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Terms
& Conditions for Collaboration/JV |
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| Terms
& Conditions |
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The
following are the broad terms and conditions
of the collaboration / JV .The detailed
and minute terms and conditions including
legal and financial shall be decided
mutually by the respective financial
and legal advisors of both the parties.
The following terms and conditions
are not the only conditions , even
a new condition mutually acceptable
to both the parties can also be evolved.
The collaboration/JV can be made either
through investment in land cost and
investment in construction cost @ ratio
of 50% each by both the parties. In
this situation the interested collaborator
has to pay the amount of land cost
of his share to the Suryansh Group
of Companies in advance for the purchase
of land who shall be providing sale-deeds
in joint names. The future cost of
construction shall also be shared jointly
either through their personal funds,
or through loans and advance booking
etc.The profit out of the sale proceeds
shall also be shared @ ratio of 50%
each. |
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The collaboration/JV
can also be made through development
and construction activity to be carried
out by the interested partner with
a condition that 50% of the land cost
he has to be paid in the shape of refundable
and non-refundable security. Further
with minimum of 35% built-up and developed
area to be given to the collaborator
by the developer . |
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