Akchat Subham

Shibpur, Howrah

The owners of many old properties across the country are either leasing out their property to tenants or are moving to out, leaving the property vacant. Most of them are unaware that by developing and constructing a commercial/retail/apartment building, the same unoccupied property can yield high revenue and can be a source of profits.
Often for sentimental reasons, one cannot part with ancestral property. Additionally, paying high capital gain tax or high stamp duty, is undesirable but a direct consequence of selling off old property.
The owners of many old properties across the country are either leasing out their property to tenants or are moving to out, leaving the property vacant. Most of them are unaware that by developing and constructing a commercial/retail/apartment building, the same unoccupied property can yield high revenue and can be a source of profits.
Often for sentimental reasons, one cannot part with ancestral property. Additionally, paying high capital gain tax or high stamp duty, is undesirable but a direct consequence of selling off old property.