Arrange the steps for creating a rentable property from finance to revenue. (i) Site (ii) Plan (iii) Rent (income) (iv) Money (capital) (v) Building

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:

  • Money (iv) provides capital.
  • Site (i) must be procured.
  • Plan (ii) is prepared/approved.
  • Building (v) is constructed.
  • Rent (iii) flows after completion.

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)

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