WANTED LANDS FOR JOINT VENTURE DEVELOPMENT
KG pioneer in real estate development with our 85 landmark dotting Chennai city requires prime properties admeasuring 3 grounds to 40 grounds in and around Chennai. Extremely competitive terms and payment to assured.

ADVANTAGES OF JOINT VENTURE DEVELOPMENT

APPLICATION IN VALUE :
If you sell property, you are cut off from future appreciation. In this scheme, when land prices increase, your flat/office/shop price too correspondingly increases since land is raw material for flats. There is an automatic link between the two as far as prices are concerned.

SAVINGS IN CAPITAL GAINS TAX :
You save Capital Gains Tax as you are re-investing money from one property (land) into another property (flats/offices/shops). If it is outright sale, your taxation will be 20%. Hence the very purpose of selling will be defeated. Thus the effective gain is only 80% proceeds in hand, after payment of Capital Gains Tax.

SAVINGS IN STAMP DUTY :
There is a saving of 10% on Stamp and Registration charge in opting to retain flats / offices / shops. Buying a similar property elsewhere will be 10% more expensive. Here there is no stamp duty as you are a Land Owner.

BUILT TO YOUR TASTE AND CONVENIENCE :
The flats/offices/shops will be built to suit your convenience and requirement. We will create for you an exceptional building with the current highest specification making you the proud owner of a branded landmark building in Chennai.

EXTREMELY LUCRATIVE RETURNS :
Your land equity coupled with as brand equity will ensure you a value of Rs.200/- per square root more than the prevailing market rate for your built-up area.