Legal Safeguards – Secrets Of Good India Property Management Revealed

Understanding your rights within the Indian legal system
When we think of letting our property, the first thing that occurs to us, What if the tenant does not vacate my property? In the past, this was a valid fear. The older law, The Bombay Rent of 1947 protected the tenant from eviction and rent increases. This led to landlords losing control of their property. Finally in 1999, the Maharashtra Rent Control act was passed this time to protect both parties involved.
Most people still cling to the old notions of the Indian legal system. Mr. Patel from Harrow who owns a flat in South Mumbai, put it best, I know that all tenants are not bad but what if I let my flat out to a tenant who then refuses to vacate. I have heard that filing a court case in India takes years. I dont want to spend 5 or 10 years paying legal fees and appearing in court. I want my flat available when I need it. It is true that a legal case can take longer than anyone would wish, but there are alternative solutions.
Good property management companies use leave and license agreements that cover the right of recovering possession under the relevant sections of both the Bombay Rent Act and the Maharashtra Rent Control Act. They also include clauses of arbitration in case of dispute. Ideally, Leave and License Agreements are valid for 11 month periods and are duly registered. Tenants details are also submitted to the local police station.
If the tenant does not vacate, good property management companies assist by issuing notices on behalf of the landlord. If that does not work, a police complaint needs to be filed. The police then assist in evicting the tenants. In majority of the cases, this is all that is necessary to reclaim the property. The last resort is to go to the small causes court armed with the registered agreement. Typically such cases are decided within 15 working days with all the right documentation.
The Indian real estate market and the Indian legal system are safe and fair for the majority of law abiding citizens. Good property management companies ensure that landlords are protected, making their property ownership a joyful experience.
Want to know more about the Indian real estate market? Unesta is a property services firm, with offices in London and Mumbai, offering letting, sales and property management services to NRIs owning property in India. www.unesta.com / +44 207 125 0425.

Is Forex Trading In India Breaking The Law

The nature of forex trading is such that it can be perceived as gambling and made illegal in some countries. We are fortunate that this is not the case in India and many people are quietly making 1000’s on a daily basis.

Although forex trading itself is not illegal in India it can be difficult to profit from the limited currency pairs that you are allowed to trade. The Rupee currency of India is highly protected by the Royal Bank of India and exchanging it for other currencies is highly restricted. They have been more lenient with these laws recently as to aid the economy by introducing the financial markets, but the rupee is not a volatile currency so it can be hard to profit.

The forex market does not change wherever you are in the world, it still has trillions of dollars traded on it every day and it is still possible to trade 24 hours a day 5 days a week. There is no reason why Indian residence cannot take a piece of this action and in fact many of them are. Many Indians are joining the global financial market every day.

The spread betting companies in India might well be limited to the trading pairs that they can offer but it does not mean that people in India cannot go elsewhere to trade forex. Using a managed forex account is becoming increasingly popular as a method for residence of India to benefit from the complete forex market.

There is nothing illegal about using a forex managed account and it is the simple task of opening an account and giving it to a professional to trade on for you. The benefits include staying within the law and being able to have a much more profitable account in your portfolio.

You do not need to get involved in the task of trading yourself you can leave that task to the professionals. Simply sign the necessary paper work to give the account manager the power to use your account and watch the profits roll in.

It is hard not to see the benefits of using a forex managed account; for one the combined experience of the traders means you are getting profitable trades and not just lucky wins. It is important to remember that although the forex market can be very lucrative it can have a steep learning curve for the inexperienced trader.

There is no need to worry about money in your trading account as it can only be withdrawn to the card from which it was first deposited. All you need to do is sit back and allow the account manager to do his job and of course withdraw the money now and again.

India will definitely have access to the full forex market in the future as it is impossible for them to stay out of this huge earning potential. Until that day comes about using a managed account is the best way to see success in the market place.

Take advantage of the professionalism that is on offer with a managed account and see your investments grow for very little effort.

Immigration Solutions Mara Registered Agent Mumbai India Australia Immigration Consultant Mumbai

IMMIGRATION SOLUTIONS is a specialized firm which provides high quality, legal immigration assistance Immigration Consultants Visa Consultants Australian migration agents in Mumbai to people seeking better lives and careers abroad. Since our inception in 2006, the emphasis has been on providing correct, ethical and highly customized services to every single client.
We are MARA Registered Agent Mumbai migration visa specialists. We can assist you with work permits, skilled migration, business migration and family based visas. We also help with extending your stay on your present visa, converting your visa to permanent residence and citizenship. Were legally qualified and also assist with appeals and reviews. Immigration Consultants in Mumbai, India provides Immigration Migration Visa Consultants assistance to people MARA Registered Agent in India
Our Sr. Consultant Mr. Amyn A. Patel is one of the few MARA Registered Migration Agents in India . His Migration Agents Registration Number (MARN) is 1170267.
In Australia it is illegal for anyone to provide immigration assistance or advice if they are not registered. A Registered Migration Agent (RMA) is someone who is registered with the Migration Agents Registration Authority (MARA). In order to be registered with the MARA a migration agent must meet several requirements. Some of these are:
Migration law qualifications to be able to interpret migration laws for clients – Mr. Patel has a Post Graduate qualification in Australian Migration Law and Practice
Maintain access to Australian Migration Laws and Policy We maintain access to a state of the art electronic legal resources to keep up with changing legislation
Meet character requirements The MARA undertakes a character check to ensure that the agent is a person of integrity and good character
Abide by MARAs code of conduct We act in accordance with the code of conduct and work in the best legal interests of every client. We are fair and honest in our dealings and protect the confidentiality of our clients. We also keep all advance fees paid by clients in a separate account.
Maintain Professional Indemnity Insurance
The Australian Immigration Department (DIAC) recommends that if you use the services of an immigration consultant or agent you should only choose a MARA Registered Agent in India. Clients of unregistered agents are at a high risk of being given misleading and incorrect advice. Engaging Immigration Solutions as your Australian migration agents in Mumbai & Pune gives you the assurance and peace of mind knowing that your visa application is being handled by qualified and experienced professionals. Why risk your application and career with unregistered agents knowing that you have a much better option?