Property Valuation
What is a feasibility study in real estate development?
AA study determining if a builder can physically construct a project
BAn analysis determining if a development project is economically viable and will achieve acceptable returns✓ Correct
CA government required study for all development
DA study of market feasibility only
Explanation
A feasibility study analyzes whether a proposed real estate development is physically possible, legally permissible, financially feasible, and maximally productive. It evaluates market demand, development costs, financing, projected returns, and risk factors.
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