real estate

 The real estate sector in India is fast emerging as an attractive investment destination, for NRIs. The highly unorganized real estate sector in India is undergoing self-organization because India has huge market potential in real estate, today. Therefore, it is important to be aware of Indian law and popular questions that NRIs tend to ask before they make real estate investments in India. 

Everywhere you go in Indian cities, you will notice that there are shopping malls, retailers and properties for commercial as well as residential use on display. Clearly, the Indian real estate market is expected to register a tremendous growth in the next twenty years, given the thriving outsourcing business and the growth in organized retail sector. The big question, however, is whether the Indian real estate laws are potent enough to meet the requirements of the changing times. Will they steer the real estate business towards actualizing its potential? Sadly, the answer is an emphatic “no,” since the country is still working with its outdated laws be it on land ownership, urban land ceiling, stamp duty and registration or rental property. So, what exactly are the problems plaguing our laws and what are their solutions? Let us find out.