RE4101 Introduction to Real Estate Development and Design Syllabus:
RE4101 Introduction to Real Estate Development and Design Syllabus – Anna University PG Syllabus Regulation 2021
OBJECTIVES
To enable understanding of land as a resource and a commodity.
To provide adequate inputs to help understand the whole development process as a seamless activity and be aware of the tactical aspects of the entire process of real estate development and design.
To equip students with the knowledge of various layout planning parameters and approval process involved.
To encourage students to explore current trends in asset building and property development.
To enable an appreciation of the role of team work to make a successful project.
UNIT I CONCEPTS
Fundamental Concepts- Physical/Economic Characteristics, Types of Real Estate, Techniques & Sequential events in Real Estate Development Process- surveys and data rationalization; Development planning – preparation and interpretation.
UNIT II PRE PROJECT-STUDIES AND EVENTS
Site-Inventory, Evaluation& Feasibility Studies, Understanding & Analysis of Trends and Market Trajectories (Micro and Macro market), Factors affecting real estate demand, Development Team assembly.
UNIT III LAYOUT/DEVELOPMENT PLANNING & APPROVAL PROCESS
Planning objectives, Layout Planning Parameters-Plot, Road Network, Infrastructure and open spaces, Efficiency of Layout/Development, Master plan & Detailed Development Plan. Front end clearances and Approvals from various authorities.
UNIT IV CURRENT TRENDS IN REAL ESTATE
SEZ, SPV, Joint ventures, Franchisee systems, Types & Parameters, Smart city concepts, Green building, Certifications and Rating for Buildings/Townships (IGBC, CARE, CRISIL, ICRA)
UNIT V HANDING OVER OF ASSETS
Business Communication Tools required for presenting the project, in house sales promotion, public relations, transfer of completed project, Setting of Project Management Office, Estate Management
TOTAL: 45 PERIODS
OUTCOMES
Understanding of land as a resource and public domain and its endless opportunities for inclusive growth.
Skill in applying the various principles and techniques taught in the subject in real estate design and development process.
Understanding of principles in transactions relating to the allied operations of real estate.
Knowledge about the recent trends and innovations in real estate.
Knowledge in the transfer of completed projects and communication tools required for presenting the project.
REFERENCES
1. Fillmore W Galaty, “Modern Real estate practice” (2002); Dearborn Trade Publishing, New York, U.S.A.
2. Gerald R Cortesi, “Mastering Real estate principles” (2001); Dearborn Trade Publishing, New York, U.S.A.
3. Mike .E. Miles, “Real estate development – Principles & Process 3rd edition, (2000); Urban Land Institute, ULI – Washington DC
4. Richard B Peiser & Anne B. Frej, “Professional real estate development” – The ULI guide to the business – (2003), Urban Land Institute U.S.A.
5. Tanya Davis, “Real estate developer’s handbook”, (2007), Atlantic pub company, Ocala, USA.
6. Prasad Reddy, G., and P. Mohan Reddy. “INDIAN REAL ESTATE INDUSTRY: Issues And Initiatives.” CLEAR International Journal of Research in Commerce & Management 6.7 (2015)
7. Dr. KR.Thooyavan. “Human Settlements – A planning guide for begginers”,(2005),Ma Publications