YOUR HOME UPKEEP SHOULDN'T WEAR YOU DOWN
Think of the next monsoon. Any leaks? Dread dealing with the painting contractor after the monsoon? How about the hassles after the transformer down the road blows a fuse? How do you deal with a leaky water connection, or a sewage block? Have you visited the municipal offices? Now, think of a caretaker who can rid you of such landowners’ woes. Is a caretaker an expensive luxury? Not if you share costs with several flat owners. A caretaker can pay electricity, water and property tax bills. He can deal with the gardeners, painting contractors, plumbers and carpenters needed to keep your home in condition. Isn't it time to develop your property?
THERE IS AN ANSWER TO THE SERVANT PROBLEM
As one grows older, the work involved in maintaining the house becomes more cumbersome. And, domestic help is hard to get and hard to keep. Now, if you had a flat, things would be different. With the proximity of other flats, your help can finish her work quickly and earn a lot more. For domestic help, an apartment building is a whole lot more rewarding than an independent house. Which means you get a choice of domestic help in an apartment building. Isn't it time to act to develop your property?
ACT NOW AGAINST THE RISING CRIME RATE IN THE CITY
The independent house is a prime target for a burglar. Earlier, just a high compound wall, a big gate and, maybe, a dog, was sufficient security. Then came the watchman, employed ad hoc, to sleep on the porch. But things have changed. Burglary and crime have become more common. You need a good three shift security service. But that is costly. Share expenses with other flat owners and you've solved the problem. Yes, an apartment building is the solution. The entry points are restricted. A shout for help will bring in neighbours - all, sufficient to deter a prospective burglar.
ENJOY PEACEFUL VACATIONS
Go away to be with your grandchildren in Detroit or Denver with peace of mind. A house needs constant attention and could be burgled. But, in an apartment building, there is organised upkeep. 3 shift security staff and the neighbouring flat owners are always there to keep an eye on your home when it is vacation time.
CREATE MORE PLANNED SPACE FOR YOUR FAMILY
Do you have a son who's passed out of college and is now the eligible bachelor in town? Is your life on the threshold of change with new daughters-in-law or joyful new grand- children? Do you have a single kitchen with one too many queens? Maybe it’s time you let your home multiply for a change. A flat for the eligible bachelor and another for your mother who insists on being independent. With privacy for everyone. It’s time to develop your property. It’s time to call Si.
SHARING VALUE APPRECIATION
Should you sell when the prices have hit rock bottom? It is better to choose joint development, where you take over the space two years later, well into a rising market. Apart from a brand new home of your own, you get readily saleable spaces, in smaller marketable sizes, as flats. Your options open up, just when the prices come back up.
RETAINING AN INTEREST IN YOUR HERITAGE
If you sell off your property, you have lost your link to the past - memories of your history, of a more gracious past. Joint development enables you to retain your ties and leave behind a more convenient and manageable piece of wealth for your offspring.
A PORTFOLIO TO MEET EVERY NEED
Consider the differing requirements of a large family - one individual wishes to encash his asset, another to retain space and yet another to divide his holding between several heirs. Each one needs independent ownership. Joint development can meet all these differing needs.
TAX BENEFITS FOR RE-INVESTMENT
Any investment, of the land consideration in retained built space, is exempted from Capital Gains Tax. As against this, with outright sale, this tax becomes payable.
OUTRIGHT SALE - THE PITFALLS
Even before the downturn in property prices during mid-nineties, the real estate market had very few buyers with deep enough pockets to buy large properties for cash. Invariably, other so called "cash transactions" involved a preliminary agreement, when an advance was paid. The land owner was then enmeshed into an encumbrance on the property, which could be released only years later when the buyer completed the transaction. A land owner should be wary of any cash transaction, which lacks adequate safeguards for its speedy fulfilment. With depressed markets, the pitfalls have become worse.
LOCATING THE RIGHT FLAT
You always have the option to buy a flat with the proceeds of an outright sale. But you will be constrained by the available designs and layouts in the market. Often, when the layout is acceptable, the location may mean a longer commute.
CUSTOM BUILD YOUR FUTURE HOME IN STYLE
With joint development, you set your design parameters - an island counter with a breakfast table in the kitchen for the wife, a suspended swing chair for the daughter to curl up with a book, an internet station in the corner for the son, and a den to balance your portfolio and read the Time magazine in peace. Joint development can upgrade your home with up-to-date fits and finishes and suit the needs of the whole family.
YOU DEMAND QUALITY
Over four decades, Southern Investments have developed over 5 million sq.ft of space, maintaining exacting quality standards that have served as a bench mark for the Industry. Si has the experience to work out a plan to fit your special needs. And rework it again and then again till everyone in your family feels good about it.
YOU EXPECT HIGHER RESALE VALUES AND RENTALS
Si's plans, workmanship, attention to details, and durable quality standards have always commanded a premium on resale values and rentals in every market. Your asset earns you more returns when you jointly develop your property with the best in the industry.
PEACE OF MIND COMES FROM A CONSCIOUS CHOICE
Should you seriously consider a higher offer made possible through the violation of building rules? Should you ever lay yourself bare to harassment from authorities through demolition notices and painful court cases? When safeguarding your asset, it is wise to choose a dependable developer. Over three decades, Si has meticulously followed the building rules.
PASS ON IMPECCABLE DOCUMENTS TO YOUR LOVED ONES
Legitimacy comes from a sea of paperwork - Powers of Attorney, Building Sanctions, Sale Deeds, applications for power and water connections, Completion Certificates, Patta transfers - processed by many Government departments. A hitch, an erroneous application or, worse still, the absence of such clearances, could stall the whole process. Even worse, it could demolish the value of your asset. Look to Si's experience and legal counsels to guide you. Ensure that the title you pass on to your heirs is impeccable.
MAKE A WISE CHOICE
Think about it. Discuss your plans with your loved ones. Come and visit the latest Si project to see for yourself. You can easily see that the designs, finishes and specifications of their latest delivered projects are the very best. Our staff can give you more details, discuss your specific needs and put you in touch with the best professional advice.