Only the Best Real Estate Law Firms Can Inspire Confidence in Such High-Worth Transactions


Real estate is one of the fastest growing sectors in India, with assertions of it being on an upward trajectory after witnessing significant developments over the past one and a half years. The sector is set to reap the benefits of the reforms which began in May, 2016 with the notification of the Real Estate (Regulation and Development) Act, 2016 (RERA). RERA has since enhanced investor confidence, paving way for more structure and transparency in the sector. Further, the rolling out of the Goods and Service Tax (GST) has been claimed to bring more clarity in the process, by clubbing many different taxes into one. The combined effect of all these reforms has been an increase in real estate transactions involving buying, selling, leasing and financing of properties. However, the increase in these transactions has also led to an enhanced understanding of the risks involved while undertaking such arrangements. It is at this stage of identifying and minimizing the risks that a real estate law firm steps in.
The practice of real estate law involves diverse and complex set of activities including land acquisition and approvals, project development and redevelopment, private equity and investment in real estate, rest estate joint ventures, title search and due diligence, documentation and registration, mortgage, and mortgage loan auditing. The practitioners should be backed by experience in real estate law and its practices, in order to efficiently assist not just developer conglomerates and banks but also individuals. It is only such proficiency and adeptness that holds potential to inspire confidence in such high-worth transactions. 
Main Resource: www.indialawllp.tumblr.com/post/170565896219/only-the-best-real-estate-law-firms-can-inspire 

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  1. UnknownNovember 9, 2021 at 3:44 AM

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