Who will be responsible for map sanction, land use change etc?
6 months prior to the construction start date, we will request a tender from all the builders. A reputable and good builder will be selected and given the contract to build. The Developers in my Country sell 40% and then take a construction loan from the bank. Why not you? Our way of working is different. We sell completely before construction start. When we can sell 40%, then certainly we can sell 100% within one year more. Once we have the full construction money, we do not have to depend on any loans, and our profit margins are higher. Also it is better for you this way, because then you get paid your land price also, Also with loans, then land has to be put as COLLATERAL, and we cannot and do not want to put your land as collateral. How do you work? The funds are collected from our investors, till sell out. Then the construction money is kept as reserve for the construction and the construction started. Do I have to spend any money from my pocket, or for promoting the project? No.
