The Stages Of A Real Estate Project

Have you ever thought about all the work that goes into building a real estate project?

For all stages of a real estate project, from the simplest to the most complex, there are various steps that need to be followed carefully in order to achieve an optimal result. Abraham Leser, the chairman and president of The Leser Group, a real estate development company, will explain to you what this process consists of.

1. Project conception stage

In general, the conception of a real estate development begins with an investigation that defines the appropriate location for its construction. The analysis will determine the location that best meets the needs of its future residents. Then a soil study is carried out to determine the suitability of the land. Leser indicates that, depending on the level of complexity of the project, the length of this stage may vary.

 

2. Design stage

Once the first of the stage of the real estate development has been completed, it is time to start with the design.

Leser specifies in his videos, that the design team is led by an engineer or an architect. He will ensure that the real estate project fully complies with the rules of the building regulations. Typically, there are four steps within the design stage which include scheduling and feasibility, schematic design, design development, and documents.

 

3. Pre-construction stage

The next stage, according to Leser, consists of the preparation of the construction site. The site is surveyed, which will help predict any environmental challenges that may arise during the process. When all the information is finally available, it is reviewed by the respective authorities, which generally takes considerable time.

 

4. Construction stage

Before building begins, a meeting is held to ensure that all efforts are aimed at the same goal, according to a plan.

The Chairman of the Leser Group points out that during this part of the process, the main objective is to faithfully follow the plan outlined for the construction. The stage will last for a long period of time, usuallly 1 to 3 years.

 

5. Post construction stage

The last stage of the real estate project occurs once the entire construction process has finished. However, there are still a few steps to follow before handing over the keys to their respective owners.

“A detailed inspection of the entire building is necessary. It seeks to resolve any minor detail that needs to be resolved in order to deliver a quality product. If everything is in perfect condition, this check can be quite simple,” says Abraham Leser, chairman of a real estate development company.

Finally, the real estate company is ready to put on the market a safe project that complies with the corresponding regulatory aspects and meets the needs of all the people in the area.