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prabodh kumar patel (advocate)     14 November 2008

Real Estate - relevant Acts & Rules.

What are the Acts & Rules in India, relating to Real Estate Business, to control the profit and guidelines for setting standard of construction process and quality materials?

Thanks



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 1 Replies

P.Elamaran (Law Officer in a CPSU)     15 November 2008

As far as my experience goes, I think the following list of laws that governs the real estate business across India:-



  1. Buildings and Other Constructions (Activities) Act,1996 and Rules thereon.

  2. Transfer of Property Act,1882

  3. Indian Contract Act,1872

  4. Specific Relief Act,1963

  5. Indian Registration Act,1908

  6. Urban Land (Ceiling and Regularisation) Act,1976

  7. Indian Stamp Act,1899  (and Various State Rules).

  8. Land Acquisition Act,1894

  9. Rent Control Act.

  10. There may be various other state laws pertaining to Real Estate

  11. Consumer Protection Act,1986

  12. Arbitration and Conciliation Act,1996

  13. Income Tax Act,1961

  14. Wealth Tax Act,1957

  15. Co-operative Societies Act,1912


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