An ethical study of Real Estate in India

Authors

  • Md. Thoufiq Student, School of Law, Christ University, Bangalore, Karnataka, India
  • Md. Irfan Student, School of Law, Christ University, Bangalore, Karnataka, India

Keywords:

Real estate, ethics, dilemma, statistics, social media, economy, linkages, RICS, valuation, challenges

Abstract

This study exclusively focuses on the little details of Ethics concerned to Real Estate and merely focuuses on the dilemmas faced by the realty agents in today's scenario. It also dicusses about the importance of real estate in India, followed by thorough data and statistical analyisis and conlcuded with a few suggestions. 

Author Biographies

  • Md. Thoufiq, Student, School of Law, Christ University, Bangalore, Karnataka, India

    Student, School of Law, Christ University, Bangalore, Karnataka, India

  • Md. Irfan, Student, School of Law, Christ University, Bangalore, Karnataka, India

    Student, School of Law, Christ University, Bangalore, Karnataka, India

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20. Symms, J. &. (2003). ANNEXURE Questionnaire Name * Your answer Email Your answer Which of the follo wing category do you fall under ? * • Real estate Consultant (1) • Real estate Broker (2) • Property Manager (3) • Other: (4) Do you think ethics play a major role in realty sector? * • No (2) Cite this Article Mohammed Thoufiq, Mohammed Irfan. 2020; 3(1): 31–60p. NJREL (2020) 31–60 © Law Journals 2020. All Rights Reserved Page 60 • Yes (1) • May be (3) If No, Why not ? Your answer Social media has an influence on the work patterns of Real estate. * Very Less 1 2 3 4 5 Very High Do you know how to report code violations ? * • Yes (1) • No (2) Do you provide clients with information on how to report violation s of the realtor code of ethics ? * • Yes (1) • No (2) • Sometimes (3) Do you provide clients with a copy of the realtor code of ethics? * • Yes (1) • No (2) • Maybe (3) Environmental issues play a major role in decision making of any process related to Real estate. • Strongly disagree (1) • Disagree (2) • Neutral (3) • Agree (4) • Strongly agree (5) Political influence has a huge role in decision making of any process related to Real estate. • Strongly disagree (1) • Disagree (2) • Neutral (3) • Agree (4) • Strongly agree (5) How do you rate the ethics o f real estate agents on general ? Very Less 1 2 3 4 5 Very High Rate the following aspects that play a major role when ethics has to be consi dered in Real estate management? (1—least, 5—most) * 1 2 3 4 5 Disclosure of information Anti-trust issues Confidentiality Discrimination

Published

2020-06-11

Issue

Section

Transfer of Property Act, 1882