Real Estate

 

In India both in the historical as well as the cultural context, the ownership of land and other forms of immovable property like house has been considered one of the biggest indicator and determinant of social status, respect, authority and power. Though as an economy, India has been slowly and gradually transforming itself from an agrarian economy to an industrial economy yet as a country India continues to be a nation where land is a very valuable resource and the power and authority that an individual wields in the social structure and hierarchy is still directly proportional to the amount of land an individual possesses. Also, in the recent times the Government of India has allowed 100 per cent Foreign Direct Investment in the construction business. This has created path for foreign investment to enter the business of development of commercial and residential real estate sectors. In light of the above facts the transactions related to land and other forms of immovable property has assumed high significance in the entire scheme of things. Hence, the demand for professionals to ensure smooth and seamless transfer of ownership of land and other forms of immovable has increased manifold.

In light of the abovementioned backdrop, Illuminati Consulting Services offers services related to real estate. Illuminati negotiates contracts, conducts surveys, property title searches and due diligence, prepares construction agreements, evaluates site conditions, procure permits and licenses from local authorities and government undertakings and addresses insurance claims. We also negotiate, implement and review investment agreements, land purchase agreements, lease deeds, license agreements, sale deeds, agreement to sell, and pre-emptive right agreements. We have expertise in drafting work orders, purchase orders, letters of intent related to construction. We also deal in necessary documentation for joint ventures, mergers and acquisitions, development of townships and establishing Special Economic Zones.