SothisConcrete - Real State

SothisConcrete for the management of Real Estate projects: urban planning and real estate development projects

The SothisConcrete Development and Urban Planning module includes solutions for land management: planning and monitoring of urbanisation costs, planning of income from the sale of plots and urban planning fees and the temporal distribution of costs and income based on project GANTT.

Additionally, it includes the management of land transformation, as urbanising agents. From the original land database, urban planning project, land readjustment, relations with owners in all their variants (expropriations, exchanges, transfers, land purchases and sales...), and handling of urban fees. It also includes the land database resulting from urban redevelopment, acts of purchase and sale.

SothisConcrete for real estate project management encompasses the entire development lifecycle, from feasibility study and execution to the sale or rental of building units.

SothisConcrete for Urban Development projects covers the entire management of Source plots, plot transformation, urban plots, management of urban quotas (swaps, expropriations, etc.), and the refurbishment of Integrated Action Plans (AIP) for cities.

URBAN DATA

  • Municipalities: Location, corporation and municipal technician data.

  • Urban sectors: Technical parameters of the land concentration area belonging to the sector.

  • Urban plots: Database of original land, with surface parameters, m2 of land, owners, registry inscriptions.

  • Aggregation of plots, assignment of several origin plots composing a unit of origin land.

  • Urban Development Project. Project registration based on predefined templates.
  • Cost planning. Costs derived from the management of the original terrain.

PURCHASES

  • Registration of technical and economic data pertaining to the purchase: plot, buyers, commission agents, area.

  • Payment schedule and concept thereof.

  • Simulation of profitability following transformation of the acquired land.

  • Owners and associated documentation.

SUBDIVISION PROCESS

  • Quota turnover monitor with general % turnover for period and description thereof.

  • Owner monitor of original plots to which the urbanisation quota turnover is applied.

  • Individual management of swaps, compensations, and monetary compensations for the transfer or expropriation of land due to not reaching the surface of minimum resulting plots according to current regulations.

  • Automatic generation of invoices after updating the corresponding turnover with the individual percentages of each owner.

  • Owner payment history.

  • Automatic accounting integration of billing and owner payments.

  • Linking of original and resulting plots derived from urbanisation linked to each owner (land database).

  • Automated printing of receipts, both for indemnities and monetary compensation.

ACTIVATION BY PURCHASE

  • Allocation of costs for land purchase expenses (financial, land acquisition, notarial, professional services) to the project.
    Automatic activation of these costs with accounting integration, generating the corresponding assets.

PERIOD CLOSING PROCESS

  • Settlement of common urbanization expenses among plots and determination of their individual costs.

  • Determinación de precios de venta en función del coste de urbanización, más el margen de beneficio deseado.

  • Authorisation to allocate the cost of personnel hours to the project.

  • Revaluation of personnel rates based on actual payroll load.

  • Corresponding revaluation of the cost of personnel charged to the project based on the actual rate.

  • WIP: Statement of work in progress and move to results.

 

Real Estate project management encompasses the following:

Real estate development projects management

  • Creation of study projects based on pre-configured templates.

  • Calculation of planned income based on the marketing plan for future property sales in the development.

  • Calculation of project costs based on different phases and preconfigured calculation ratios/formulas.

  • Ability to view the planned profitability of the study during the initial planning.

  • Economic simulation of the study based on variations in the design of the development.

  • Approval process by study committee prior to its award.

  • Printing of pre-configured reports and dossiers for reporting and decision-making.

  • Creation of the awarded project based on the approved study, including all the information from the study.

  • Integration of income planning based on the registry units to be marketed.

PROPERTY ACTIVATION (RENTAL)

  • Registration of technical and economic data pertaining to the purchase: plot, buyers, commission agents, area.

  • Payment schedule and concept thereof.

  • Simulation of profitability following transformation of the acquired land.

  • Owners and associated documentation.

FINANCE MANAGEMENT

  • Quota turnover monitor with general % turnover for period and description thereof.

  • Owner monitor of original plots to which the urbanisation quota turnover is applied.

  • Individual management of swaps, compensations, and monetary compensations for the transfer or expropriation of land due to not reaching the surface of minimum resulting plots according to current regulations.

  • Automatic generation of invoices after updating the corresponding turnover with the individual percentages of each owner.

  • Owner payment history.

  • Automatic accounting integration of billing and owner payments.

  • Linking of original and resulting plots derived from urbanisation linked to each owner (land database).

 

  • Automated printing of receipts, both for indemnities and monetary compensation.

NATIVE INTEGRATION WITH SAP TOOLS

  • Real estate portal for commercial management of the project.

  • Registration of properties associated with the project.

  • Management of contacts and potential customers.

  • Scheduling of salespeople's agendas.

  • Record of customer visits.

  • Simulation of budgets for the purchase of properties and associated payments, as well as online financing needs.

  • Classification of properties by type and purpose (rental, sale).

  • Generación de campañas comerciales destinadas a la venta de viviendas.

  • 3D location map of the composition of the building, with associated properties.

  • Management of reservations, contracts, deeds, and properties available for marketing.

  • Contract templates, for online generation of documentation to be delivered to the client.

  • Record of modifications to the composition of properties by owners (Renovations), along with their associated payment modifications.

 

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