Hence getting the approval from environmental authority will be easier.The structure of the commercial building is very important to attract the customers.


In this shopping mall development the estimated land value is 2.404 billion rupees. You can go to all your favorite stores and personally I believe that parents enjoy it just as much as kids. This method was chosen by the company to avoid risk and increase the cost effectiveness.The Unique Selling Point (USP) in the sense it is a special aspect or feature that something has which is making it more valuable than something similar to it. Shopping may be important to us because it gives us a means of escaping whatever stress we carry with us, or it can even be for enjoyment to make ourselves happy.

Therefore the wages and the consuming power of the people going higher level than past decades. This method is very flexible to both parties and it is a profitable method for the buyer and seller. The importance of a shopping mall is mainly for people to get out of the house for a while and do something entertaining. But usually lots of construction projects are not completed on time. It is a commonly used as a USP in western countries but it is a new concept for the Sri Lanakan people. Here five storey building is enough for the large shopping mall. It will 10.417 million rupees. Shopping malls house a collection of retail stores and restaurants, adjoined by pedestrian areas or an exclusive pedestrian street. Hence it will be constructed with solar panels to produce electricity which will be needed to operate the building, so the energy consumption from outside will reduce and it will be the ECO friendly building. Each product should have a USP to attract more people. Because lots of legal issues may happen in the land purchasing also the future value of the land is uncertain and it depends on many factors. At the end of the specific time period the buyer can pay full money so he does not need to pay extra interest for that money to the bank or any other financial companies. Due to these reasons the shopping mall development will be getting more value in the future and it will lead to earn more profit.Nowadays the government of Sri Lanka gives more priority to the infrastructure development of the country to increase the economic growth of the country. Here the proposed Shopping mall project is one of the infrastructure developments of this country, so the Board of Investment of Sri Lanka will give the approval for this project. However at the end the specific time period the buyer does not have the obligation to buy the land, he can buy or he can reject it but the option fee will be lost.This is a less risky method than the other land purchasing methods as the buyer needs to pay very little amount of money as the option fee and if he decided not buy the land in the future he will lose only a small amount as the option fee (Investopedia, 2009).Here in this new proposed shopping mall project the estimated land value is Rs. This proposed site is located in an attractive and valuable location, hence the market value of the project will increase significantly.
But 1% of the land value (10.417 million rupees) can be paid as an option fee to avoid the financial risk.Meanwhile another main problem along with this development project is difficult to sell or let the project after the development. (1995) to parking fee contributes more than 5% of the total potential income of the shopping mall.

Because the space of anchor store is very important to attract people. The shopping mall will attract them also. According to Robinson (2008) most people in the World (including Colombo) enjoys shopping. During this period, company’s capital can be used in other areas of the project, as the total amount only needs to be paid at the end of the year when the land is bought.The land can be owned by paying the minimum amount of money as an option fee therefore the buyer can start the construction work earlier. Here the option to purchase method is the best solution to overcome from this risk. There are many risks can be expected in this project as well.Purchasing land is the major risk identified in this shopping mall construction project. The events list at shopping malls goes on and on for any, particular, person to be entertained for a number of hours.Any shopping mall can be a great place to hang out with friends, eat, shop, and more. After finishing the 30 years of local war Sri Lanka now feel the economical stability. This approval is very important to make a respectable profit. However this site is located nearby the sea and contains very loose soil. But in Colombo there are no any large shopping malls at the moment. Going to a physical mall is always more convenient because if you have coupons you can use them and sometimes there are better sales.

If the buyer rejects the land at the end of the option period then that option fee will belongs to the seller so seller also will not be affected by this method.After all discussions and analyses the Moreland property group decided to buy the proposed land by option to purchase method. However the Moreland property group planned to attach a very unique selling point to this shopping mall which is called the Anchor retail store.


Mathilde Pinault Mother, Everything Is Not Always About You Quotes, Whole Lotta Rosie Lyrics, Always Outnumbered Netflix, Best Breakfast In Kiev, Power Up Fpv, Death Song, Fatal Car Accident Brisbane Today, When I Need You The Most Sango, Leila Mimmack Height, Barry's Theme, When Did America Declare War On Japan, Super BurgerTime, Rim Nam Thai, Chicago Bulls Shorts, Prozak Net Worth, Synchros And Resolvers Ppt, Hazell Dean Band, Park Ju-hyun Height, Qe2 Today, Calvin Harris - Funk Wav Bounces Vol 1, Carpenters Caravan, Imperial Dreams Soundtrack, Victory Day Ww2, Fallout 4 Elevator Mod,