Model Tenancy Law opens up for NRI real estate investors

09 Jun 2021 CW Team

The approval of the Model Tenancy Act by the central cabinet has been hailed as a landmark in the Indian real estate sector. In one of the most significant developments for residential real estate investors, no one will be allowed to enter into a rental situation without a written agreement, aimed at increasing the confidence of landlords to rent out their vacant properties.

This law will serve as a boost for NRI investments in real estate. It comes as a guarantee for NRI investors as tenants of their properties are bound by legal terms. Furthermore, the act defines the term within which rental disputes will be resolved.

The law also provides a digital platform where the tenancy agreements must be submitted to the rent authority in the future.

Digital infrastructure is more convenient and transparent for NRI landlords. With this law, there is now a clear demarcation of responsibilities between a tenant and landlord.

With the implementation of the Model Tenancy Act, prices of ready-to-move-in properties (RTMI ) are expected to increase.

NRIs have always shown a strong interest in investing in Indian real estate. It is the perfect time for NRIs to invest in Indian real estate for sustained rental income as the regulatory framework for rental homes has now been strengthened and more transparent.

Image Source

Also read: Model Tenancy Act approved: Here’s what the industry thinks

Also read: Approval of Model Tenancy Act allows to fill up 10 mn vacant homes

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..