Joint venture maximizes our benefits and minimizes risk factors. The following are the benefits in Joint Ventures:
Conserve your heritage
Joint development enables you to retain your lineage and leave behind a more convenient and manageable piece of wealth for your next generation.
Are You A Property/Land Owner?
Promote your property with Joint Venture
Address your family’s needs
Advantages of Joint Venture Development
Ensuring appreciation in value
A decision to sell off your property is essentially a decision to cut off the possibility of earning because of land appreciation. Land is a finite resource and in the long run will always appreciate. Hence, the value of your share of shop /office/flat will also appreciate.
Tax benefits for re-investment
Any investment, of the land consideration in retained built space, is exempted from Capital Gains Tax. As against this, outright sale would attract capital gains tax.
Save on Stamp Duty
You save 9% on Stamp and Registration charge in opting to retain flats / offices / shops, since you already own the land. Whereas, if you choose to buy similar property elsewhere it would attract payment of stamp duty amounting to additional 9%.
- Appreciation for vacant land / old building
- Creates Passive Income
- SELL / RENT / LEASE
- Mortgage for needs
- Hassle free arrangement with High ROI