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Small construction

(Querist) 16 February 2012 This query is : Resolved 
I am purchasing a plot size 6000 sq geet for holiday home.I plan to construct 400 sq ft 4 roomsand kitchen n common area.
Now is it possible by some way i can sell these rooms to different individuals and offer them rent back for using these rooms.(this i want to do as lots of capital will be spend in constructing and i dont want to put in that much fund at this moment.
thanks
ajay sethi (Expert) 16 February 2012
in goa this is quite common . builder construct hotels sell rooms to investors wherein they can use rooms during off season and get monthly income from the builder during the season .

the scheme would work provided your holiday room is in a toursit location .

for members of LCI offer 50% discount
Aadish (Querist) 17 February 2012
Thanks sir
& 1 complimentary stay for you.
ajay sethi (Expert) 17 February 2012
great . your offer is accepted .
H.M.Patnaik (Expert) 17 February 2012
Yes, this is a workable arrangement in case you get suitable party to accept the offer.


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