Seminar on property dev’t

Many new developers are not aware or simply ignore the fact that property development involves a series of important phases that should be methodically studied and evaluated to insure the success of the development project. In addition is the importance of knowing the HLURB rules because approval of the subdivision and development plans by the governing agencies is one major requirement that must be met by a land developer. It becomes a very expensive learning experience on the part of the developer if later on it would be found out that the plans prepared do not conform to the standards prescribed by the government rules and regulations.

In this regards, URBAN Institute of Real Estate is inviting upcoming and current developers, professionals and property owners to a seminar on Property Development and Housing and Land Use Regulatory Board (HLURB) rules and regulations that it will conduct on July 5, 1:30 to 6 p.m. at the Maximo Function Room, Max’s Restaurant, Level 2, Gateway Mall, Araneta center, Cubao, Quezon City.

This lecture will include: property development as a business; why not everybody are property developers; phases of property development; evaluating land potential; when you should not invest in vacant land; feasibility criteria; evaluating economic feasibility; needed government permits and licenses; notes on land development and housing construction; development costs; marketing and subdivision management; notes on industrial, commercial and condominium developments and others.

In addition is a two-hour lecture on Housing and Land Use Regulatory Board (HLURB) rules that includes latest updates on the minimum standards and important provisions of PD 957, BP 220, RA 6552 (Maceda Law), implementing rules of RA 7279 (Lina Law) and related issues on subdivision development such as transactions exempt from license to sell, non-completion of development, turnover or donation of roads and parks & playground, organization of homeowners associations, registration of real estate dealers and others.

For other details or advance registration, Urban Institute may be reached at 681-0928 or CP# 0916-426-9174 or by email at urbanet@pacific.net.ph.