Development - dos and don’ts
The pitfalls of property development can be brutal. Here’s how to avoid them
PROPERTY HUB MAGAZINE - NOVEMBER 2023
Our Director Saghir Hussain shares some valuable insights into the dos and don'ts of property development. He highlights the importance of thorough preparation and seeking expert help from the beginning. It is crucial to check for any restrictions or obstacles that may affect the development, such as planning permissions, easements, or access rights.
Creating a clear planning strategy and establishing a detailed budget are essential steps. Additionally, having a contingency fund to cover unexpected expenses is recommended.
Overall, Saghir emphasises the significance of understanding the level of development one is comfortable with and seeking professional guidance throughout the process.