Residential development: the handover date is the sales programme
In development, slippage costs twice — in financing cost and in the sales programme. We manage projects so that the handover forecast is reliable and the build cost stays controllable.
A residential project is sensitive to two parameters: the handover date and the cost per square metre. Both are set before construction — in design decisions, in contracts and in the procurement schedule. Debt financing adds a further loop, with drawdowns released against verified quantities.
Our sector experience. Delivered and current projects: Esil City (Petropavlovsk), Austrian and Tokyo complexes (Kostanay), Al-Bulak with retail and London Square (Bishkek), Stellar Residence (Tashkent).
Risks
The governing risks in this sector
Each of these risks is closed by a specific management function.
Slippage raises financing cost and breaks the apartment handover programme at the same time.
Undeveloped façade details, sub-structures and ventilation gaps produce cost growth at installation, not in the estimate.
The financing party requires independent verification of executed work before each release.
Façade and fit-out feed directly into sales price and into post-handover claims volume.
A slipped critical stage moves the whole programme into the next season.
Tell us about the asset and the current stage — we will propose a working format and team composition. A commercial proposal follows within five business days of the meeting.
We reply within 1 business day. A commercial proposal follows within 5 business days of the scoping meeting.
