Subject: TRADING PROPERTY

PROCEDURE :- ELIGIBILITY PROPERTIES:

1. Commercial 2. Residential 3. Industrial properties

BENEFICIARIES: 1. Individuals 2. Proprietorship Firm 3. Partnership Firm 4. Private Limited Companies

MINIMUM VALUATION OF THE PROPERTY SHOULD BE 600CR. AND ABOVE.

MANDATORY: Indian National Passport for all the applicants. Owner’s of the Property Director’s / Partner’s of the Company Minimum Property Worth should be INR 500 Crores & Above as per the Bank Panel Valuations

UNIQUE FEATURES 1. Clear Document Properties with up-to-date Tax Paid Receipts and Encumbrance Certificates but problems with possession are also eligible for trade program. 2. Bullet Payment (Full Payment settled in Single tranche) for all, including the beneficiaries. 3. ***All payments are done after TDS 10.3% through bank account only.. 4. Total processing period 60 RBI working days. 5. Complete Deal done with HSBC Hongkong Bank only. 6. No lien / Mortgage / Sale Agreement is done with the Owners of the Property. Only A REGISTERED GENERAL POWER OF ATTORNEY will be TAKEN till the end of the trade period. Properties can be physically used for development purpose.

NOT-ELIGIBLE:

Estates & Plantations with Govt contracts Karab Lands Mines and Quarries Trust properties Public Limited Companies GPA Holders / Power of Attorneys

DOCUMENTS NEEDED These are the documents required initially, for the prior approval by the Platform / Programmer-for trading : 1. Legal opinion of the property by an Impaneled Advocate of any Nationalised Bank. 2. Current Valuation report as on date. 3. Willingness Letter signed by all the Owners / Directors. 4. A detailed Profile of the property Owner 5. Passport Copy 6. Bank Account Details Copy, 7. Voter ID 8. PAN Card, Last 3 years, I.T. Returns with Audited Balance Sheet, P&L Statement

aIn case of Company, above mentioned Financial Documents are required for the company as well as for all the Directors / Partners. b. In case of Private Limited Company, i. DIN Numbers of all the Directors. ii. Memorandum of Articles iii. Articles of Association iv. Board Resolution Copy to opt for Property Trade 9. Title Deeds 10. Up-to-date Tax paid Receipts 11. Property Possession Certificate 12. Encumbrance Certificate. 13. However, before submitting the documents to the platform a personal meeting with the Property Owner is a MUST. All the above documents should be photo-copied from the original and SHOULD BE NOTARIZED. The property document papers cannot be considered WITHOUT NOTARIZATION.

3 sets of all the above in a pen drive and a hard copy file to submit.

*** few points Will be discussed in personal meeting with applicant .

Revert for any clarifications. regards dhanraj.dhankar@gmail.com