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An agency of the Department of Arts and Culture THE SOUTH AFRICAN HERITAGE RESOURCES AGENCY TENDER NO: SAHARA/PROP/05/2014 PROPERTY DEVELOPMENT FEASIBILITY STUDY TERMS OF REFERENCE 1. PURPOSE The
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How to fill out tor - property development

How to fill out TOR - property development:
01
Start by gathering all necessary documents and information related to the property development project, such as land surveys, zoning regulations, architectural plans, and financial projections.
02
Identify the goals and objectives of the property development project, such as residential or commercial use, and outline them clearly in the TOR (Terms of Reference) document.
03
Include a detailed description of the property, including its location, size, and any existing structures or amenities that may affect the development plans.
04
Outline the proposed development plans, including the type and number of buildings, infrastructure requirements, landscaping, and any other relevant details.
05
Include a timeline for the property development project, specifying key milestones and deadlines for different stages of the project.
06
Clearly define the roles and responsibilities of all parties involved in the property development project, such as landowners, developers, architects, contractors, and government agencies.
07
Provide an estimated budget for the property development project, including the cost of land acquisition, construction, permits, and any other expenses associated with the project.
08
Identify any potential risks or challenges that may arise during the property development process and propose strategies to mitigate or overcome them.
09
Ensure that the TOR document is comprehensive, coherent, and easy to understand for all stakeholders involved in the property development project.
10
Review and finalize the TOR document, seeking input and approval from all relevant parties before implementation.
Who needs TOR - property development?
01
Property developers: TOR serves as a vital tool for property developers to outline their development plans, set objectives, and communicate their vision to various stakeholders, including investors, contractors, and local authorities.
02
Investors: Investors who are considering financing a property development project need the TOR document to evaluate the feasibility and potential profitability of the project.
03
Government agencies: Local government agencies responsible for approving and regulating property developments rely on the TOR document to assess the compliance of proposed projects with zoning regulations, environmental standards, and other legal requirements.
04
Landowners: Landowners who wish to develop their property or lease it for development purposes require a TOR document to establish clear terms, responsibilities, and expectations for all parties involved.
05
Contractors and architects: Contractors and architects involved in the property development process need the TOR document to understand the project requirements, deliverables, and timelines, in order to provide accurate cost estimates and execute the development plans effectively.
Note: The specific individuals or organizations that may need TOR for property development can vary depending on the location, nature of the project, and local regulations. It is important to consider the specific context and stakeholders involved in each case.
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What is tor - property development?
TOR (Terms of Reference) for property development is a document that outlines the scope and requirements of a proposed development project.
Who is required to file tor - property development?
Property developers and project managers are required to file TOR for property development.
How to fill out tor - property development?
TOR for property development can be filled out by providing detailed information about the proposed development project, including objectives, scope, timeline, resources, and impact assessment.
What is the purpose of tor - property development?
The purpose of TOR for property development is to provide a clear framework for the planning, implementation, and evaluation of a development project.
What information must be reported on tor - property development?
Information such as project objectives, scope of work, budget, timelines, stakeholders, and potential environmental impact must be reported on TOR for property development.
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