Real Estate
Indian real estate sector is directly linked to the country’s economic performance and has been growing sturdy in view of the strong economic growth. The key factors that support the real estate sector is urbanization, growing number of young population and nuclear families, rise in income levels, etc.
The market consists of residential properties including affordable residences, mid-income houses, and luxury houses, and the commercial properties such as office spaces, retail and industries.
India has witnessed several large companies foraying Indian real estate sector in the past decade.
Indian real estate transactions are governed by central statutes, local and municipal laws of each state, foreign exchange laws and various regulatory requirements. Indian government permits foreign investment in the real estate sector subject to certain restrictions and compliances.
There are many challenges in the real estate business owing to various factors including India’s archaic laws, complex regulatory processes which results in delays, issues relating to land title, funding related issues, manpower shortage as the sector requires manual labour, etc.
ANA Law Group has an established and leading real property practice that represents top national and international banks, companies, financial institutions and high net worth individuals. Our lawyers have the expertise and updated knowledge of the laws, regulatory requirements and challenges, and the industry practices. Therefore, we are able to provide most practical and solution-oriented advice to our clients.
The work comprises real estate purchase transactions, leasing, regulatory and compliance issues, environmental law advice, and title verification in any part of India. In addition, ANA assists the clients in real estate financing deals and structured finance.