Difficulty: Easy
Correct Answer: (iv), (i), (ii), (v), (iii)
Explanation:
Introduction / Context:
This is a process ordering question for real-estate development, moving from capital to monetization.
Given Data / Assumptions:
Concept / Approach:
Follow financial commitment → asset acquisition → design → construction → revenue.
Step-by-Step Solution:
1) (iv) Money enables the project.2) (i) Acquire/secure site.3) (ii) Prepare and approve plan.4) (v) Construct building as per plan.5) (iii) Let out the property to earn rent.
Verification / Alternative check:
Revenue cannot precede existence of the building; planning cannot occur without a site context.
Why Other Options Are Wrong:
Orders starting with rent or plan before site ignore practical dependencies.
Common Pitfalls:
Assuming rent can be earned during construction; confusing financial sequencing.
Final Answer:
(iv), (i), (ii), (v), (iii)
Discussion & Comments