Critical Analysis On Real Estate Regulation Act In India
By Pyda Srivatsa, Christ University.*
India has more than 3,287,263 KM of land area and has always developed real-estate post British period. India being the largest nation and the second largest country in the world there was not a need to enact a regulation in this area .before the passing of this regulation land was occupied and enjoyed by the people without any regulation nor there do any document to prove that they had ownership on the property they possessed. There was accumulation and concentration of land in few people who had the monopoly right to decide the sale and the purchase of the property.
* The author is a third-year student pursuing B.B.A. LL.B. (Hons.) from Christ University.