indrefs.com

Sign in with Facebook
Sign in with Facebook
Welcome, Guest
Username: Password: Remember me
Get property reviews, discussions, legal advice, expert opinions only on Chennai real estate forum. Post questions on property, apartments, plots and we will help you get your question answered. Get answers from other buyers, potential investors and experts before you buy a property in Chennai.

TOPIC: JV for demolish and reconstruction of apartment

JV for demolish and reconstruction of apartment 1 year 2 months ago #8483

Currently it is 14 flats apartment and 2 are kept for car parking. We want to enter in JV to go for 16 flats, with 2 flats for builder to sell.
The construction cost at Rs.2000/- per sq ft can be had by the sale of 2 flats which the builder gets.
What will a builder expect as a profit in a JV, can it be quantifiable, as that has to be paid by the current owners.

Thanks
  • Rori
  • Rori's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 1
  • Karma: 0
The administrator has disabled public write access.

replyhave something to say register login button



JV for demolish and reconstruction of apartment 1 year 2 months ago #8484

Normally, it's a return in terms of percentage and varies from builder to builder.
  • Krishna
  • Krishna's Avatar
  • OFFLINE
  • Moderator
  • There is nothing stronger than the power of inform
  • Posts: 3328
  • Thank you received: 141
  • Karma: 18
Krish
Moderator
www.indrefs.com

Ensure that you get professional help! My inputs are just guidelines!

For questions on how to post in the forum , click here
The administrator has disabled public write access.

replyhave something to say register login button

Time to create page: 0.465 seconds

Latest News

Residential demand unlikely to improve in 12-18 mo...
22 Oct 2017 09:27 - Krishna

Even though the number of affordavle housing projects are joing up in the recent times, the demand f [ ... ]

Affordable Housing may be next big thing
30 Jul 2017 07:52 - Krishna

Thanks to the govenrment's effort to lead to affordable housing, housing loans and sales in this cat [ ... ]

RERA deadline up on July 31st
30 Jul 2017 07:38 - Krishna

Builders are worried about the deadline to sign up for Real Estate Regulatory Authority (RERA). Any  [ ... ]

Documents uploaded on real estate sites cannot be ...
30 Jul 2017 07:04 - Krishna

Developers will now have to be careful when uploading documents with the Real Estate Regulatory Auth [ ... ]

Demonetization has not affected prices of properti...
23 Jul 2017 10:47 - Krishna

Recent studies show that in the first quarter of 2017, prices of under construction properties in De [ ... ]