Real estate, construction and infrastructure sit at the centre of Bhutan's development agenda, including the major projects associated with Gelephu Mindfulness City. Land ownership rules and the structure of project agreements require careful navigation, particularly for foreign participants who cannot rely on assumptions carried over from other jurisdictions. Land dealings are governed by the Land Act and associated rules, and foreign investors generally access land on lease rather than freehold. The FDI Rules & Regulations 2025 now provide for leasing state land to qualifying FDI companies for an initial term of 30 years, with full foreign ownership available in certain infrastructure and services activities. Construction and infrastructure projects depend on robust engineering, procurement and construction contracts, financing and concession documentation, environmental clearances, and a clear allocation of risk between the parties.


Basnet Attorneys & Law advises on land lease and acquisition due diligence, sale and purchase agreements, construction and EPC contracts, project and concession structuring, and construction disputes including arbitration. We draw on energy, mining and infrastructure advisory and contract drafting and review capability, and we draft developer and buyer protective terms that are grounded in Bhutanese property law and tested project practice.