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In theory the greatest benefit of this particular provision is the threat of a three-year prison sentence which should hopefully be enough to make those thinking of bending the rules think again. It does however suggest that the Indian authorities are determined the clean-up the real estate market and make it more transparent. Will they be good to their word and follow through with their various threats? The introduction of new real estate regulations across India appears to be painstakingly slow although behind-the-scenes there is much activity. While greater transparency is perhaps the main benefit of the changes the new protections afforded to investors and developers should not be underestimated. When you bear in mind the size of the Indian real estate market, and the vast population of the country, it does beggar belief as to why it has taken so long to introduce these safeguards. What is the token advance amount that you need to pay while booking the plot? Is there any Bank Loan facility available for the said plot? Check if all payday loans in mobile al the titles of the said plot are cleared by the local governing authorities? Probe and get the update of the current condition of the said property? Investigate if the said plot is prone to any environmental hazards? Find the asking rate of the land owner before making a payday loans in mobile al counter proposal for the said plot?

To say that 2015 has been a difficult time for the Indian real estate market is something of an understatement. The buoyancy of the previous couple of years soon disappeared along with confidence that developers would actually be able to deliver developments on time and within budget. As a consequence, there is a massive backlog of properties available in the Indian market with investors on the sidelines waiting for this overhang of property to be taken out. The bulk of this is likely to come from overseas investors amid signs that the Indian government is more receptive to interest from overseas. Indeed the slackening of laws restricting overseas ownership of Indian real estate has been well received and 2016 is likely to see the best of this particular move. It is hoped that these fundraising exercises will allow much of the unsold property to be taken out thereby reducing the overhang on prices. Until the majority of this unsold property is taken out it is difficult to see why investors will suddenly en masse invest in Indian property. As we touched on above, private equity funds will be cash rich in 2016, the troubled overhang of rental properties will likely start to reduce and tighter regulations covering developers and investors should inject more confidence.

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There is a growing belief that property developers have learned lessons from the past and are unlikely to make the same mistakes as years gone by. This saw many investors left with investments in properties which were either well behind schedule, well above budget or were never finished. This encouraged accusations of fraud and underhand activity which did confidence in Indian real estate no good quick and easy loan whatsoever. There is a growing opinion that we will see a shift from investor driven markets more towards end-user driven activity. Even though many private investors have been delaying potential real estate investments throughout 2015 there are signs that things are changing.

We may see home prices fall further in the early part of 2016 but there are hopes of recovery thereafter. Even though 2015 was a difficult time for the Indian real estate market the Indian office space sector performed admirably.

Recently we have seen a large amount of available office space changing hands amid signs that long-term private equity investors are willing to fund new office space developments. The e-commerce sector in India is still very strong and rental yields on office quick borrow money online space are proving attractive to an array of different investors. India was recently confirmed as the fastest-growing economy in 2015 and while further growth is expected in 2016 we may see a reduction in the growth rate. However, all in all it looks as though the Indian real estate market is fairly well-positioned for 2016 in what many believe could be a transitional year. At payday loans in mobile al a time of uncertainty, as the UK looks to leave the European Union, it is encouraging to see the likes of leading real estate consultancy firm JLL India taking a more positive outlook on the worldwide real estate market. The company believes Kochi will be the next property market hotspot in India and there are some very good reasons why this conclusion was reached.

The Indian property market is certainly growing in popularity with foreign investors and we are starting to see investors looking away from the larger well-known cities. As the Indian government looks payday loans in mobile al to increase investment in infrastructure it is certainly worth noting that Kochi has the largest global hub terminal for international container transport in the country. This effectively makes the city a gateway to South India and when you bear in mind the ever-growing increase in international trade this will certainly be an attraction going forward.

As business in the region grows so will demand for local real estate and the economy will certainly benefit going forward. The ongoing construction of an international terminal at Kochi will again have a major impact upon visitor numbers to the region. Due to be commissioned in 2016 the airport will be fdic small dollar loan maryland able to handle up to 4000 passengers per hour attracting both business and domestic travellers. This is just another piece of the jigsaw which will see ever-growing demand for real estate in and around Kochi. The Indian Ministry of Urban Development has included Kochi in its list of 20 candidates for so-called smart city status. This development will see yet more investment in Kochi covering areas such as e-governance, water management, power supply and payday loans kansas city ks general infrastructure.

This all adds to the attractions for both domestic and international businesses looking for a foothold in the Indian market. There will also be yet more investment in general transport links in the region complementing the new airport and international container transport terminal. When you consider the ongoing changes in and around Kochi the introduction of a metro rail service, due to be operational by 2017, is yet another feather in the cap of the local authorities. If you look at the fast cash lenders long-term potential of the Indian economy not to mention the enormous population, many of whom have yet to benefit to any great extent from the recent growth in the economy, there is certainly great potential for cities such as Kochi. Investment in infrastructure, smart city status and an expanding real estate market will catch the eye of domestic and overseas investors. When you also consider the recent changes in real estate regulations, offering greater protection to developers and investors, could we possibly be headed for a perfect storm for cities such as Kochi? Over the last payday loans in mobile al few years we have seen major movement in the Indian real estate market with the authorities looking to be more transparent and offer additional protection to investors. It may have taken longer than some would have hoped but the recent bill signed by the Indian authorities is certainly a game changer. This has created a number of legal arguments between investors and developers although historically there has been very little in the way of recourse for investors in times of trouble. However, this situation will change with national and local regulatory bodies to be set up with large home and office projects legally obliged to register.

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There is also an obligation for real estate brokers to sign up which has been another area of contention. In times gone by there has been nothing to stop developers using deposits and initial instalments from investors for purposes other than the specific property development projects. Some developers have overstretched themselves acquiring land which payday loans in mobile al has left them short of funds to finish some projects. When you bear in mind the current issues across the Indian real estate market, with in excess of 1 million apartments unfinished across the country s three major cities, this change in penalty payment interest short term loan software rates could have a material impact. In a further reflection of the draconian real estate regulatory system used in years gone by the idea that investors pay for communal areas in multiple apartment developments has been abolished. This will likely place more pressure on the finances of property developers across India but investors will only pay on the carpet area living space. It will be interesting to see how this move impacts the real estate market and indeed whether property developers look at alternative means of funding communal areas. Many investors in the Indian real estate market will have experienced the situation where funds have been taken for a payday loans milwaukee development only to find that property planning permission and government approvals were never forthcoming. The new regulations will insert a legally binding clause into each contract stipulating that projects can only be launched after regulatory clearance. This additional transparency and enhanced legal framework can only help to promote the Indian real estate market to both domestic and overseas investors.

The transparency was much needed for the healthy environment in the realty market. The Indian government has been very active in the field of real estate regulation over the last few weeks. The introduction of an array of new regulations was supposed to make the industry more transparent offering greater protection to investors.