A real estate consultancy in Hosakote, Bengaluru, provides a service that is primarily advisory in nature, rather than transactional. A client would hire a consultancy for expert, unbiased advice on a real estate matter, for which they would pay a fee, regardless of whether a transaction occurs. This could involve a developer hiring a consultancy to conduct a market feasibility study for a new project, an investor seeking advice on creating a real estate portfolio, or a company needing a strategic plan for optimizing its real estate assets. Praja Properties often plays this consultancy role, providing its clients with the strategic insights and data-driven analysis they need to make informed real estate decisions.
A "real estate consultancy" in Hosakote, Bengaluru, can also offer specialized services to banks and financial institutions. When a bank is considering lending a large amount of money for a new real estate development project, they will often hire an independent real estate consultancy to conduct a techno-economic viability (TEV) study. The consultancy will analyze the project's design, its construction cost, its market potential, and its financial projections to provide the bank with an unbiased assessment of the project's risks and its probability of success. This independent, third-party validation is a crucial part of the bank's risk management process.
A real estate consultancy in Hosakote, Bengaluru, also provides a crucial service for companies that are looking to dispose of their surplus real estate assets. A manufacturing company might have a piece of land or an old building that is no longer needed for its operations. A consultancy can advise the company on the best strategy for monetizing this asset. This could involve an outright sale, a joint venture with a developer, or leasing the property out. The consultancy will analyze the market and the property's potential to recommend the strategy that will generate the maximum value for the company.