The existence of multiple special planning authorities (SPAs) in a single city e.g. MCGM, SRA, MHADA, MMRDA, MIDC etc. in Mumbai, has necessitated the need for providing professional Technical Due Diligence services to Investors in Real Estate Projects.
BMCL / IAPL assist clients viz. Individual Investors, Banks, Fund Houses, NBFCs etc. by providing technical due diligence before investing debt / equity in residential and commercial real estate project. Technical due diligence helps enable you to identify the prospects and risks of your real estate investments. Our thorough independent analyses, inspections and evaluations as well as neutral reviews expose potential cost drivers and other problems like legal issues, structural problems and environmental risks.
As part of our Tech DD report, we review FSI calculations in light of existing and proposed DP/ DCPRs for that city and opine on financial feasibility of proposed development. We review status and adequacy of statutory approvals obtained for the proposed development; opine on additional approvals required, if any, for full consuming full development potential, highlighting risk weightages and time lines for such approvals. This helps you make an informed decision about the genuine value of the property and identifying both the opportunities and limitations of your investment.
BMCL / IAPL offer technical due diligence for office and residential buildings, shopping and trade centers, logistics buildings, hotels, commercial and industrial parks. Currently we offer these services in Mumbai (MMR), Pune and Ahmedabad cities.