Partitioned sale
Aadish
(Querist) 14 February 2012
This query is : Resolved
hi,
I am planning to purchase a plot of 6000 sqft
for a small resort,my capital will get over in purchasing the plot.I am planning to build around 6 rooms like studio apartment(400 sq ft each). Now this is my query
Is it possible that i sell these individual rooms to different people who would like to put in money with me(so as the resort can be constructed with this capital and rooms will be individually sold to different people.I will offer them rent back on the business generated
Is this idea of selling individual rooms workable?if yes how?
Thanks
