Financial Express carried a news about jaydaad.com to launch National Property Stock exchange with liquidity corpus of 500 crores. I had thought of similar idea almost 9-10 months back but following short falls lead me to scrap it for time being
– With higher valuations of property what kind of mechanism or calculation to be brought down to breakup property into equity. So more than one buyer could be invested on the property.
– What kind of property will be allowed to get listed keeping in mind in India biggest problem with properties is unclear title or unregistered properties
– In terms of liquidity as property registration and transfer etc takes long time how can they promise within 7 days money invested will be again available to buyer if willing to get out of the investment
– How will the sub-brokers etc benefit in getting people to sell their property via national property stock exchange in terms will they get commission on trades for doing nothing or defined procedural role have been created.
– Will margin account concept be made available for people to invest in properties at higher interest rate. If yes then if one partner is pledging equity in property as collateral will conset of others required.
Though property in india has high investment return but the reason for that being 60% of money is being traded in black market and mostly speculated. Will have to wait for more rules and further press releases from jaaydaad.com to understand their model.
Update : CONTACT DETAILS for JAAYDAAD.COM
Company |
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Global Infocom Limited |
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Address |
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F-90/12, OKHLA Industrial Area, Phase-1, New Delhi-110020 | ||
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Phone |
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011 30886222, 30889334 |
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Website |
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For Corporate Enquiries |
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skjain@jaaydaad.com This email address is being protected from spam bots, you need Javascript enabled to view it |
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For General Enquiries |
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info@jaaydaad.com |