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-   -   Acron Homes (https://britishexpats.com/forum/goa-170/acron-homes-390176/)

old man Jul 14th 2009 9:32 pm

Re: Acron Homes
 

Originally Posted by David Gardiner (Post 7754046)
The sale of my Acron property ("owned" by myself on the renewable lease scheme


Originally Posted by David Gardiner (Post 7754046)
) is due to proceed on the 26th/27th of october 2009. I will advise of the outcome as and when the deed is done. We originally sold just after our visit last Easter but withdrew as we love Goa so much. We realised we were silly to turn down such a good offer and the buyer was still keen to proceed so we shall see what happens. As things stand I have been advised by Acron that they will return the money via the same way it arrived i.e. transfer to my UK account. There is a 50000R admin fee plus I have to pay CGT on the profit and 2% to the agent. Should all be successful I shall put you i touch with the guy who sold it for me. It probably would not do you any good trying in the monsoon season anyway.

On a renewable lease the property is not registered in your name, like some of us others then :confused: by this I mean registered in Mapsa at the registry office.

Remy-Ireland Jul 14th 2009 9:34 pm

Re: Acron Homes
 

Originally Posted by David Gardiner (Post 7754046)
The sale of my Acron property ("owned" by myself on the renewable lease scheme) is due to proceed on the 26th/27th of october 2009. I will advise of the outcome as and when the deed is done. We originally sold just after our visit last Easter but withdrew as we love Goa so much. We realised we were silly to turn down such a good offer and the buyer was still keen to proceed so we shall see what happens. As things stand I have been advised by Acron that they will return the money via the same way it arrived i.e. transfer to my UK account. There is a 50000R admin fee plus I have to pay CGT on the profit and 2% to the agent. Should all be successful I shall put you i touch with the guy who sold it for me. It probably would not do you any good trying in the monsoon season anyway.


Thanks David,

This could be a way out for many who will still be able to turn a profit as an added bonus.....hope all goes to plan for you.:fingerscrossed:

Remy

cbc Jul 14th 2009 9:47 pm

Re: Acron Homes
 

Originally Posted by David Gardiner (Post 7754046)
The sale of my Acron property ("owned" by myself on the renewable lease scheme) is due to proceed on the 26th/27th of october 2009. I will advise of the outcome as and when the deed is done. We originally sold just after our visit last Easter but withdrew as we love Goa so much. We realised we were silly to turn down such a good offer and the buyer was still keen to proceed so we shall see what happens. As things stand I have been advised by Acron that they will return the money via the same way it arrived i.e. transfer to my UK account. There is a 50000R admin fee plus I have to pay CGT on the profit and 2% to the agent. Should all be successful I shall put you i touch with the guy who sold it for me. It probably would not do you any good trying in the monsoon season anyway.

Hi Thanks everyone for the info.
Hi David how much is the CGT percentage?
that would be great if you can put me intouch with your guy as I really don't know where to start.
How comes it takes all this time till Oct to do the signing over?
I'm really up for a quick sale, selling at a bargin price, just to get the cash.

Thanks
Julie

Remy-Ireland Jul 14th 2009 9:51 pm

Re: Acron Homes
 

Originally Posted by old man (Post 7754094)
[COLOR="Red"]

On a renewable lease the property is not registered in your name, like some of us others then :confused: by this I mean registered in Mapsa at the registry office.

Noni, have they (DoE) specifically said you can't re-sell ???
What about this 3 way PoA thingy???

It stinks of pure hypocrisy because on one hand they say you should'nt have property and on the other they won't let you sell to a Goan/Indian so you can fulfil their wishes so........ ??????

David Gardiner Jul 14th 2009 9:56 pm

Re: Acron Homes
 

Originally Posted by cbc (Post 7754139)
Hi Thanks everyone for the info.
Hi David how much is the CGT percentage?
that would be great if you can put me intouch with your guy as I really don't know where to start.
How comes it takes all this time till Oct to do the signing over?
I'm really up for a quick sale, selling at a bargin price, just to get the cash.

Thanks
Julie

Julie CGT is 33% on the PROFIT ONLY thats if you have had the proerty for 3 years or less (I think!) The reason for the time delay is our own doing as my wife did not want to fly during the monsoon. We could have completed within two weeks of the offer if we wanted. Where is your villa and what spec is it?

noni Jul 14th 2009 10:41 pm

Re: Acron Homes
 

Originally Posted by Remy-Ireland (Post 7754152)
Noni, have they (DoE) specifically said you can't re-sell ???
What about this 3 way PoA thingy???

It stinks of pure hypocrisy because on one hand they say you should'nt have property and on the other they won't let you sell to a Goan/Indian so you can fulfil their wishes so........ ??????



We are lead to believe we cannot sell, because our Deeds are registered, not because of the D of E inquiry. We were told by them that any FN that has registered Deeds will, when the come to sell, be investigated. I presume they catch you when you get to a certain point of the sale!

Not really worried about that, as we do not want to sell, we love it out there warts and all. But if Goa does not want us, just let us sell and have our investment back, a profit would be a bonus, but the initial investment
repatriated to UK would be something.

I don't understand this PoA thingy? Acron renewable leasehold would I presume comes under the same category as Sale Agreement paperwork.

Anyway good luck to the Acron members who are in the process of
selling, I hope all goes well with you. Please keep us updated.

cbc Jul 14th 2009 11:22 pm

Re: Acron Homes
 

Originally Posted by David Gardiner (Post 7754167)
Julie CGT is 33% on the PROFIT ONLY thats if you have had the proerty for 3 years or less (I think!) The reason for the time delay is our own doing as my wife did not want to fly during the monsoon. We could have completed within two weeks of the offer if we wanted. Where is your villa and what spec is it?

Hi David

My place is a one bed-roomed apartment, ground floor at Villa Eva.
Really nice, but other things have come in my life so need to sell, asap.

Julie

martin_d Jul 15th 2009 6:44 am

Re: Acron Homes
 

Originally Posted by cbc (Post 7754413)
Hi David

My place is a one bed-roomed apartment, ground floor at Villa Eva.
Really nice, but other things have come in my life so need to sell, asap.

Julie

You recommend Villa Eva then? Not looking to buy (although if it was possible I would be tempted) I'm heading here in September and looking forward to it

cbc Jul 15th 2009 12:51 pm

Re: Acron Homes
 

Originally Posted by martin_d (Post 7755542)
You recommend Villa Eva then? Not looking to buy (although if it was possible I would be tempted) I'm heading here in September and looking forward to it

Villa Eva is lovely, its really quite, overall dealing with Acron has always been professional, I think all there properties are good.
Where are you staying in Sep? I've stayed at Villa Bonfirm that nice and quite too, but still in a lively area.

julie

cbc Jul 15th 2009 12:52 pm

Re: Acron Homes
 

Originally Posted by David Gardiner (Post 7754167)
Julie CGT is 33% on the PROFIT ONLY thats if you have had the proerty for 3 years or less (I think!) The reason for the time delay is our own doing as my wife did not want to fly during the monsoon. We could have completed within two weeks of the offer if we wanted. Where is your villa and what spec is it?

I,ve sent you a PM

mywaygoa Jul 15th 2009 5:03 pm

Re: Acron Homes
 

Originally Posted by jose1 (Post 7753763)
Sorry but they will not.

any one having property on sale agreement with saldahna will be able to sell on, the company were brilliant when we sold on, you just visit with the buyer to panjim office, they then charge you only 250 per sq metre and you get a lawyer to do a deed of execution, both parties sign and you get all the cash and profit as well and thats you finished and then the company deal with the new buyer (in our case a indian) and execute them a deed.

cbc Jul 15th 2009 6:42 pm

Re: Acron Homes
 

Originally Posted by mywaygoa (Post 7756904)
any one having property on sale agreement with saldahna will be able to sell on, the company were brilliant when we sold on, you just visit with the buyer to panjim office, they then charge you only 250 per sq metre and you get a lawyer to do a deed of execution, both parties sign and you get all the cash and profit as well and thats you finished and then the company deal with the new buyer (in our case a indian) and execute them a deed.

That's brilliant news, how did they pay in $ or rupees and how did you get it out of India.
I just hope Acron is as nice.
Julie

vradulla Aug 19th 2009 4:26 am

Re: Acron Homes
 

Originally Posted by cbc (Post 7753246)
Hi I want to sell my place but don't really know how to go about it?
Where do you advertise it, are there any agencies in goa/uk?
Thanks to all for explaining the tripartite agreement.

julie

we will be interested to buy your property. if you are interested then give more details to [email protected] are pio holders so we don't have any problems owning property ingoa
thanks

cbc Aug 19th 2009 3:02 pm

Re: Acron Homes
 
Hi vradulla

tried to reply to your e-mail, something not right.

Thanks
cbc

vradulla Aug 19th 2009 8:29 pm

Re: Acron Homes
 
hi
it may be because i am a new member and sometimes they donot let you.

please try again. i am going to goa on sept 10th and hope to view properties


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