STEPS IN GENERAL LAYOUT PLANNING OF RESIDENTIAL COLONY :
1.Pre purchase
2.Settlement & pre-planning
3.Town planning & demolitation
4.Construction documentation
5. Construction
6.Sales & Marketing
1.PRE PURCHASE:
Now obviously this stage is only applicable if you don’t already own the site you’re planning
to develop, and you are looking to purchase one.
This pre-purchase stage you could consider our due-diligence stage.
It’s all about identifying a site that ticks all of the right boxes.
The question we are trying to answer here is if the project is commercially viable or not.
Just because a site can be developed it doesn’t mean it should be.
We are looking at the block dimensions, residential zonings, encumbrances, overlays,
caveats, services such as power and water.
If the site has a notable gradient that needs consideration.
And off course the site’s orientation which can be critical when it comes to what can be
achieved.
In this pre-purchase stage, we are drilling right down into the numbers.
Looking at all the relevant costs and getting a clear understanding of what the potential
sales might look like.
Leveraging comparable sales and based on what we believe we will be able to achieve on
a particular site.
The number of feasibilities we do and subsequently sites we discard in this pre-purchase
stage can be insane.
Identifying the right site to develop is, without doubt, the first and most important step.
You need to get this right otherwise everything you do that follows will all be for nothing.
2.SETTLEMENT & PRE-PLANNING:
So, we’ve secured the site. We’re in the agreed settlement period and it’s game on.
Every day is a prisoner so it’s time to get to work.
The key activities in this settlement and pre-planning stage include engaging a land
surveyor to complete the surveys.
Engage an architect or draftsman to begin working on the preliminary drawings and town
planning submission and work with a broker to get the required finance approvals ready for
settlement.
One of the keys in this stage it to already know what you want to build so you can provide
detailed and clear instructions for your architect.
This way they can get your plans done and into council in the minimum amount of time.
The dream scenario is when you can achieve your town planning approval before you take
ownership of the property.
Believe it or not this is very much possible with the right processes in place.
3.TOWN PLANNING & DEMOLITATION:
After you have submitted your drawings and town planning report to council you can expect a
bit of a wait. Eventually, you’ll receive a request for further information.
The second you receive this you need to start compiling the requested information, make the
required changes and get it back to council as soon as practically possible.
Other things you need to consider in this stage of the residential development process include
the gas and power abolishment’s, securing the relevant permits, running the demolition tender
process and managing the demolition works.
One thing you need to take into account though is checking with your lender that it’s ok to
demolish the property at this stage. Some lenders like you to keep the asset standing until
right before you want to start construction.
Side note – learn more about subdividing property in Melbourne and strata subdivision with
regards to dual occupancy development projects. Also, clear up any confusion around strata
plan vs plan of subdivision.
4.CONSTRUCTION DOCUMENTATION:
This stage in the development process is critical to the success of your project and your
ability to maximise your return on investment. Getting your construction documentation
bulletproof at Little Fish is non-negotiable. It will go a long way to avoid delays and hidden
costs rearing their head once construction is underway
Having your construction documentation in order is also critical to the construction tender
process. It ensures your selected townhouse builders are pricing apples with apples.
Again avoiding hidden costs and surprises once construction is underway.
Some of the things you need to consider when pulling together your construction
documentation and tender package include interior design, buildability and value
management of the project.
Your tender package might include your working drawings, engineering, energy, civil
plans, landscaping plans, any soil test that have been completed, the computations, your
proposed plan of subdivision and the fixtures, fittings and finishes specifications.
I also should note that this same construction documentation package will also form part
of your building permit application. Remember though, what I am sharing here is just a
guide. You need to do your own research in your local area. My goal is to simply get you
heading in the right direction.
5.CONSTRUCTION:
You’d be forgiven if you thought this stage in the process was just the construction of the
development but that’s not the case. In this stage we are running the tender process
where we put the build-out to a handful of the builders we believe are best suited for the
project.
Assuming a builder you know or one that has been recommended to you is the right
builder is a mistake. With the potential to become a huge mistake. Every development is
going to be different and has countless factors that need to be considered. So it needs to
be horses for courses when running the tender process and selecting a townhouse
builder.
It’s also important you don’t look for the cheapest builder. Your goal should be to figure
out what the market value of the build is and then sign up the best builder you can at that
level or as close to as possible.
Things you need to consider in the construction stage of the residential development
process include the contract type you’re going to enter into, the liquidated damages you
can get your builder to commit to.
You’ll need to get your building permit locked away. You’ll need to think about your
street-side service such as applying for your PIC number. And once your construction is
underway you need to begin the process of subdividing your land.
6.SALES AND MARKETING:
Actionable steps in this stage can be completed much earlier on in the development process.
So this sales and marketing stage you can chip away at during the months prior when you
have spare time so it’s less of a mountain when this stage finally arrives.
Our goal here at Little Fish more often than not is to sell our properties off the plan. As such
we acquire all the relevant assets to help them fly off the shelf.
The things you need to be thinking about in this stage include 3D renders, marketing collateral
such as brochures and flyers, inclusions documentation and mood boards and trays.
The number one take away from this stage is to not skimp on the marketing assets and
collateral. Awesome assets and collateral equal an awesome sales proposition.
How people perceive things determines how they react to them. This is your chance to
position your residential development project as the kick-arse development that it no doubt is.
Layout Of Residential Building
AMENTIES PROVIDED IN OUR RESIDENTIAL
COLONY:
1.24/7 Security
The most important reason why people opt for gated communities is because of the
uncompromised security and 24/7 surveillance it offers. Entry in a gated community is restricted
and hence no outsider can enter the premises which ensures safety of our elders and kids. It also
results in reduced congestion on roads within the community.
2.Sufficient Water Supply
Urban residents often face water and power scarcity. Gated communities overcome these
problems through modern installations like rain water harvesting, solar generators, ground
water harvesting etc. Today, many gated communities promise 24/7 water and electric supply.
3.Children’s Play Area
Kids need green open spaces to play and fresh air to breathe for a healthy growth. In cities, due
to lack of appropriate space and safety on roads, kids end up spending their childhood within the
walls of their house. This leads to gadget addiction and ignored physical fitness. Gated
communities offer green play area where your kids can live a fun-filled childhood.
4.Fitness and Recreational Facilities
In today’s busy world, we live such fast-paced life that we seldom get time for ourselves. To break
the loop and develop ourselves as a person it is very important to indulge in some recreational
activity. Nowadays, gated communities give its residents recreational facilities like swimming
pool, clubhouse, super markets, mini-theatres, etc. within the premises so that they can relax and
enjoy without having to invest much of their time in travelling.
5.Proximity and Connectivity
While choosing a place of your residence, you must always ask yourself if basic necessities like
school, hospital, market, means of transportation are easily accessible or not. While most of the
gated communities have school and hospital within the premises, other facilities like bus/train
station, police and fire station should also be in close proximity.