Joint venture
Nahar Foundations invites proposals for Joint Ventures from property owners in and around Chennai. If your plot/property measures anywhere between 3 to 5 grounds, you could benefit greatly by entering into a Joint Venture with us for developing your land. Here's how:
- Value Appreciation: By jointly developing your property with Nahar, you would benefit from increasing real-estate prices. This plus would not exist if you sold your land outright
- Capital Gains Tax Exemption: By re-investing in flats/offices/shops, you would ensure that you are exempt from paying Capital Gains Tax, subject to the relevant rules and clauses
- Savings on Stamp-duty and Registration : The buyer of a property pays Stamp-duty and Registration Charges (10%). But if you opt to retain flats/offices/shops built on your own property, you would not be required to pay these, as you are the land owner. Thus you save 10% over buying the same flats/offices/shops elsewhere.
- Lucrative ROI: Once you enter into a Joint Venture with us, and we build on your property, the value of your property will escalate greatly, and your net worth will rise correspondingly. You will also be the proud owner of a branded landmark in the city!
- Built-to-suit Facility: We will develop your property exactly as you wish to see it developed. Every specification will be approved by you, and you will see your dreams for your land given concrete shape.
- Maintenance & Upkeep of Individual Bungalows – A big task: Comparatively, luxury flats/apartments are easy to maintain and upkeep as servants are available at hand as other apartment owners would be willing to share domestic help. Association of the apartments would handle overall maintenance of the buildings and also the day to day issues like electrical, plumbing, civil work and security.
- Secured living: Security in numbers, owning an apartment would be like living in a non theft zone. Security agencies are appointed by association of the building, cost of which is divided amongst all. Also, enjoy a vacation with your family with complete peace of mind.
- Community living - A bigger family: “Social living is cool living” – G4 statement. In apartment style living, you make friends, live with family and relatives. A safe and joyful living.
With Nahars you would gain:
- Exceptional quality, Aesthetic design at Affordable prices.
- With standing structure, functional designs and classic elegance.
- Timeliness in delivering quality homes.
- Compliance with CMDA/ Local body guidelines and approvals.
- Good return on investment with excellent sales and better rental value.
- Clear and appropriate documentation.
- Better assistance in sales to JV partners with our mammoth clients database.
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