Capstone has a full-fledged real estate development arm dedicated to developing upscale residential, commercial, retail, hospitality and mixed-use properties for today’s sophisticated buyers. Capstone’s Development Management Services steer a project from its initial stages to final delivery, from project organization and design development to final handover to the end users, with the help of a highly-motivated and dedicated team of real estate sales & marketing executives.
Capstone’s Development Management Services also include project accounting, financial reporting and cash flow management. Our management team’s strong background in finance and banking ensures the dynamic management of cash flow and the containment of costs to optimize returns and adhere to targeted delivery dates.
Our development strategy aims to offer products that are unique and different than our competition primarily on the basis of location, stylish design, efficient floor plans, quality construction, first-class amenities and ongoing maintenance after delivery. We strive to plan very carefully and give attention to details to create settings that make living or working most enjoyable.
This phase includes project organization, the appointment of the various consultants, design development, budgeting, permitting, tendering/bidding and award to contractors, project management and construction management, cost control and financial management.
Work during this phase takes place following the substantial completion of the project and includes delivery of units as well as handover to clients or end users with occupancy permits.
Other activities including marketing and sales, project accounting, reporting and controlling and cash flow management are ongoing activities that start at the project launching date and extend over the development period until the completion phase.