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They anticipate increase in real estate investment by grace period prior to the law that governs
Economía Y Negocios, El Mercurio | May 04, 2018 |

The real estate market is waiting for the imminent publication during April of the regulations of the Law on Contributions to Public Space, since with this milestone a countdown of 18 months begins, so that then begin to apply the new obligations related to mitigations of projects real estate.

The regulation was enacted in October 2016 and its implementation has been pending since then.

In the real estate industry foresee that during those 18 months (the Ministry of Housing and Urban Planning did not refer to the exact date of publication of the regulation) there will be an acceleration of investments, so that they do not face cost increases due to new demands.

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