Food, Clothing and Shelter are the three basic necessities of life. This book deals with the aspect of Shelter.
The real estate sector assumes huge significance in India as it can be the single largest growth catalyst to propel India to the first world status; however the sector is mired with many layers of confusing laws, regulations and bureaucratic bottle necks.
In a developing nation like India where thousands of dwelling units are lying vacant on one hand and millions of people live in slums on the other the real estate sector is of paramount importance. Property prices are skyrocketing all over the country, more so in metros and beyond the reach of majority of the society.
Several laws have been enacted for the real estate sector to check rampant malpractices and provide relief to slum dwellers by rehabilitating them suitably. This is not only a duty of the modern welfare state but a political necessity as well. Providing affordable housing is high on the agenda of political parties, though very little gets done to ameliorate the poignant problem which has a human dimension.
This comprehensive publication titled Real Estate Laws deals with many important aspects of the real estate sector and the multiplicity of statutes such as Coastal Regulation Zone, Foreign Direct Investments, Leasing of Properties, Land Acquisition Act, Mill Lands, Slum Rehabilitation, Gift, etc. It aims at lifting many veils and demystifying various myths and notions.
The book has been written in a very lucid manner such that it will be helpful to everyone right from professionals (including architects and engineers) to builders, developers and the layman in general. The FAQ narrative style of the book is a boon for the time crunched but knowledge hungry readers of today.