Kochi: Dream Flower, A builder with 12 years track record of completing 43 projects on time in various parts of Cochin city, is looking land for joint development from owners with clear title deed in and around Cochin city.
Preferred Locations: Kadavanthra, Panampilly Nagar, Kaloor, Edappally, Kalamasserry, Vyttila, Palarivattom
Minimum Land Area: 10 cents
Minimum Access Width: 3.6 metres
For more details, contact: +91 9847009169, Email id- fazil@dreamflower.in
Why is it a good time to do a joint venture?
- In the current budget, government has given clarity on joint venture.
- For joint venture, the tax is applicable only after completion of the project and not from the time of signing the agreement.
- The index price has been made to 2001 as against old date of 1981. Hence the tax liability comes down for the land owner.
- The time frame for long-term capital gain has been reduced to 2 years from earlier 3 year period.
- All the money can be accounted. You can also fetch a rental revenue and retain your land.
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