| SEVEN REASONS TO UNLOCK THE TRUE WORTH OF YOUR PROPERTY THROUGH JOINT VENTURE We continue to enjoy our ancestral heirloom and the abode with which lot of sweet memories are attached. We enjoy the appreciation on the property which continue to happen for all properties without going through the hardship of negotiating, selling and purchasing another property. According to some experts, if the property is converted into flats which its present owners intend to occupy for personal use and occupation in that case they cannot be subjected to capital gain tax. In the event we have any requirement of cash the same can be met by the security deposits paid by the developer at the time of signing and execution of the development contract without it being subjected to any kind of Capital or Income tax. An alternate accommodation during the development and construction over our existing property is usually provided by the developer for which the owners do not have to pay any tax. In the event the sale of property if the sale proceeds are used for the alternate accommodation no such tax exemption is available. When we own and occupy the flats constructed on our own property we are obviously not subjected to any brokerage, legal charges, stamp duty or registration fees etc. In most cases the value of the flats acquired by us in lieu of the land or the old property is 50-100 percent higher than the original value of the land or the property as is evident from the following example. Where a property worth 10 lakh is being developed instead of being sold at 50/50 joint venture with the developer. (A land works Rs. 10 lakhs gets converted to flat of Rs. 15 lakhs) This is better option than selling the land where the take home is less than the value of land). From the calculation cited above, it is evident that when we develop the property instead of selling, our returns are most of the times more than 100 percent higher. It is therefore, always advisable never to sell a property but instead get it developed by a reputed developer having an impeacable track record after making a thorough background and performance searched and after satisfying ourselves about his capabilities, performance and track record. |
 |
| Below mentioned are details of all our joint venture projects already executed or under construction along with mention of few of our previous land owners / current land owners. We will be more than happy and look forward for your proposals of developing your landed property jointly with us and be a part of the PS Srijan family. In the event you wish to speak to our previous landlords to enquire about our efficiency / credibility or trustworthiness, we will be glad to share their contact details with you : |
|||||||||||||||||||||||||||||||||||||||||||||||||||||
|
 |
Team Kolkata 
Devotedly contributing to shape the company's positive aspirations, our team at Kolkata strives to provide paramount value to our customers.
Team Chennai
Having a common vision across all the eyes, our team at Chennai works committedly and cooperatively to effectively accomplish the ultimate.
Department 
Being instrumental in our excellence and the driving force to our success, are our dynamic departments.
Awards & Recogniation
Sherwood estate developers bags india's biggest and most credible real estate awards