Real Estate Law in India: Legal Structures, Regulatory Mechanisms, and Contemporary Issues

Abstract

Real estate law in India regulates the ownership, transfer, development, and management of immovable property, playing a vital role in ensuring economic growth and social stability. With rapid urbanisation and increasing investment, the real estate sector has grown in both scale and complexity, necessitating a robust legal framework. This article examines the legal foundations of real estate, including property rights, classifications of land, and transaction processes. It also examines the regulatory impact of the Real Estate (Regulation and Development) Act, 2016, in enhancing transparency and safeguarding consumer interests. The article also explores legal challenges such as title disputes, regulatory inefficiencies, and compliance issues. By critically assessing the evolving legal landscape, the study highlights the need for strengthened governance, technological reforms, and efficient dispute resolution mechanisms in the real estate sector.