Title: RERA Certified Local Sponsor in Dubai - His Roles and Responsibilities
1RERA Certified Local Sponsor in Dubai His Roles
and Responsibilities
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2Introduction
- Events whether on a large or small scale require
a sponsor. The sponsor will be responsible for
supervising the entire project or event over its
whole cycle. - The sponsor will be the required leader, he or
she will decide the sequence of steps in a
project, will coordinate between all the heads
and overview the entire project.
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3- Usually a Sponsor is an individual with years of
experience in the role of leadership. He or she
must have e sponsor is also an influential
personality who can chair his or her ways through
people and make the participants listen to him or
her effectively. - The sponsor has both steering as well as stealing
role. RERA certified local sponsor in Dubai
fulfils all the duties efficiently and
effectively.
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4As such there are many roles and responsibilities
of a local sponsor for real estate in Dubai but
the major ones include-
- Sponsor is the captain of the ship- Sponsor will
decide the particular event or project to be
undertaken and will shape it. He or she will
analyze the cost of the entire project and also
make the cost benefit comparison. - This forms the basis of starting any project.
Without understanding the benefits that can be
realized from the project one should not invest
their funds. A project should be started where
it is needed the most.
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5- The sponsor will be responsible for smoothly
managing the project in its entire cycle. He or
she will resolve conflicts if any between the
members and take care of any last minute mishaps.
He or she has to be capable enough to offer any
and every kind of advice as and when required. - He or she should have contacts with the right
people from all kinds of professions and
backgrounds. This will help in getting all the
approvals easily and solving a problem if one
arises. For example having contacts with
government officials can help in saving time by
way of easily getting the approvals.
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6- After the base of the project as decided and the
baselines decided and made clear any change after
it has to be made by the sponsor. No changes can
be made without the approval of the sponsor. Any
increment, decrement, rectification, alteration
will take place by the sponsor. - In this he can be assisted by a team selected by
him for this purpose. This is beneficial for the
project in the way that not everyone can alter
the project as per his wishes. It will also help
in sticking to the timeline.
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7- Sponsor will play an important role in
identifying risks and explain to his team the
ways of managing it. The important areas are
identified by him before hand and ways are sought
to surpass them. - The local sponsor for real estate business setup
in Dubai will let the head of the project
understand the risky portions and assist him in
tackling them. - For example if the sponsor knows that an industry
cannot be established in a forest area he will
not go ahead with the project and save precious
time and resources.
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8If you want to start real estate business in
Dubai and looking for a trustworthy local sponsor
then we at Business Link UAE consultancy assist
you through the whole procedure to get right RERA
Certified Local Sponsor in Dubai.
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971 43 215 228
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9About us
Business Link UAE Contact No 971 55 6070
118, Telephone No 971 43 215 228 Email Id
Info_at_businesslinkuae.com Address Oasis Center,
3rd Floor, 104, Sheikh Zayed Road, Dubai,
UAE www.businesslinkuae.com
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971 43 215 228
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10THANKS!
Any Questions?
You can contact us at 971 43 215 228
Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com