The Shinigami Realm is where Shinigami live and dwell throughout their existence. It is connected to the Human World by a Portal through which Shinigami alone are able to travel.
Location
The world that Shinigami reside in exists in a plane above the Human World, inaccessible and unseen through conventional methods. Ryuk has to travel underground in order to reach the entrance to the realm of humans underneath. This is further shown when Ryuk is first seen in the Human World after leaving the Shinigami Realm, flying down from a higher altitude than skyscrapers.
Appearance and lifeforms
The realm is dark and appears lifeless. Very little vegetation is found in this barren land. Plants are never shown, though they do exist, as Ryuk brings an apple from the Shinigami Realm to the Human World, although it was shriveled and unlike apples found on Earth. Sentient beings other than the Shinigami do not appear to exist there.
The realm includes different landscapes and lacks modern infrastructure. Shinigami tend to congregate in areas with bone and stone structures. There are also many chains, surrounding both common areas and the Shinigami King's cave, where there are hundreds of chains with hooks on the end. There is at least one mountain with a cave structure where Ryuk resides in the Relight OVAs.
The realm is surrounded by deserts that have various strange objects. The spheres, which are shaped like concentric orbs, are littered about the surface. These artifacts have openings that let Shinigami see anywhere in the Human World from a birds-eye view and are what allow Shinigami to take human lives with their Death Notes without traveling to Earth.
Overview
Ryuk explains that there is not much to do in the Shinigami Realm. They are typically seen gambling with one another, watching the events occurring in the Human World through the spheres or terminating human lives with their Death Notes in order to prolong their own. They also pass time by eating, though they have no need to. This is a result of the realm having very little food and them evolving over time to not require such sustenance.[1] The lack of stimulating activity is Ryuk's primary reason for dropping Sidoh's Death Note into the Human World.