Technical Due Diligence (TDD) is like a guarantor for your investment. TDD validates your investment and assists you in getting through the deal comfortably. An investor in Real Estate views the investment from various perspectives ranging from land feasibility, design, legal issues, risk analysis, etc., to maximize the project profitability.
At Colliers, TDD is a specialty team with expertise in the above domain with a host of satisfied clients to the credit. Our expert teams get into the depths of the due diligence evaluation process and provide holistic inputs to the Investor, which facilitates a decision and way forward based on the projections of the returns, including risk analysis and evaluation.
As a policy of the organization, Colliers preserves the confidentiality of data and ensures total compliance of the NDA signed with the Investor. Our team regards every such assignment with utmost priority and maintains the focus till the end of the project with hand-holding support wherever required.
TDD teams analyze the project from every attribute, including Design, Structure, MEP services, costing, Statutory Compliances, potential risk assessments, etc. Our experts include professional architects, structural engineers, service engineers, drone surveyors, among others.
The team works out of Colliers offices which are seen as a clear advantage for seamless interaction. Our location optimizes the turn-around time for completing the evaluation process.
Our Methodology
Colliers has a well-defined SOP in place for handling such specialized assignments. As part of the assignment, the Colliers Team coordinates with different stakeholders, Statutory agencies / Authorities for necessary inputs as per the project's demands. Alignment within the team and Stake Holders is the USP of Colliers to deliver the project within the timelines.
As part of Colliers' scope and deliverables and the design analysis, review & verification of statutory documentation, the team also coordinated with other agencies like legal/consulting teams to achieve the Project intent. The cost analysis is a significant part of the process. Our QS team constantly assesses the cost part effectively and efficiently.
The evaluation findings are collated and deliberated with the Investor/stakeholders post, to which a Final TDD report is submitted for further consideration. Finally, we create a consolidated report for the client, but this is an iterative process. The conclusion is based on a detailed discussion with all the stakeholders and technical and non-technical teams.
Take away
The TDD evaluation report provides a white paper on the project addressing the future projections and the present risk, thereby providing a clear direction to the Investor on the possible way forward for optimized results and making the investment feasible.
Colliers provides an unbiased assessment of the project with a primary focus on the business needs of the Investor and hence, works towards strengthening the client's decisions with evaluated facts.
About Kaushik Das
Kaushik Das is an Architectural Designer and has worked in different parts of India. He was involved in various projects across the globe. His expertise includes design thinking, time management, problem-solving, and user-centered design.
At Colliers, Kaushik is leading the design analysis of more than a dozen TDD projects.