GRIP

Real Estate

Indian property is a city, then a statute

Residential, office, retail and industrial uses do not share a tenant. FEMA and the state RERA register do not share a job.

The Bandra-Worli Sea Link crossing the water toward Worli, with the city behind it

Real EstateIndia

Property note. What can be held, and in what kind of building. Cities are read on the country hub.

The longer country research is the India market hub.

What can be held depends on who the buyer is. An NRI or an OCI cardholder may acquire immovable property other than agricultural land, a farmhouse or plantation property, under FEMA 21(R), with funds through permitted banking channels. Stamp duty and the project register are state matters. The conditions are on the India real-estate page.

A flat in Mumbai, an office on Bengaluru’s ring road, a shed near a port and a store in a smaller city are different assets. City briefs keep them apart. No yield is stated on this page.

Across GRIP

Elsewhere in the research

The same place, on a related page.