Verify FEMA Rules for Dubai Property Purchase

03 May 2024 CW Team

Before investing in property in Dubai, it's crucial to verify compliance with Foreign Exchange Management Act (FEMA) regulations. This step ensures adherence to legal requirements and avoids potential complications during the property acquisition process.

Complying with FEMA regulations is essential for Indian investors seeking to purchase property in Dubai. Understanding and adhering to these regulations help safeguard against legal and financial risks associated with cross-border property transactions.

By conducting due diligence on FEMA regulations, investors can ensure a smooth and legally compliant property acquisition process in Dubai. This proactive approach minimises the likelihood of encountering regulatory hurdles or facing penalties for non-compliance.

Given the significance of FEMA regulations in cross-border property transactions, prospective buyers should seek expert guidance to navigate the legal complexities involved. Consulting with legal professionals well-versed in FEMA regulations can provide clarity and ensure compliance throughout the property acquisition process.

In summary, verifying FEMA regulations before buying property in Dubai is essential for Indian investors to facilitate a seamless and legally compliant transaction. By prioritising compliance with regulatory requirements, investors can mitigate risks and enjoy a hassle-free property acquisition experience in the emirate.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..