Technical Due Diligence

Introduction

These services popularly known as “Physical Due Diligence Service” are provided for large operational properties/assets for all aspects of building, engineering, and services for the proposed investment projects on behalf of Buyer/Funding Institutions.

Scope of Services of Technical Due Diligence

Getting statutory approvals for our clients is one of our primary services.

We assist our clients in obtaining NOC’s(No objection certificates) from various departments.

Some important clearances are:

  • Wetland NOC from district collector
  • Dryland from Agricultural department
  • Chennai Metro water supply and Sewage board
  • Chennai Metrorail Department
  • Traffic department
  • Highways department
  • Water resource department
  • Public works department
  • Tamil Nadu fire and rescue services
  • Indian Airforce
  • Airports authority of India

Environmental clearance
  • Environmental clearance from SEIAA
  • CTE/CTO from TNPCB
  • Environmental compliance from MOEF
  • Visual inspection of the building, condition of the architectural and planning related aspects of the building
  • Comparison of structures against approved building plans and any deviations from the approved plan(OC Or BCC plans)
  • Provides utilization of FSI, potential, balance FSI, Checking TDR entitlement & loading of the same, Zoning regulation, compliance etc. any other findings.
  • Evaluate the Building for the handicapped provisions.
  • Fire Escape and Fire Compartmentation review and code compliance.
  • Provide a detailed and complete description of the Civil Engineering system

  • Inspection of the building, condition of C&S system in the building, compliance of building code and that all seismic requirements when the building was constructed.

  • Identify all building defects, areas of non-compliance with code / regulation and good practices and estimate the cost for repair and implementation of these items and summarise in a separate section.

  • Recommends for tests to be carried, if required.

  • Water Proofing: Inspect all roofs for condition of waterproofing. Advise on quality and of any repairs are required.

  • Verify from the site historical registers or ascertain the previous use of the land and surrounding area
  • Provide Opinion if land is likely to be contaminated with substances that may have impact of the health of occupants of the Building.
  • If there was contamination, investigate if the contaminants had been cleaned up and standard to which the cleaning had been carried out.
  • Inspect the building for any hazardous materials stored and advice on cost assessment for removing it.
  • Identify and comment on noise, flooding and any other disturbances affecting the Building.
  • Investigate to ascertain if asbestos is present
  • To Check the trades of the tenants and advise if it complies with allowable usage of the building.
  • Highlight health risks if any pertaining to the trade activities and the precautions necessary to mitigate the risks and advise if any hazardous materials register is required to be maintained.
  • We conduct feasibility studies to provide sector-and-state-specific information to our clients like:
  • Assistance in available markets
  • Subsidies that a company can avail in a particular sector and location;
  • Areas where India’s tax free or special economic zones (SEZs) are located;
  • Advantages that Software Technology Parks in India (STPI) can offer;
  • Best locations/regions suited for businesses like manufacturing, services or real estate
  • Assist in technology know-how