Real Estate Enterprises
Real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of an existing building to the purchase of raw land and the sale of improved parcels to others.
The FICUS Builders & Developers is the coordinator of those activities, converting ideas on paper into real property. We create, imagine, fund, control and orchestrate the process of development from the beginning to end. We usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, we purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approvals and financing, build the structure, and lease, manage, and ultimately sell it. We offer real estate services in almost all the spheres which are there in our national market: land development; office development; retail development; health care development; appraisals; brokerages; property management; real estate marketing; relocation services; and, corporate real estate. The FICUS Builders & Developers has the pride to be one of the fastest growing groups of companies in the real estate sector. We serve our local, national, and international customers as per our customer friendly and state-of-the-art policies. Despite various units, most of our customers are from the growing industrial sector of the country. The development process requires skills of many professionals: architects, landscape architects, and site planners to address project design; market consultants to determine demand and a project’s economics; attorneys to handle agreements and government approvals; environmental consultants and soils engineers to analyze a site’s physical limitations and environmental impacts; surveyors and title companies to provide legal descriptions of a property.
Assembling a team of professionals to address the environmental, economic, physical and political issues inherent in a complex development project is critical. A developer’s success depends on the ability to coordinate the completion of a series of interrelated activities efficiently and at the appropriate time. Moreover, The FICUS Builders & Developers has taken every possible measure to meet or exceed these standards.
Subdivision of land is the principal mechanism by which communities are developed. Technically, subdivision describes the legal and physical steps a developer must take to convert raw land into developed land. Subdivision is a vital part of a community’s growth, determining its appearance, the mix of its land uses, and its infrastructure, including roads, drainage systems, water, sewerage, and public utilities. In general, land development is the riskiest but most profitable technique as it is so dependent on the public sector for approvals and infrastructure and because it involves a long investment period with no positive cash flow.
After subdivision is complete, the developer usually markets the land to a home builder or other end user, for such uses as a warehouse or shopping center.