Raw Land
- Land in its natural state which needs enhancement
Real Assets
- Tangible Assets owned by an individual or a business
Real Estate
- Business pertaining to the sale/rent/lease of land/property
Registration
- Official documentation of the property related transaction like sale or purchase recognized by the State
Refinance
- The process of settling a previously availed home loan by the amount received from a second home loan
Reserve Price
- The minimum acceptable price for a property in auction
Rental
- Using a property for a agreed duration of time by paying a fixed amount to the owner on a monthly basis
Rental Building
- Building in which all the flats are given out on rent
Rent Control
- A regulatory clause used to keep a check a rental properties and its tenancy
Reserve Fund
- A contingency fund used to tackle future unexpected expenditures
Ridge Beam
- Highest framing structure which forms the summit of the roof
Room
- A space within the flat which is used to describe its total area
RK
- A flat with 1 Room a Kitchen