Audits & Advisory
Omnio is having expertise in advisory services in last 3 decades and our expertise in mainly in the following areas:
A. Investment Advisory
1. Review & validation of Approval status
The construction activity requires innumerable approvals from various departments and authorities. To safeguard the Investor’s investment in any projects, a thorough review and diligence of all the approvals is required. The validity, sufficiency and the adequacy of the approvals is analysed and summarized. The summary of the future major approvals required for the project completion and approvability of remaining approvals is assessed along with the cost of approvals.
2. Buildability Analysis – Potential FSI & FAR Utilisation
Every land parcel is entitled to different FSI / FAR depending on several parameters, not restricted to the prevailing zoning regulation, abutting road width, reservations and restrictions on the plot, height restrictions, development control regulations, other policy regulations, etc. influencing the plot area, etc. Thorough diligence of all the parameters impacting the FSI / FAR is done to conclude the Potential FSI / FAR Entitlement & Utilisation on any plot.
3. Development and Validation
The FSI Area, Construction area and the Saleable area are the basis of any real estate business plan, and hence the validation and correlation of these areas are critical to all the Investors and Lenders to access the viability of the proposed investment. Omnio has a team of in house architects and planners spread across geographies, who specialize and are updated in this scope of services.
4. Policy Restrictions
Greenfield and brownfield under construction projects, strictly depend on various development and policy restrictions. These restrictions are unique to each project site. The proposed development potential needs to be assessed as per these restrictions. Omnio does a thorough assessment of these restrictions for the clients and advises them on the buildability massing of the various projects considered by them.
5. Master Schedules & Construction Phasing
Master Schedule and construction phasing plays a vital role for the execution of the business plan. Omnio does a critical analysis of all the activities in the Master Schedule and construction phasing to achieve the project milestones.
6. Project Budget & Costing
A project budget submitted by the Developer requires a detailed analysis of each line-item cost to confirm the values submitted. It is important to ensure that the budget is charging realistic rates considering the construction schedule and that the lender or investor are of the same financial understanding. Omnio also looks at any approved or potential changes to a budget created by scope changes, design modifications, value engineering, or force majeure.
7. RERA Compliance
Master Schedule and construction phasing plays a vital role for the execution of the business plan. Omnio does a critical analysis of all the activities in the Master Schedule and construction phasing to achieve the project milestones.
8. Valuation
Omnio provides a wide range of Real Estate Valuation and Consulting services to developers, investors, advisors and lenders seeking assistance with existing assets, potential acquisitions, new development projects and properties slated for disposition. We offer a comprehensive range of services to clients helping them make decisions in every sphere of real estate combined with unparalleled experience and market knowledge in the local real estate market.
9. Risk Assessments
Risk is inherent in real estate due to long gestation period and uncertainty is inherent in anything marked with the passage of time. Omnio identifies the potential risks for the project at various stages and advises the investors with the risk mitigation strategies across major risk categories.
10. Statutory Approval
Prepare list & details of all statutory approvals required for the project:
- Review and validation of status of approvals by checking approvals obtained and estimating time for the remaining approvals
- Comments on approval status & approvability of remaining approvals
- Approval Risk Assessment
B. Capital Raising Advisory
- Understand Project & Initial Due-diligence
- Preparation of Business Plan, Structure, Risk assessment
- Capital Requirement for the Project
- Preparation of initial Information Memorandum/Financial Model
- Debt Syndication/ Arrangement of PE for Projects
- Finalizing Term Sheet
- Assisting in the Due-Diligence Process
- Facilitate the documentation process to close the deal
- Facilitate sanction and disbursement of funds
C. Sell Side Mandate Advisory
- Understand need and provide best fit solution for Asset Divestment
- Outright sale (Land / Preleased Commercial and Retails Property)
- Joint Venture
- Joint Development
- Development Manager
- Incomplete Projects (Advanced stage at least 70% completed)
- Provide indicative benchmark valuations
- Transaction Structuring
- Run and Conclude complete process
D. Buy Side Mandate Advisory
- Project Identification (sources)
- Scrutiny and feasibility to provide for benchmark price offer
- Assisting in Due-Diligence (Technical/ Legal/ Commercial)
- Risk return analysis for stage of investment in project life cycle
- Decision on option of investment in Asset
- Outright buy
- Joint Venture
- Joint Development
- Distress sale buying
- Preleased Properties
- Support and conclude the transaction
OMNIO Provides value added end to end services and Management advisory consultancy to the Construction Sector.
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