Frequently asked questions
Co-Ownership, Explained Clearly.
Direct answers about Villa Gracia 53, the dedicated SPV, ownership units, costs, governance and the intended ownership lifecycle.
What do I own?+
You own a documented ownership unit in the Special Purpose Vehicle that owns Villa Gracia 53. Your rights, responsibilities and governance are defined in the SPV documents and definitive agreements.
What is the underlying asset?+
The underlying asset is Villa Gracia 53 at Samasti by Prime Acres, Gunjur - a premium Mediterranean villa within a BDA-approved and RERA-registered residential development, subject to current verification.
Is the villa physically divided?+
No. The villa remains one complete property. Ownership is shared through the SPV and the villa is never physically divided.
Can I purchase more than one ownership unit?+
Yes. Subject to availability, a purchaser may acquire one or more ownership units.
How is the villa purchased?+
The Expression of Interest is paid directly to the developer. Once the SPV is incorporated and ownership is confirmed, owners contribute to the SPV, which completes the builder-direct acquisition.
What does my ownership contribution include?+
The all-inclusive acquisition cost is based on prevailing charges at confirmation. It includes the builder villa acquisition, applicable GST, stamp duty, registration, legal due diligence, technical validation, documentation, SPV incorporation and administration, estimated maintenance and corpus contribution, governance documentation and GrowthSquare ownership support. New or revised government charges remain payable by owners under applicable law and definitive agreements.
How is GrowthSquare compensated?+
GrowthSquare retains one ownership unit in Villa Gracia 53 as consideration for platform structuring, SPV incorporation, governance, legal and technical coordination, acquisition management, administration and ongoing support. This allocation is fully disclosed before participation.
How are decisions made?+
Voting rights, shared expenses, transfers, major decisions and the sale of the villa are governed by the SPV documents and agreed governance framework.
Can I sell my ownership unit?+
Yes. An owner may identify a prospective purchaser or first offer the unit to existing owners through the SPV. A transfer remains subject to the governance framework, definitive agreements, applicable law and the SPV approval process.
When will the villa be offered for sale?+
The intended ownership period is up to 18 months from acquisition. As the project approaches completion and market conditions are considered favourable, GrowthSquare will recommend initiating the sale process. The final decision always rests with the owners under the SPV governance framework.
What happens if the villa is not sold within 18 months?+
The 18-month period is an intended ownership horizon, not a guaranteed sale timeline. Owners may collectively continue holding the asset or proceed with a sale later. GrowthSquare will continue ownership support until the owners decide otherwise.
Who pays maintenance, BESCOM and other charges after possession?+
If the SPV continues to hold Villa Gracia 53 after possession, the owners are responsible for ongoing property expenses. These may include association or project maintenance, BESCOM electricity charges, water and utility charges, property tax, insurance, repairs, corpus or other top-ups, statutory levies and any other amounts identified in the approved cost sheet or definitive documents. The SPV pays these expenses from owner contributions, shared according to the documented ownership and governance framework. GrowthSquare may coordinate administration and notices, but these property expenses are borne by the owners.
How are sale proceeds distributed?+
After an owner-approved sale, the SPV receives the consideration. Applicable liabilities, taxes, statutory charges and transaction costs are settled before the balance is distributed according to each owner’s documented share.
Who pays taxes?+
Tax treatment depends on applicable law and each owner’s circumstances. Taxes arising from ownership, transfers, distributions or sale are the responsibility of the respective owner. Independent tax advice is recommended.
What happens if an owner defaults?+
The SPV governance documents define payment-default remedies, ownership transfers, voting rights, dispute resolution and continuity of ownership.
Can I visit the villa before participating?+
Yes. Site visits can be arranged by prior appointment, subject to the developer’s access guidelines and construction status.
Two-brochure access
Enquire once. Access both brochures.
Submit your details once to unlock the GrowthSquare Co-Ownership Guide and the Samasti by Prime Acres Project Brochure, then speak with our team about Villa Gracia 53, the 25-unit SPV structure, ownership contribution and documentation process.
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