Difficulty: Easy
Correct Answer: 4, 1, 2, 6, 5, 3
Explanation:
Introduction / Context:
Property development follows a practical pipeline from financing to construction and eventual revenue. This question checks understanding of that order by arranging mixed terms into a coherent process.
Given Data / Assumptions:
Concept / Approach:
Funds are secured first to acquire land and services. With land available, plans are prepared, then construction proceeds. A completed building can then be leased to generate rent. Each step logically enables the next.
Step-by-Step Solution:
Verification / Alternative check:
Industry checklists and project lifecycles mirror this sequence: finance → land → design → build → commission → lease.
Why Other Options Are Wrong:
Common Pitfalls:
Assuming rent can be realized before completion; overlooking that capital usually precedes land acquisition and planning.
Final Answer:
4, 1, 2, 6, 5, 3
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