Questions, answered clearly
Villa Co-Ownership FAQs
Direct answers about ownership, payment flow, documentation, safety, fees and the intended resale process.
What does GrowthSquare do?+
GrowthSquare facilitates property research, negotiated acquisition, villa-specific SPV formation, professional due diligence, documentation, governance, project monitoring and future resale coordination. It is not the developer, lender or guarantor.
What is the purchase contribution for Samasti?+
The proposed contribution is ₹15 Lakhs per confirmed purchaser, subject to the final all-in cost sheet, SPV share-allotment documents and disclosed fees and charges.
When is the ₹15 Lakhs payable?+
Once the purchase is confirmed, the SPV is ready and the definitive documents are issued, the ₹15 Lakh contribution is payable in full to the villa-specific SPV current account by the communicated completion date.
How much is the expression of interest?+
The EOI is ₹25,000 and is paid directly to the builder under a written acknowledgement.
Is the ₹25,000 EOI refundable?+
If you do not proceed within the stated window of up to 100 days, it is refundable according to the written builder EOI terms. If you proceed, its credit or assignment into the SPV purchase route should be recorded in the definitive documentation.
Where does the main purchase money go?+
Confirmed purchasers transfer their contribution to the current account opened in the villa-specific SPV’s name. The SPV makes the consolidated final payment to the builder. GrowthSquare does not receive the property purchase money in its own account.
What exactly do I own?+
The complete villa and associated land rights are intended to be registered to the dedicated SPV. Each purchaser owns proportionate shares in that SPV under the final allotment and shareholder documents. The villa is not physically divided.
Is the opportunity RERA approved?+
The accurate description is that the underlying project is represented as RERA-registered, subject to verification of the current registration and disclosures. RERA registration does not guarantee price, completion, resale or any value scenario.
Why is the proposed villa price lower than the market route?+
The standard market and construction-linked route is indicated at ₹4+ Cr including registration. The proposed SPV route is based on an upfront consolidated payment, supporting a negotiated base villa price of ₹3.50 Cr plus registration, statutory and other disclosed costs.
Is ₹15 Lakhs becoming ₹20 Lakhs guaranteed?+
No. ₹20 Lakhs is an illustrative gross value scenario after the intended 18-month holding period. Property value, completion, owner approvals, sale costs and buyer availability affect the actual outcome.
What happens after 18 months?+
GrowthSquare may coordinate a whole-villa sale or another owner-approved route according to the shareholder documents, applicable law and market conditions. Resale timing and price cannot be assured.
What fees apply?+
Separate, applicable GrowthSquare facilitation fees may be charged at acquisition and at resale for services such as sourcing, structuring, documentation, coordination, monitoring and sale support. The precise fee, taxes and due dates must appear in the final cost sheet and definitive agreement before payment.
Can a purchaser exit earlier?+
Any transfer before the intended holding period is subject to the shareholder agreement, applicable law, required approvals and availability of an eligible buyer.
Can NRIs participate?+
Potentially, subject to FEMA, tax, banking, KYC and property-law advice for the purchaser’s individual circumstances.
Private ownership enquiry
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