All the Real Estate transactions and the
property disputes in India are governed by a wide spectrum of
immovable property laws, including Central Laws and State Laws
of India. These enactments play a major role in regulating the
property market in India. They ensure that the Real Estate market
is functioning as per the statutory framework of our country.
These enactments are made available in complete detail in
Bare
Acts.
They also help you to know about the rights, responsibilities and benefits that accrue to the parties in a property transaction. These legislations are amended from time to time in response to changing market scenario and changing situations of the populace.
- Central Laws: Laws in India, drafted by the Legislative Department of the Law Ministry, vested in Parliament of India and enacted by the Govt. of India. These include matters included in the Union List.
- State Laws: Laws in India drafted by the State Legislatures and enacted by the State Governments. These include matters included in State List - Stamp Duty, Rent Control Laws, rules for construction and floor-area-ratio (FAR) or floor-space-index (FSI) and formation of societies and condominiums.
The following list of Indian Bare Acts representing property laws in India is::
- Indian Contract Act, 1872
- Transfer of Property Act, 1882
- Registration Act, 1908
- Special Relief Act, 1963
- Urban Land (Ceiling and Regulation) Act (ULCRA), 1976
- Land Acquisition Act, 1894
- The Indian Evidence Act, 1872
The Ministry of Law and Justice has been endowed with the responsibility to streamline the processes and contingencies, if any, in the legal system. The Legislative Department of the Ministry drafts the legislations for the Parliament of India, while, the Department of Legal Affairs Department advise the government on legal matters and suggests reforms wherever and whenever required, through the Law Commission of India.

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