Originally Posted by Ajay321

Hi MM
I am in intending investor for virtual space at corporate floors GV. I have some questions:
1. Who is right contact to communicate with right people at GV.You can directly contact the developer at their office in Le Meridian, New Delhi or at site itself on weekends.
2. Can we sell this GV virtual space at our free will in open market.Yes you can
3. when notional possession is given to us and the space is not rented , do we have to pay the maintenance charges? and if it is rented what will be our expense on this account? Normally you do not have to pay any maintenance before first lease. In commercial property maintenance has to be borne by lessee.May be after first lease is over and property is vacant then you have to pay maintenance till the time it is again put on lease. But please check it out again with the developer as their terms & conditions do not match the industry standards
4. what will be documentation sale deed registry etc. at the time of
possession? same documents as in residential. Additionally you will get copy of leasing agreement with lessee the expenses of which should be borne by lessee.
5. how safe my money is with GV? can i treat it liquid? do they give PDC for assured return of 12% and rentals? if yes whether on monthly basis or annually in advance? Money should be safe as property is in advance stage of construction. Liquidity may not be very high initially but once it get leased out you can expect both liquidity as well as appreciation. You will get monthly advance PDC of at least 6 months at a time.
Please answer my questions if you can as you have gone through the process. Please also tell me their process .