Black, Grey or White? - Indian Real Estate Forum

nriabout2brippedoff · 01-08-07

I am completely new to Indian real estate. I have land in India that I may want to sell. It is agricultural. I want to find out from those very knowledgeable - if land is valued at Rs. 100Crore, and I decide to sell it at that price, how should I handle the financial transaction? i.e. how much should I show as "white" vs. black/grey. What does white, black and grey mean to you?

TIA

Pinnacle · 03-08-07

Realty deals are getting transperent by the day in India
Large realty companies for obvious reasons buy land in full cheque payment
All white deals are not an utopian deal anymore.
So you are sure to get a all white deal if you get a right buyer
All the best for your Deal
Ram

01-08-07	#1
nriabout2brippedoff New Member Join Date: Aug 2007 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Black, Grey or White? I am completely new to Indian real estate. I have land in India that I may want to sell. It is agricultural. I want to find out from those very knowledgeable - if land is valued at Rs. 100Crore, and I decide to sell it at that price, how should I handle the financial transaction? i.e. how much should I show as "white" vs. black/grey. What does white, black and grey mean to you? TIA

03-08-07	#2
Pinnacle Member Join Date: Nov 2006 Location: Mumbai, India Posts: 260 My Mood: Thanks: 0 Thanked 3 Times in 3 Posts	Stick to above board deal Realty deals are getting transperent by the day in India Large realty companies for obvious reasons buy land in full cheque payment All white deals are not an utopian deal anymore. So you are sure to get a all white deal if you get a right buyer All the best for your Deal Ram __________________ Ram

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