Sample MOU for re development of property in Chennai

Q: I want to have a well drafted MOU for the redevelopment of a JV arrangement with TNHB flat owners. We want to insist on criteria for selection of builder for the credentials including Audited balance sheets for the last three years with a minimum Business Turnover of 20 Crores , ISO 9001 certification , ITCC for the business entity , minimum of one JV with a TNHB flat owners in Chennai, Solvency certificate from a banker for the project value and completion of the project within the stipulated time frame with all the approvals

Mohan Natarajan, Chennai

24th October 2015

Residential Project Review in Thiruvanmiyur, Chennai

redevelopment agreement

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I can understand your concern. I would like to suggest you to have a thorough discussion with 2 or more builder and action plan and rate description. Also, you can consult a reputed lawyer to know more about the legal aspects involved in this case.