Technical examination of a land plot

Technical examination of a land plot (Technical due diligence) is conducted for the Client to have unbiased information about the investment object.

The seller of a land plot often tries to give it a more favorable look, or conceal 'hidden rocks' which the new owner can face during the implementation of the project.

The main technical risk factors related to land plots are:

    • Significant cost of foundations and land development;

    • Placement of the object within 'red lines', road shoulders etc.,

    • Providing access and exit to desirable roads;

    • Absence of utility lines in vicinity of the site or impossibility to connect to existing utility lines;

    • Land plots with 'history'

 

If several land plots are reviewed in the same region, the optimum alternative would be express- assessment (due diligence) of all the land plots at the same time with establishing of key risk factors for each of them. After that, the land plots are ranked by the level of interest to the Client for a more detailed examination.

CESC proposes technical assessment of the project's feasibility (technical due diligence) at the stage of land plot selection, with establishing a list of necessary measures and their cost. This service is available in all regions of Russia.

 

Here is an approximate list of actions performed during technical assessment of a land plot:

    • Determining the zoning, type of permitted use of the land plot;

    • Identification of city-building restrictions (red lines, easement areas and road shoulders, sanitary-and-protection zones, shore areas, water protection zones, etc.)

    • Factors that affect the cost of construction: hazardous geological processes; springs, small rivers located at the land plot, utility lines to be relocated, etc.;

    • Preparation of a site-plan solution;

    • Elaboration of transport scheme with defining the possibility of connecting the exit from the land plot to existing roads, as well as necessity in construction of acceleration or deceleration lanes.

    • Determining a possibility to connect to utility lines;

    • Execution of preliminary surveys.