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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.

Kiosk

Kiosks, often found in public areas or shopping centers, are compact retail spaces that typically do not have restroom access. These outlets are designed to cater to peak pe...

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Rent Act (s)

State governments in India have implemented laws that govern the rental market in order to prevent exploitation and stockpiling. These laws, while well-intentioned, have pre...

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Negotiation

A dialogue, either verbal or written, between multiple individuals with differing perspectives, with the goal of finding a mutual understanding. In finance, this often invol...

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Zone

Real estate is the industry that deals with land and buildings, and it encompasses a wide range of terms and concepts. One important concept in real estate is zoning, which ...

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