The biggest challenge the developers face is to raise capital at the start of the project when the cost is incurred on approvals and other payments but capital raising at that stage becomes a hinderance. The client may raise early-stage capital from specialised institutions and in future can shift to a more reasonable loan structure with another institution as the construction progresses.

To bridge this critical gap, developers can explore early-stage capital from specialized institutions or alternative funding sources that understand the unique dynamics of pre-construction financing. These institutions are often more flexible in assessing potential rather than just current progress. As the project advances and gains approvals or begins construction, developers can then transition to more structured and cost-effective loan options from mainstream banks or financial entities.

This phased funding approach not only reduces the upfront financial burden but also allows for better capital management, improved credibility with stakeholders, and a smoother pathway to project execution and completion.