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Is Noida extension free for all land issues??

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Is Noida extension free for all land issues??

Last updated: February 10 2014
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  • #31

    #31

    Re : Is Noida extension free for all land issues??

    Originally posted by planner View Post
    Bacche ki Jaan loge kya??
    almost all the projects of noida xxx are built by special purpose vehicle (a company floated by the big company with limited liability) so if any builder decides to close the project its liability is only limited to the assets of that project which in any case does not belongs to him

    its a scary part which most people do not even think of.

    rohit

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    • #32

      #32

      Re : Is Noida extension free for all land issues??

      Originally posted by rohit_warren View Post
      almost all the projects of noida xxx are built by special purpose vehicle (a company floated by the big company with limited liability) so if any builder decides to close the project its liability is only limited to the assets of that project which in any case does not belongs to him

      its a scary part which most people do not even think of.

      rohit
      Thats true. In SPV the land is transferred and so are the owners shares, thats the only way things work out on a leasehold model where land is owned by someone and another party gets in a JD/JV agreement without getting land transferred in their name.
      This is definitely scary but workable.
      MM

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      • #33

        #33

        Re : Is Noida extension free for all land issues??

        Originally posted by Munish Malhautra View Post
        Thats true. In SPV the land is transferred and so are the owners shares, thats the only way things work out on a leasehold model where land is owned by someone and another party gets in a JD/JV agreement without getting land transferred in their name.
        This is definitely scary but workable.
        Terrible but i think true answers.... ye bankrupt ban jayenge but bheekh to hamein maangni pad jayegi.......

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        • #34

          #34

          Re : Is Noida extension free for all land issues??

          Rising disputes in noida extension again

          Hearing about land issues again in noida extention on patvari villages land . What it is all about ..?

          Sent from my Lenovo A706_ROW using Tapatalk

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