Process Steps

(Weeks) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Inspection of property

Validate property related

documents

Market Research & determine fair

market value

Prepare Information
Memorandum (IM) / Flyer

Identify list of prospective buyers

Sharing Flyer

Preparing draft advertisements for

local / national newspapers &
release of advertisements

Conducting site inspections

Sharing Information Memorandum

(IM) with interested buyers

Follow-ups with prospective

buyers

Collect Offers

Evaluate offers and profile of

buyers (Due Diligence)

Re-negotiations with 3-5 short

listed buyers

Finalize all terms with shortlisted

buyers

Signing of MOU / collect EMD

NOC/Transfer order from MIDC

Signing "Deed of Assignment" &

receipt of full consideration