building

19. 2. FINANCIAL ASPECT:
Time is very important factor to become a successful project
1. TIME :
 For required NOC from various Departments
For Legal & Marketable Title from Advocate.
For Sanctioning at competent authority

20. 2. FINANCIAL ASPECT:
2. Investment:
Plot Cost
Construction Cost (Involves building cons. cost , amenities cost, and
consultant fees)
TDR COST
OTHER COST ANY UNFORSEEN COST
 ADMINISTRATIVE COST
 ADVERTISING COST

21. 2. FINANCIAL ASPECT:
3. Source of Fund Raising :
Project Finance from Bank / Bank interest
• Normally the Bank will offer project finance only for the construction of the building and not for the
land.
Investors Returns
• The project involves the investors in different types of returns
Any prelaunch collection
Expected Booking flow
Non booking Situations / arrangements of funds
Any other fund raising

22. 2. FINANCIAL ASPECT:
4. Calculation of rates and other market situation :
Initial rate for 30 % booking
Material Escalation

23. 3. TECHNICAL ASPECT :
PLANNING –
• APPOINTMENT OF ARCHITECT
• APPOINTMENTS OF Structural ENGINEERS.
• ESTIMATION
• ASSESMENT OF SBC
• SOURCE OF WATER AND ELECTRICITY
• APPOINTMENTS OF CONTRACTORS
• PLANNING OF LABOUR COLONY
• SITE OFFFICE
• QUALITY CONTROL
• APPOINTMENT OF PROJECT ENGG. / SITE ENGG. / SUPERVISORS / WATCHMEN ETC.

24. 3. TECHNICAL ASPECT :
Execution –
• Execution as per Time, Cost & Specification
• Final Delivery of Project
• Possession of Project

25. 3. TECHNICAL ASPECT :
Maintenance –
• Learning from past experience we have to minimize
maintenance cost & time as well
• with minimum maintenance maximum satisfaction
Satisfaction of customers is the key to Success.

26. THANK YOU