For Commercial Tenants, an Opportunistic Market to Reduce Medium Term Costs of Operating

For CFO's in this market, with lease terms come to an end in 2009, the market presents opportunities to leverage soft demand toward rent reductions, vendor cost reductions and an overall operational cost realignment for a 5 year period. Corporate Tenants have the ability to reconstruct operating costs for the medium term, locking down rates and corresponding vendor services agreements significantly affect medium term outlook per business unit. Contact analyst@remmaconsulting.com for our complete report and service proposal.

A Review of Residential Market Opportunities
As bank rates move toward single digit borrowing costs while prices see up to 30% reductions, two opportunities emerge in the residential markets: the flexibility to finance at lower monthly rates and the flexibility to find the right lifestyle choice while not facing buy side pressures. This scenario clearly opens up a market opportunity for buyers who seek the right long term choice, not being hastened by the market but same time able to push for suitable term and pull the trigger on a high quality residence that has withstood the onslaught of price volatility. Contact mumbai@remmaindia.com, bangalore@remmaconsulting.com or Chennai@remmaconsulting.com for residential listings and city updates.

Liquidity in the Markets a Significant Factor in Q3-Q4 Projections
On the macro level, we are seeing a flush of capital largely driven by US government policy, moving into US Markets, which may result in money multiplier fashion capacity to lend and lowering global cost of capital, while India still projects remarkable positive GDP growth from 2009-2010. There is a consensus that after the “safe haven” capital period is over and financial institutions begin to stabilize and reconstruct value, removing large unknown liabilities: once the cloud coverage clears, global capital will once again set its eyes on medium term returns and we will see the resulting investment re-invigorate demand. Moreover, with the possible introduction of vehicles such as REITs into the markets. Further company information and Reports available to REMMA clients. Please contact REMMA Publishing directly editor@remmaindia.com.

Updated Rules as Regards Foreign Purchasers of Indian Immovable Property
The acquisition of real estate by NRIs and Persons of Indian Origin (PIOs), including Overseas Citizens of India (OCIs) is governed by the Foreign Exchange and Management Act, 1999 (FEMA), and is dependant on the status of the foreign national including, but not limited to, the foreign national’s residential status. The term NRI refers to NRIs, PIOs and OCIs, in this article unless specified otherwise. It is important to note that Persons of Indian Origin who are citizens of some specific countries are not permitted to acquire or hold property in India. The acquisition of property by foreign nationals and entities is regulated by the RBI.
NRIs are permitted to acquire immovable properties in India other than agricultural or plantation properties and farmhouses, under the RBI’s general permission. There is neither a need to obtain prior permission nor a post purchase requirement to report such acquisition. Proposals by NRIs to acquire agricultural land, plantation property and/or farm houses in India require specific approval of the RBI and the proposals are considered in consultation with the Indian government.
To read the entire article by guest contributor Poorvi Chothani,

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