Real Estate Law: Need of The Hour
Keywords:
Real estate industry, RERA, Taxes, PlanningAbstract
The definition of real estate or real property is land and the buildings on it. Real estate law governs the purpose who may own and use the land.
This concept includes a wide range of different legal definition. Real estate may be either residential or commercial method of using land. It can be owned by one person, but used by another through rental arrangements. Land can be bought or sold, and due to its high value, there are many laws that ensure real estate transactions are properly performed and recorded. Various legislation provided by the state legislature and the Parliament.
Central and States governments have rules concerning the purposes for which land may be used -- for example, the owner of the land, claims, suits, etc.
References
1. What is real estate, (10:4014 Aug. 19), legalcareerpath.com
2. Real Estate Regulatory Authority
3. Adherence to sanctioned plans and project specifications by the promoter - The Real Estate (Regulation and Development) Act , 2016
4. Voidability of agreements without free consent.
5. Filing of complaints with the Authority or the adjudicating officer
6. Powers of Authority to call for information, conduct investigations
7. Sunil Dhavan, Builders rush for Occupancy Certificates to duck the new Real Estate Act,(10:58 AM14 -Aug-19), economictimes.indiatimes.com
8. Impact on the Indian Real Estate,(10:4014 Aug. 19), www.outlookindia.com
9. By Narendra Nathan, How much has RERA helped home buyers in last one year?,(10:4014 Aug. 19), economictimes.indiatimes.com
10. Real Estate (Regulation and Development) Act, 2016 Cite this Article Ashish Kumar Rai , Harsh Jadon . Real Estate Law: Need of The Hour . National 23–26p.
