How to to start proprty exchange on the line of comodities exchange
mukund
(Querist) 13 August 2012
This query is : Resolved
with our associates we want to start exchange trading on the line of commodity exchange/ m c x/ gold trading
to which authority we have to approach?
am regd independent director gujarat
mukundp41@yahoo.co.in
Guest
(Expert) 14 August 2012
Good proposal. But, what is your overall budget for the property exchange. as that may involve huge capital investment?
mukund
(Querist) 14 August 2012
THANKS A LOT FOR YOUR PROMPT RESPONSE.
OUR BUDGET IS RS1 CRORE TO RS 5 CRORES =BUT IT IS FLEXIBLE SINCE IT WILL DEPEND ON FEES TO BE DEPOSITED. PAID
PL ENLIGHTEN ME TO WHICH AUTHORITIES WE HAVE TO APPROACH.
SIR CAN U HANDLE THIS? YOUR FEES PL
HAVE NICE DAYS AHEAD.
AM REGD INDEPENDENT DIRECTOR
MUKUND BARODA
H.M.Patnaik
(Expert) 14 August 2012
Dear Mr. Mukund,
with reference to your query, since the value of properties having good commercial value has gone up very high these days, you have two options at hand to keep yourself busy and further your business prospects which are as under:
1) Utilizing the limited resources available at your disposal , you can acquire land in the outskirts of any highly populated urban township ,develop the parcel of land into housing plots of different sizes equipping the area with road, boundary, market building, dispensary etc. .Try to dispose off the plots within a short time and rotate the funds investing the proceeds in developing litigation free plotted housing projects .
2)Another option is to tie-up with a land owner having property at strategic location executing a Developers Agreement investing a small portion of working capital available at your disposal and take up marketing of the plots or flats or commercial space engaging marketing professionals.
In case of any doubt, pl. feel free to contact me for clarification.
Guest
(Expert) 14 August 2012
You may need to draw policies, plans and programs that may extend for at least two years to be implemented in various phases for the purpose.
