registration charges

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 Sadly, the answer is an emphatic “no,” since the country is still working with its outdated laws be it on land ownership, urban land ceiling, stamp duty and registration or rental property.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.