Why undertake financial feasibility studies for property development proposals?
Written by Mark Andrews on 29/10/2020

You can have a wonderful dream for a development concept for a piece of real estate but if that concept is actually financially unfeasible to implement, then you could lose a great deal of time and money by pursuing that idea. In other words, implementing your gut feeling about the viability of a property development proposal, without having comprehensive, objective and corroborating evidence for the validity of your intestinal opinion, could be dangerous for your financial and mental well-being!