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Real Estate Project Feasibility

Pick a typical Indian development — sale or lease — read the verdict against Indian benchmarks (IRR, PAT margin, payback), then fine-tune land, stamp duty, pre-sales collections and the full pro-forma.

Live model

Total costEverything it takes to build — land, stamp duty, construction, soft costs and construction-period interest.

₹170 Cr

Project IRRAnnual return of the project before any loans — compare with your hurdle rate.

13.7%

Equity IRRAnnual return on your own money after loan payments.

23.6%

Pick a preset or set the headline decisions, read the verdict — then fine-tune any assumption below. Export or share a live link to this exact model.

Bottom line: Viable at these assumptionsHow this is calculated →

A 2-acre for-sale development at ₹170 Cr all-in pays back in 3.0 yr at 23.6% equity IRR (17.5% PAT margin). Full breakdown below.

Your project

Start from a typical Indian project, then set the handful of decisions that drive the whole model: what you're building, the land, what it costs to build, what you'll charge, how much is pre-sold and how it's funded. Everything else has Indian-market defaults you can fine-tune below.

Business modelSelling units books sales over the absorption window with construction-linked collections. Building to lease earns rent and is valued at exit by capitalizing the stabilized NOI.

Built-up (FSI) area

2,17,800 sqft

land × FSI 2.5 — change FSI under Land & area

Saleable (super built-up) area

2,39,580 sqft

built-up × 1.1× loading

What it costs & what it returns

Live results — every number updates instantly as you change anything, here or in the fine-tune sections below.

Developing 2,39,580 sq ft of saleable area on 2 acres costs ₹170 Cr all-in — land is 38% of project cost (within the typical 3050% for metro land). With 65% pre-sold by completion, ₹120 Cr of customer collections arrives during construction itself. In all the project books ₹250 Cr of sales and keeps ₹43.9 Cr after tax (17.5% PAT margin — within the typical 1520% developers earn). It pays back in 3.0 yr and returns 13.7% on the project / 23.6% on equity (PE investors underwrite 1825%) — creating ₹5 Cr of value at your 12% hurdle rate.

Bottom line: Viable at these assumptions

Total investmentLand + stamp duty + construction + soft costs + contingency + interest paid during construction.

₹170 Cr

₹7,782 / sqft built-up

Total sale valueAll units at your rates including other charges (PLC, parking, club), across the sell-out. Prices are ex-GST — the buyer pays GST on top.

₹250 Cr

₹10,443 / sqft saleable

Developer profit (PAT)What you keep after construction, land, selling costs, loan interest and tax.

₹43.9 Cr

17.5% of revenue

Within typical 15–20%

PaybackYears from the start of construction until cumulative project cash turns positive — pre-sales collections shorten it.

3.0 yr

Project IRRAnnual return of the project itself, before any loans — compare with your hurdle rate.

13.7%

Equity IRRAnnual return on your own money after loan payments. Pre-sales and leverage both amplify it.

23.6%

Within typical 18–25%

NPVToday's value of all future cash minus the investment, at your hurdle rate. Positive = the project creates value.

₹5 Cr

Peak equity neededThe deepest your own capital goes before collections start paying it back — the cheque you must be able to write.

₹78.7 Cr

Min DSCRWorst-year cash cover on loan payments while principal is due. Lenders want at least 1.2–1.3×.

1.32×

Equity multipleTotal cash you get back per rupee of equity you put in.

1.56×

Land share of costLand + stamp duty as a share of total project cost. Metro projects run 30–50%; tier-2 15–25%. Too high and the land is overpriced for the achievable rate.

38%

Within typical 30–50%

Break-even priceThe sale price at which the project only just earns your hurdle rate — your cushion below today's price.

₹9,173/sqft

Cumulative cash flow — payback

Fine-tune

Every assumption below is editable — the verdict updates live.

Land & area

2 ac · FSI 2.5 · 2,39,580 sqft saleable (1.1× loading)

Build cost (CapEx)

₹170 Cr all-in · ₹7,782/sqft built-up · stamp duty ₹3.9 Cr

Revenue & pricing

₹250 Cr total sales · +8% other charges · 65% pre-sold

Financing & returns

30% debt @ 12% · PAT ₹43.9 Cr · NPV ₹5 Cr

Operations & feasibility

sell-out by Y3 · ₹10,443/sqft revenue

Charts

Cost mix · payback curve · revenue profile · earnings trend · debt coverage

Stress test

±20% on sale price / sqft, development cost, absorption speed … · tornado · two-way grid · goal-seek

Scenarios

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Real estate model summary

Land2 acres · FSI 2.5 · 2,39,580 sqft saleable (1.1× loading)
ModeSell units · 65% pre-sold by completion
Total cost (incl. IDC)₹170 Cr
Total sales₹250 Cr
Developer profit (PAT)₹43.9 Cr · 17.5% of revenue
Payback3.0 yr
Project / Equity IRR13.7% · 23.6%
Min DSCR · Equity multiple1.32× · 1.56×