Here’s a short list of common real estate abbreviations & terms in India (including the ones you mentioned):
- GAT – Government Authorized Transfer (land ownership record in Maharashtra)
- LC – Land Conversion (agricultural → non-agricultural use)
- FSI – Floor Space Index (ratio of built-up area to plot size)
- FAR – Floor Area Ratio (same as FSI, used interchangeably)
- RERA – Real Estate Regulatory Authority (regulation & compliance body)
- CC – Completion Certificate (issued after project completion)
- OC – Occupancy Certificate (legal approval for possession)
- MoU – Memorandum of Understanding (agreement between buyer & seller)
- PoA – Power of Attorney (authority to act on behalf of property owner)
- LOI – Letter of Intent (preliminary agreement before final deal)
- DP – Development Plan (city/town planning map)
- EC – Encumbrance Certificate (proof of clear title, no legal dues)
- Freehold – Ownership of land & property with full rights, transferable
- Leasehold – Ownership for fixed period (e.g., 99 years), reverts to lessor
- Land Parcel – Plot/tract of land available for sale or development
- Stamp Duty – Govt. tax paid on property transactions
- Circle Rate – Minimum property rate fixed by govt. for registration
