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Harris19
Newbie
Joined: Feb 10, 2009
Posts: 1
Status: Offline
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 Posted:
Feb 10, 2009 - 03:00 PM |
 
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| Post subject: Both sectors offering equal benefits |
The pace of development of Kochi real estate is phenomenal and as an investor it is a very good option to explore this sector in the city of Kochi. The investment can be commercial or residential but there are some issues associated with commercial investments which are different from residential investments.
Commercial real estate law governs real estate property which includes immovable property like land, buildings and fixtures which are operated for profit. In short, commercial real estate includes any income generating property such as offices, shopping malls, restaurants, industrial parks, retail stores, and factories. Commercial real estate transactions are very profitable if carefully thought out. By and large commercial real estate investment can be very profitable; there is always an element of risk involved, such as non-payment of rent or depreciation of the value of the property. Transactions dealing with commercial property present different challenges from buying or selling residential property, especially because the parties involved do not adhere to standard form agreements. Agreements and their terms vary from transaction to transaction and may be different depending on whether they're drafted by the buyer or the seller in the deal. Whatever be the case, most sales involve many of the same issues. Buyers may need certain permits to develop the property so the agreement may be set up with a permit contingency for closing, which may be longer than the period for initial investigations. A seller will want to make sure that the buyer diligently pursues the approvals, so it's a good idea to put a schedule into the agreement to monitor the buyer's progress. With a simple transaction, negotiations of the deal may proceed faster and finalize within five or six weeks. But, a more complex deal could stretch for months. |
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Peace2009
PopStar
Joined: Nov 11, 2008
Posts: 1009
Status: Offline
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Feb 10, 2009 - 04:18 PM |
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| Transactions dealing with commercial property present different challenges from buying or selling residential property, especially because the parties involved do not adhere to standard form agreements. Agreements and their terms vary from transaction to transaction and may be different depending on whether they're drafted by the buyer or the seller in the deal. Whatever be the case, most sales involve many of the same issues. Buyers may need certain permits to develop the property so the agreement may be set up with a permit contingency for closing, which may be longer than the period for initial investigations. A seller will want to make sure that the buyer diligently pursues the approvals, so it's a good idea to put a schedule into the agreement to monitor the buyer's progress. With a simple transaction, negotiations of the deal may proceed faster and finalize within five or six weeks. But, a more complex deal could stretch for months. |
But the marketing for doing the real estate business in China in nowadays is much harder and much more difficult than the way of how we ran the real estate business in 1990 or 2005 in China, so right now, not many people they really are willing to borrow or to rent the money from banks for buying the property for themselves, cause the lending rate and the risks for returning the money to the banks are much more horrible than 3 year ago in China ( you have to proove and to show so many papers about how much you earn monthly and you also have to show yourself is single or not and so on before you apply for the money from those banking usurers.)
We also have too many properties that we have built for years in China, and we still have so less people that really can buy the properties convienently and powerfully in nowadays and this is hardly can be balanced for both investors and buyers for those properties growth of economics in here, so I don't think any properties it can be raised much higher in our next 3 years' period~~~ |
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