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REAL PROPERTY AND REITS
 

Majmudar & Partners advises on a wide range of transactions involving the ownership and development of land by local and overseas purchasers, including guiding clients through the regulations governing the acquisition and sale of property, and the remittance of sale proceeds out of India.

Foreign nationals and companies that do not have a corporate entity in India require clearance from the Reserve Bank of India before acquiring property in India, except where they wish to lease property for a term of five years or less.  Recent guidelines permit foreign companies to establish subsidiaries or joint ventures for construction-related projects.

Majmudar & Partners specializes in structuring foreign investment in the real estate sector in India, advice on minimizing stamp duty, etc. 

 
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