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Black, Grey or White?

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Black, Grey or White?

Last updated: August 3 2007
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  • 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
  • #2

    #2

    Re : Black, Grey or White?

    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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