2.1 Real estate market2.1.1 Basic terminologyAbsolute title: 1. the right of ownership of a mortgage deed, which gives the right, in certain specific circumstances, to demand full repayment of the remaining debt debt compared to the due date.2. A clause in a deed or contract that provides for the early termination of an attractive interest in land, under certain specified circumstances, thereby anticipating future interest. Alternative to lease/sale: a contract to make a lease (or sale ), which to be enforceable must be proven in writing and signed by the person against whom the action is brought for breach of the alleged contract and there must be a sufficient act of partial performance. Assignment: the transfer of a real estate right, in particular a lease, from one party to another. Building Regulations: Control by local authorities of building standards promulgated to regulate and control the use of properties and areas in cities and towns. Intermediary: A person or company who acts as an intermediary to bring two parties together in a transaction. Developer: An entrepreneur who has an interest in a property, initiates its development and ensures that this is achieved (for occupation, investment or trade) and from the outset accepts responsibility for provide or procure the funds necessary to finance the entire project. Development control: the power of a local authority to control the development and use of land, which includes the refusal or granting (with or without conditions) of building permit. Discounted cash flow analysis: is a technique used in investment and development evaluation whereby the future cash inflows and outflows associated with a particular project are expressed in present-from..... . middle of paper......S$1 billion from private equity funds in the year to March 2012. In a market as large as India, this is still far from impressive, but capital is expected incoming will increase in the following year. If so, it would represent a significant turnaround for a market that foreign private equity investors have largely avoided since the global financial crisis. However, the risks associated with Indian real estate investments are considerable. As one interviewee says: “It's like China, but more complex in every possible sense, without infrastructure.” Bureaucracy, ubiquitous delays, land acquisition scandals and an ongoing national protest movement against corruption have contributed to waning foreign interest in Indian markets, with foreign direct investment and portfolio investment falling sharply despite economic growth of about 8% in India. 2011.
tags