A place full of luxuries and amenities is the dream of every individual around the world. What comes next to it is a vision which is basically a gateway in order to achieve those luxuries. The first step in order to traverse towards your set goals is to acquire a land of your desire. That piece of land will be a whole universe for you in the future. Ideally, the second step is to modify that dreamland into your dream mansion often referred to as “Construction”. An important thing should be kept in mind before thinking about the construction; you need to study those Remunerations that construction industry got as an Incentive Package.
Many individuals are unaware of the construction dynamics and consider it a nightmare. Many of them get exhausted before going for the construction phase. Here we are declaring some of the concerns of the layman after buying a Land:
- Land has been purchased but now what is next?
- What will be the construction cost?
- What will be the time period of completion?
- What will be the breakdown of materials required in the construction?
- How to check the quality of a material used in the Construction?
- What will be the best contractor?
We are mitigating all the concerns regarding construction by deeply elaborating the modes of construction contracts in Pakistan.
Construction contracts in Pakistan:
Labor Contracts:
It is basically a mutual agreement between the owner and the labor. If you are a decision maker and looking forward to building a house under your supervision then you should go for this contract. In labor contract, owner of the land is liable to carry the entire burden from scratch to completion. The owner has to set the target on daily basis by following the time constraint gradually. Every day will seem like a challenge regarding purchasing, quality check, surveillance, time management, and coordination with the labors. The person will be liable for the performance of every module in the whole construction process. The person will be responsible to manage the entire wages of the labors on a daily basis. Here we will discuss some of the pros and cons of a labor contract:
Pros:
- Owner will be liable to transform any module of construction at any time.
- Owner will set the standards as per choice.
- Owner will evaluate the quality of material used in the construction.
- Owner will directly involve in purchasing.
Cons:
- An immense amount of time required to deal with the construction phase.
- If you are unaware of the construction dynamics then it will be a nightmare for you.
- Daily wages of the labors will be a financial disturbance for you.
Turnkey Contract:
A mutual agreement between Owner and Developer (Constructor) in order to construct a building at an agreed price and time is referred to as the Turnkey Contract. In a turnkey contract, the contractor is fully liable for all the construction process from building grey structure to finishing structure.
Grey Structure: It comprises of the foundation of house, walls, roof, cement, plaster, water tanks, and tiles.
Finishing Structure: It comprises of wood work, paint, roof piling and wallpaper, polishing, gates, windows etc.
So the people who are afraid of bearing all the consequences during the construction phase, then turnkey contract would be an ideal option for them. The developer is the risk bearer in a turnkey contract so all the control goes to the builder. The owner just has to check the performance of each and every module gradually as per the contract. Now the main thing is what sort of attributes you are looking for in your turnkey developer? What sort of amenities you required by your turnkey developer in the construction phase?
Indigo Developers 360 Model Turnkey Solutions:
Indigo Developers are a turnkey developers and builders duly authorized by Pakistan Engineering Council. They have acquired multiple state-of-the-art projects that purely reflect their enthusiasm towards real estate construction sector. They have an aim in mind, “Either it is huge or small, we build them all”.
Feasibility:
Indigo Developers attain a strong task force comprises of major expertise in construction sector dynamics such as property-related legal and economic matters. They also got the best engineering faculty as well in order to promulgate construction projects in full flow. With the combination of all these task force, Indigo Developers is being able to educate investors by producing authentic feasibility reports of project evaluation and ROI.
Procurement of Land:
Indigo Developers always analyze a specific land in different perspectives with respect to its serenity, business outcomes, and future growth and then integrate all the resources and amenities. Indigo Developers comprises of multiple enthusiasts enriched with property advisory, consultancy, and engineering coordinated really well to produce feasibility reports to counsel healthy investors within the country and the expatriates.
Design:
The design of the project is the backbone of the whole construction process. As a sophisticated turnkey 360 builder and contractor, their designs have always outclassed the vicinity of the architect because they promote business development, market throughput, and customer’s insight. Their thought process is eminent, “Target those designs that are impressive towards market standards”. Indigo Developers believes that the design of the project is prepared to ensure optimum utilization of the space.
Approval:
Indigo Developer’s Legal consultants and Building experts are capable to seek approvals in the shortest possible time. As approval is one of the critical stages, all the authorities having their own set of rules and regulations which our legal consultants and building experts are well aware of and strictly adhere to their requirements before starting the building and construction process.
Construction:
Indigo Developers avoid nuisance by promoting safety and security for all the workers in the construction phase. They always rely on a consistent approach in terms of construction with quality ensured. Their top-notch engineers always rely on top quality materials and safety protocols throughout the construction phase. Indigo Developers are optimistic towards the vision, diverse in terms of services and enthusiastic regarding construction. They are experts in Developing:
- Mixed-use high rise Buildings
- Luxury Apartment Buildings
- Healthcare Facilities
- Shopping Malls
- Community Welfare Projects
Sales and Marketing:
Indigo Developers organized a separate sales & marketing department that strives to attain the highest possible level of customer satisfaction with customer associations. Many developers outsource sales & marketing services but Indigo Developers sort it out really well by developing an in-house team.
Monitoring & Evaluation
Quality check is mandatory from the scratch to the project’s completion with proper evaluation of each module. Indigo Developers never compromise on quality, their quality experts always cross check each and every module as per the mutual contract signed between the owner and the contractor.
Facility Management
Indigo Developers always keeps an eye on advanced technologies and integrate them well into smart projects. They are always eager to deploy fully automated and state-of-the-art buildings. In real time frame, they are able to produce such mesmerizing mixed-use high rise buildings, luxury apartment buildings, shopping malls, health care centers, and community welfare projects. In these projects, they have covered all those facility management aspects including operational management, security and janitorial services, power backup system, building evacuation system, environmental zones, health, and safety.