Prestige Group Business Development Manager Interview Questions and Answers

Cap rate is a real estate metric used to determine the potential return on investment.

• Cap rate stands for capitalization rate.

• It is calculated by dividing the net operating income (NOI) by the property's value.

• The result is expressed as a percentage and represents the rate of return an investor can expect from the property.

• A higher cap rate indicates a higher potential return on investment, but may also indicate higher...read more

Check point of plastering is a crucial step in ensuring a smooth and even finish on walls or ceilings.

• Check for any uneven areas or bumps in the plaster surface

• Ensure that the plaster is fully dried before proceeding to the next step

• Use a straight edge or level to check for any dips or high spots in the plaster

• Inspect the corners and edges for any rough or unfinished areas

• Make sure to sand down any rough patches before...read more

Check points of water proofing involves inspecting areas prone to water leakage and ensuring proper sealing and protection.

• Inspecting roof for cracks or missing shingles

• Checking windows and doors for gaps or faulty seals

• Examining foundation for signs of water seepage

• Testing waterproofing membranes in basements or bathrooms

To handle MEP project execution involves coordinating with various teams, ensuring timely completion, and adhering to quality standards.

• Coordinate with design team, contractors, and suppliers to ensure smooth execution

• Monitor progress regularly and address any issues or delays promptly

• Ensure compliance with safety regulations and quality standards

• Manage budget and resources effectively to meet project goals

• Communicate ...read more

I have 5 years of experience in retail management, overseeing daily operations and leading a team of 15 employees.

• Managed inventory and ensured stock levels were maintained

• Implemented new sales strategies to increase revenue

• Trained and supervised staff to improve customer service

• Handled customer complaints and resolved issues effectively