Parash from ASAP finance discusses some of the common costs that left out by first time developers.
It is important to include these in the budget from the onset.
- Civil Works
- Water Care
- Council Contribution
- Vehicle Crossing
ASAP is a non bank funder, which allows for more flexible funding albeit at a higher cost. This can enable clients to deliver a product with a profit margin where the only alternative is other investors. Joint ventures obviously place more pressure on profit margins.
