Exploring the opportunities and pitfalls of a real estate project is significant before investing your valuable time and money into it. Our feasibility studies help you consider legal, economic, technological, and the other primary factors, which are critical for the successful completion of real estate developments. We always follow the best practices in developing a real estate feasibility study, which analyses the market, location, competition and potential risk you might face in your project.
A thorough feasibility study is essential to determine whether your proposed real estate project will be a remarkable success or a terrible failure. With our feasibility studies, you can quickly identify any potential risks you may face and evade those issues that might destroy the entire project. We look into every detail of a project to ensure its viability, such as the suitability of the site, approvals to be obtained from various authorities, dealing with objections from neighbours around the project location, controlling budget overruns and so on.
Dar Al Ishraq possess extensive experience concerning feasibility and business planning matters, at a project, portfolio, and enterprise level of scrutiny. While we typically deal with real estate, our work has at times includes industrial, operating business, and special-purpose properties. In fact, even where our services are of a more creative nature, we still monitor and evaluate potential financial feasibility throughout the ideation, planning, design, and construction process. Our work includes integrated marketing and financial feasibility analysis, for to-be-built and operating facilities and portfolios.
We conduct feasibility studies to help property owners, developers and lenders make informed decisions by providing critical information about a specific concept or project. They include new construction, redevelopment or renovation of an existing facility, or reuse of under-utilised or abandoned facilities. The project feasibility studies we provide represent the comprehensive outline of numerous analyses used to determine the viability of a project.
In short, our feasibility study gives you the real picture of how the real estate project you are involved in will materialise in the long-run. It will prompt you to reevaluate your budgetary allocation for the project by pinpointing the problem areas. It also clearly shows the improvement you can achieve with changes in your project development process. At the outset, our analysis and research on the market trends and competition inform you about the chances of your success and failure. Proper planning makes a significant difference in your project, and Dar AL Ishraq’s feasibility studies are done to help you acquire the best results from each of your real estate project.