Medi Assist Healthcare IPO

Home Property

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Property

FERA

Welcome to our lesson on the Foreign Exchange Regulation Act (FERA) of 1973. This act was put in place to regulate various financial transactions related to foreign exchange, securities, and the import/export of currency. It also addresses the acquisition of immovable property by foreigners. It is important to note that under Section 31 (1) of FERA, foreign corporations that are not incorporated in India must obtain permission from the Reserve Bank of India (RBI) before acquiring, holding, transferring, or disposing of any immovable property in India, except for a lease of up to five years.

Escalation clause

A key aspect of lease agreements is the inclusion of built-in renewals. This entails a predetermined increase in the base rent at each renewal of the lease. Typically, this ...

More

HVAC

When discussing the infrastructure of a building, one term that often arises is HVAC, which stands for heating, ventilation, and air conditioning. This system is responsible...

More

Bare shell

A bare shell refers to the state of a property after construction has been completed, and basic building services have been installed. This includes flooring options such as...

More

Open market value

In the realm of finance, we often come across the term 'best price'. This refers to the highest amount that can be obtained for a property when it is sold under fair and unb...

More