Real Estate Development Team – Create It! Part 2

Understanding the core team behind a successful property development it crucial to your success in this industry. The next several issues will inform you the reader about who your team is and what you need to understand before you even think about starting to develop property! But before I start, you must also realise that there is a successful method to developing property and a non successful way. The successful way will provide you with the maximum profit and provide you with a winning team that will want to work with you again and again. What you also must understand is that it is important to realise what each member does, but it is not imperative that you know how to do their job!! You manage the ‘knowledge’. You must know who you are! With out you, no one gets paid. Remember that fact! So what my aim is here is to give you the fundamentals to what is required to build this team and the first steps are to understand your team members and give them respect! In the first issue we began with the key person in your development team, The Architect, and now we will focus on the Structural Engineer.Structural engineers are involved with designing steel, concrete, or timber structures such as tall buildings and dams. Wastewater treatment engineers are another type of civil engineers that specialize in water treatment plants. Structural engineers are specialized civil engineers who are responsible for the design, inspection, analysis and evaluation of supporting and reinforcing structures. They are registered professionals responsible for designing and coordinating the work necessary to produce a safe and code-compliant structure. Structural engineers are divided into two sections, bridge engineering and building engineering. Furthermore they often specialize into a particular structure manufacture or construction, such as pipeline engineering or industrial structures.Structural engineers are challenged daily with the “unique” and the “unusual” in the area of structural steel connections. New ways to make steel connections, and to design and evaluate them are an integral part of current research into steel and other ductile metals. Structural Engineers are professionals with the confidence of the public. Structural engineers are also helped today by computer software that can create models to study the effects of design changes and alternative building materials on a structure’s load bearing ability.Civil and structural engineers are in high demand, and some areas of engineering are experiencing a skills shortage so they are eagerly recruiting. But don’t expect to just walk into a job: you’ll have to showcase your skills . Civil engineers frequently erroneously assume that they are competent to perform structural work on the basis of their tertiary education. This may be true in the design of the most elementary of structural elements. Civil engineers work in planning, designing, building research, plant operation, government, law, teaching and administration. Whatever their jobs, civil engineers must combine the technical expertise of the engineering profession with a social awareness and an interest in humanity.Civil and structural engineers are trained and licensed to evaluate buildings and structures, whereas geotechnical and foundation engineers are trained to evaluate the soils and foundations. When hiring a consultant, you are asking an experienced professional to review a potential problem and possibly to provide plans and specifications for correcting the problem.As with any of your team, look for referrals from professionals and interview and evaluate them and their works!

Top 10 Real Estate Websites in India

Real Estate in India is in great demand as the population of India is increasing rapidly. There is a high demand for real estate especially for the residential sector. The commercial sector demand is lesser as compared to the residential sector. The rate of the residential sector is growing with each passing day and one can notice a property price fluctuation almost every day.The property rates are not only increasing in the prime locations of India but also in other areas because of the high demand. Moderately salaried people and even people having low incomes have started moving from their towns or cities. They are relocating themselves in other areas away from the prime locations because of these high rates. Being aware of this huge demand in the property market, property builders are also demanding high rates for good projects at great locations with well designed features and specifications.The market is therefore very vibrant and all professionals related to this industry especially the property agents are utilising this opportunity to make money by selling builder units. They apply different marketing strategies like publishing advertisements in news paper, property websites, marketing through outdoor hoardings, email campaigns and many more. Among the above mentioned strategies digital websites are a lot in demand due to their cost-effectiveness and high reach. The following are top 10 websites in India which are helping to sell real estate, market property services and also providing complete knowledge, information on properties, builder projects and other property related topics.MagicbricksdotcomMagicbricksdotcom is an online public portal developed by Times Business Solutions launched in August 2006. It has emerged as India’s No. 1 Property Portal in terms of getting unique visitors as compared to other property websites. This is the place where you can enlist your property or enlist your requirement as a property owner, developer or as an agent in any location across India. It is an ideal platform for property seekers and sellers.99acresdotcom99acresdotcom is yet another an online platform in India developed by the Naukri Group. It can be called as No. 2 property portal in terms of visitors. This portal is dedicated to meet every aspect of the property consumer’s needs in the industry.IndiapropertydotcomIndiapropertydotcom as the name implies is a property portal for properties across India founded by Consim Info Pvt Ltd. Being the first online property portal to launch the concept of “Virtual Property Fairs” in India, it is one of the largest online service provider for property agents, property developers as well as for seekers and sellers.CommonfloordotcomCommonfloordotcom was founded in 2007 by IT professionals as a property portal with a difference. It is India’s first property portal dedicated to apartments and gated communities. Commonfloordotcom offers superb and easy tools to manage buy, sell, rent apartments in a given locality.HDFCReddotcomHDFCReddotcom is an online real estate destination founded by HDFC Limited which India’s leading mortgage lender. HDFC RED is a property digital information hub where you can find all information on new builder projects and other real estate investment options. It is like a digital bridge between home buyers and developers across India.GroffrdotcomGroffrdotcom is actually a name derived from Group Offer. It is an online property group booking digital hub based in India. It offers discounted group booking facilities on new projects by real estate developers across India. Apart from properties Groffr also offers discounted deals in automobiles and electronics.StampdutyregistrationdotcomStampdutyregistrationdotcom is India’s top real estate website for property related professionals. It enlists all types of professionals like property advocates, home loan agents, real estate agents, architects, interior designers, property valuers, real estate developers and so on. It is an ideal online platform for property professionals to highlight their businesses and services as per their business locations and attract a lot relevant customers. This portal also has a separate property section to find homes and other commercial properties.ReadyreckonerdotinReadyreckonerdotin is an online hub for property related information, mortgage related information and ready reckoner values for properties across India. It provides users sample legal documents like sale agreement, rental agreement and an online ready reckoner calculator to calculate the property stamp duty values.IgotmydealdotcomIgotmydealdotcom is a complete property solutions portal. It offers a range of services which includes discounted property group bookings, distress properties for sale, new real estate projects’ information, property investment options, hotels for sale, preleased properties, luxury homes, bulk property bookings for investors, etc.AllcheckdealsdotcomAllcheckdealsdotcom is an online property broking portal by Info Edge (India) Ltd. It covers all India real estate projects and provides property deal options in residential projects and also in commercial projects.These are some of the top real estate websites in India which offer real estate services right from property information, selection, site visits, bookings, documentations, home loans and after sales service.