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Property development is a multi-disciplinary process requiring team activity; and it can be viewed as the use of land in its broadest sense to obtain a satisfactory environment taking into consideration the social and economic needs of the society. It is a creative activity and covers a wide range of ‘processes’.

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PROPERTY DEVELOPMENT PRACTICE

FIRST Edition

ISBN 978-978-50988-5-3

© Kuye Olusegun

(2018)

Property development is a multi-disciplinary process requiring team activity; and it can be viewed as the use of land in its broadest sense to obtain a satisfactory environment taking into consideration the social and economic needs of the society. It is a creative activity and covers a wide range of ‘processes’. Thus, the development of a parcel of land is a process, which transcend beyond the actual construction work. It begins from conception of a building project and end when the building is put into use or disposed through sale.

This BOOK, an offshoot of the Estate Office Practice, is a lucid and comprehensive description of the property development process. Some of the key issues that were treated include:

  • Project conceptualisation
  • The identification and roles of stakeholders in property development
  • The search for suitable building site
  • Development finance
  • Development planning and design
  • The development team
  • Stages of building construction
  • Project planning and management
  • Building plan approval process
  • Tendering (procurement) methods and procedure
  • Contract management
  • Project management practice
  • Project management programming tools
  • Project management activities
  • Sources of conflicts in project management
  • The Project Managers
  • Challenges of property development
  • Tips to ensure the success of property development

Certainly, this BOOK will be of immense benefits to everyone in the built environment irrespective of their different backgrounds and professional callings.