A) Acquisition And Disposal Of Properties
The Company is associated with the sale and purchase of the premises (both office and residential). The Company also takes up assignments for concluding the transactions regarding acquisition/ disposal or taking on lease or leasing out of commercial/ residential premises on behalf of its clients.
The Company has established credentials, in property dealings and the experience in the field is as under:
On a cumulative basis the sale of property by the company adds up to around INR 9500 million (Rs.950 Crores excluding the assignments of leasing).
The experience gained by the Company during acquiring and selling of properties have enriched the Company to take up the title clearance, valuations and legal documentation and hence the Company is well equipped to carry out asset acquisition or disposal for its clients either on outright basis or on lease basis.
This company is one of its kind, perhaps the only Government Company, which has established itself at a premium position in the sale of properties complying with all the transparency norms.
While the Company has sold and is in the process of selling properties worth Rs.9500 million the Company has carried out valuations for these properties before putting them up for sale gaining adequate experience to carry out valuations. The Company takes up valuations on behalf of the clients through empanelled valuers.
The company has been short listed for assignments in SAIL.
The company has been empanelled by National Insurance Company for carrying out valuation of the properties owned by them.
By virtue of the experience in the properties the Company would also be able to advise its clients on the strategic management of the properties owned by them i.e. to optimize the uses of the property and to derive maximum benefits through it.
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