Risk Management is a critical component of real estate property management because a small mistake can even threaten the survival of the property economically. We must always bear in mind that while property has the potential to give great returns, but it has a high-risk tag attached to it too. There are various risks that one can face while investing in a property and some of them are:

• Does the property in question have a clean title without conflicts/litigations?
• What is the status of adherence to development control norms and does it have various clearances from different authorities involved in construction activity in the selected area.
• Builder’s profile: It is imperative to examine the profile of the real estate developer and his experience in the local property market. Another important issue is to check the ownership of the property.
• Operational Risk: This risk pertains to various basic services and facilities that are required to make a property worth living.
• Financial Risk: The financial capabilities of the individuals involved in the transaction brings with it a whole lot of risks and the facts need to be verified at all levels. Even the real estate developers are exposed to high level of risks associated with interest rates.

Therefore, although the retail sector offers attractive returns to an investor, it is imperative that an investor considers all the above parameters before investing in a retail real estate project or finalizing any transaction.

• ERC utilizes the services of its management consultants and real estate professionals to comprehensive Risk Management Analysis of the property in question. The objective is to weigh the risks and the rewards of the proposed transection.
• Our property Managers will keep tab of the entire transaction from beginning till the end and keep the client informed of every minute details.