There is little doubt that the real estate industry is one of the biggest industries in the country. It generates turnover running into billions of dollars and also provides employment to thousands of persons across the country. It also without any doubt provides business opportunities to quite a hundred enterprising and ambitious individuals and companies. However, whenever we buy or sell a real estate property, seldom do we realize the various important aspects that go behind it. Before the actual buying and selling of the property, one has to bear in mind that there are quite a few technical things that need to be done to give shape to the building or property in question.
Constructing a home is not easy and there are quite a few important technical aspects that should be taken into account. One has to find out more about the quality of the soil where the property is being constructed. Lot of effort has also to be given to the construction type and the type of raw materials that are being used. These will directly depend on the quality of soil, climate and other factors. For example when a property is constructed near a beach resort or on the sea shore, the technical factors that are applicable will be totally different from what is applicable in a rocky terrain. In the same light, when a real estate is being constructed in an earthquake prone territory, then the technical issues that need to be addressed
These technical information are quite complex and therefore it is important to get the latest updates on the same only from those who have the right experience and expertise in this matter. For example, there could be issues related to the plinth area depending on local government rules, the kind of foundation materials to be used, the height of the buildings in question and other such matters. While some basic technical information might remain static, it is quite possible that certain technical information would need constant change and updating. These could also have an impact on the valuation of the property. Hence, it is important for valuers to have a clear understanding about the various technical updates that keep coming every now and then.