PROPGUIDE − A Complete Property Guide
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Real Estate Glossary

i

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Immovable Property

Includes land, buildings or any other entity attached to the earth or permanently fastened to anything which is attached to the earth.

Indenture

A deed including two or more parties, each party having their own copy.

Indian Stamp Act 1899

The act that regulates payment of stamp duty to the local government for real estate transactions.

Institutional Investors

These are organisations which pool money to invest in real estate properties and other investment assets

Inventory

The total amount of rentable square feet of existing and any forthcoming space (whether it be a tenant vacating space or new buildings coming on the market), in a given category, for example, all warehouse space in a specified submarket.

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