BBR602 –Retail Project Property Management and Case Studies in Retail

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PROGRAM

Bachelor of Business Administration- BBA

SEMESTER

Semester 6

SUBJECT CODE & NAME

BBR602 –Retail Project Property Management and

Case Studies in Retail

Qus:1 What are the duties of a property Manager?

Answer: Every organisation requires a manager to administer the different activities and explore opportunities. Similarly, property business also has managers who are called property managers. A property manager is a person who works as an agent. He works for either the land owner or the appointed representative. Usually, this involves carrying out the functions of the land owner when he/

Qus:2 Define a property management plan. What are the steps for formulating it?

Answer: Planning is the foremost function of any work or project initiation. It helps I determining the future, making optimum utilisation of resources, and facilitating coordination.

Qus:3 How to evaluate the performance of a property as an investment asset?

Answer: It is essential for an owner to evaluate the performance of a property as an investment asset so that it can earn the maximum return over it. For this purpose, the tool PPM has been developed.

PPM assesses the

Qus:4 Define lease. What are the different types of lease payments?

Answer: A lease is a legal document that mentions the terms under which one party agrees to take a property on rent from another party. This process of using the property against the rent is called leasing

Qus:5 What are the determinants of retail property value?

Answer: Any upcoming development plans by the government or civic bodies can affect the value of property both negatively and positively. Building new schools, hospitals and roads can change the character of an area and lessen the appeal of the location because of increased traffic

Qus:6 Write short notes on:

a) Special Economic Zones

b) Future design of retail store

Answer: a) Special Economic Zones

Special Economic zone (SEZ) is a geographical region that is designed to export goods and provide employment. SEZs are exempt from federal laws regarding taxes, quotas, FDI-bans, labor laws

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