Gurki Rai
Personal Real Estate Corporation
Vice President
Professional Experience
Associated Office
Do you have a development site?
With 14+ years of diverse experience in commercial real estate and construction, Gurki Rai is a seasoned professional. He has a proven track record of success, having achieved numerous notable acquisitions throughout his career.
Gurki possesses a broad spectrum of expertise, primarily centered on urban development land and investment properties, encompassing residential and commercial land assemblies. He has been involved in the acquisition of over 102 acres of residential and commercial lands for development, which includes income producing properties such as a shopping mall and a hotel – both of which continue to operate today. Gurki showcases a high level of expertise in the due diligence process when acquiring a development property or when disposing of it. When approaching sites, he comes with a realtor’s expertise and a developer's lens. To date, he has amassed just under $500 million in total acquisitions across British Columbia.
His connection to numerous municipalities lends him unique insight into the development approval process and negotiation capabilities. With expertise in large-scale development, land assemblies, multi-family assets, entitled development sites, Gurki navigates the world of real estate with the highest level of proficiency, ensuring that his clients receive an outstanding level of service with the most optimal results.
Spanning the Lower Mainland, Gurki’s insight into designated land usage, municipal approval processes, and a network of construction development contacts, he helps landowners optimize the best solutions for them.
Transit-Oriented Areas (TOAs) in British Columbia
The Province of British Columbia has made changes to the Local Government Act and Vancouver Charter to establish Transit-Oriented Areas (TOAs) around current and future transit stations.
Transit Oriented Areas (TOAs) are established near specific SkyTrain and bus transit stations to facilitate the objectives of altering transportation modes and forming comprehensive communities.
These areas encompass a 200, 400 and 800 metre radii around transit stations. Development height and density potential for your property is determined by the distance to the nearest transit station in these 3 tiers.
Gurki Rai specializes in Transit-Oriented Areas in the Fraser Valley, from Richmond to Chilliwack.
FAQs
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