Property Developer Busiess

Property Developer Busiess

Main Object Clause of an entity having business of Property Developer

(For Example: Sobha Developers Limited)

1. To carry on the business as builders, property developers, civil, mechanical and labour contractors, building and erection engineers, dealers in, importers, exporters and manufacturers of prefabricated and pre-cast houses, materials, tools, implements, machinery and metal ware in connection therewith or incidental thereto and to carry on any other business that is customarily, usually and conveniently carried on therewith in or outside India and to purchase, acquire, take on lease or in exchange or in any other lawful manner any area, land, buildings, structures and to turn the same into account, develop the same and dispose off or maintain the same.

2. To carry on the business of development of hi-technology industrial parks, residential townships, vocational training centres, leisure parks, convention centres and development of other infra structural facilities and to act as technical consultants and advisors in all matters relating to rural and urban infrastructural development.

3. To carry on the business to acquire by purchase, lease, exchange, hire or otherwise hold, manage, work, develop the resources of and turn to account any estates, lands, buildings, tenements and other property of every description, whether freehold or leasehold or other tenure and wheresoever situate and any interests therein and rights connected therewith and in particular to acquire or take over certain estates situate in India or outside and all or any parts thereon and any other assets used in connection therewith. 

Chains Business

Chains Business

(Example: Pricision Camshafts Limited) Main Object Clause of an entity having business of Chains 

1.To carry on import, export, manufacturing of fully machined camshafts, crank shafts, connecting rods, industrial chains, automotive chains, transmission roller chains, heavy duty chains for shovel and excavators, elevator chains, conveyor chains, bicycle chains, chain adjusters, chain for building construction equipment, and chains for all kinds of carriages and all other vehicles.

Engineering Business

Engineering Business

To acquire by purchase, lease, exchange, hire, reclamation, or otherwise and make advances on the security of and deal with or traffic in lands, buildings and hereditaments of any tenure or description and any rights, easements, estate or interest therein or connected therewith and to develop and turn the same to account as may seem expedient, and in particular by laying out and preparing land for building purposes and preparing building sites by surveying, planning, levelling, planting, paving, draining, farming and cultivating land, converting and appropriating any such land into and for roads, streets, squares, grounds, gardens and other conveniences and by constructing, re-constructing, pulling down, altering, improving, decorating, furnishing , holding, managing, administering, controlling and maintaining offices, flats, service flats, houses, bungalows, chawls, factories, colonies, warehouses, shops, water, water wharves, buildings, swimming pools, markets, hotels, motels, theatres and other works, structures and conveniences of all kinds for residential, commercial, public or industrial purposes and by leasing, letting (on building lease or building agreement or otherwise ) selling ( by instalments or otherwise ) and otherwise disposing of the same and to carry on the business of promoters, builders, developers, constructors and engineers, consultants, decorators and architects and of undertaking contracts for Governments, corporations and others for execution and construction of the aforesaid works, structures and conveniences and civil and architectural projects and supplying labour, material and equipment with all ancillary works, design, planning and operations and of rendering relating services such as architects, plumbers, decorators, consultants or agents

Infrastructure Business

Infrastructure Business

1. To carry on the business of Builders, Developers, General maintenance, Construction, Contractor and to construct, purchase sell, execute, develop, maintain operate, run, obtain, grant lease, sub lease, license, arrangement for/of tenancy/ tenancy rights, let out and/or sell departmental stores, offices, residential apartments, bungalows, townships, factories, flats, warehouses, Pent Houses, resorts, entertainment complex, Malls, Multiplex Concert Halls, Hotels, Restaurants, Studios, Shopping Centers, Special Economic Zones, Airports, Highways, Satellite Townships, Industrial IT Parks, IT Campuses, Hospitals, Seminar Halls, marketing arcades, farm house, theaters, residential schools, playground buildings and every kind of erections, infrastructure, construction works and to promote, establish, acquire, purchase, sale, construct, develop new townships and to develop, provide, supply, maintain various infrastructure facilities and to undertake development of infrastructure projects in all areas of infrastructure including but not limited to basic infrastructure such as power, roads, water, water management, waste management system, sewerages, industrial infrastructure, urban infrastructure, tourism infrastructure and to purchase, sell and deal in land and immovable properties in India or any other parts of the world and any accretion thereto in the form of area or any other form whatsoever and to promote formation of co-operative housing societies, companies, trust or other associations
2. To purchase, construct, develop, transfer, take in exchange or on lease, hire or otherwise acquire, whether for investment and / or sale or working in the same, any real or personal estate or property including land, mines, business, building, factory, mills, houses, cottages, shops, minerals, rights, concessions, privilege, licenses, lease whatsoever for the purposes of the Company in consideration for a gross sum or rent or partly in one and partly in other or for some other consideration.
3. To carry on the business of hotels, restaurants, cafes, resorts, refreshment rooms, juice centers, spa centers, beauty salon centers, fitness center and to carry on business of buying, selling, trading, importing, exporting, wholesaling and retailing of all food products and drinks with hospitality industry.