Real Estate Development & Project Financing, Taking Bengaluru as an Example in India
Author : Syed Zain Mohammed and Srikanth KS
Abstract :
Real estate development is a complex, multi-disciplinary process that integrates market dynamics, financial engineering, regulatory frameworks, and strategic decision-making. This paper examines the fundamental concepts and techniques shaping contemporary development practice, with emphasis on the institutional and entrepreneurial structures that influence risk, capital deployment, and project outcomes. Key phases of the development cycle including site evaluation, land procurement, team assembly, market analysis, project feasibility, and development financing are analyzed to highlight the challenges typically encountered in practice. Financial assessment tools such as NPV, IRR, and sensitivity analysis are discussed in relation to development viability. The study also explores asset disposal mechanisms and redevelopment strategies that enable long-term value creation. Using real-world examples drawn from the Bengaluru urban context, the paper provides an integrated case study of a hypothetical mixed-use project to demonstrate the application of theoretical frameworks to practical decision-making. The analysis concludes that successful real estate development requires alignment between market conditions, regulatory constraints, financial structuring, and strategic execution, supported by informed risk management and context-specific planning.
Keywords :
Real Estate Development, Project Financing, Urban Redevelopment, Bengaluru, Case Study.
