SITUATIONAL ANALYSIS OF REAL ESTATE SECTOR IN INDIA, 2017 IN REGARD WITH BENAMI PROHBTION ACT, 2016, DEMONITIZATION AND GOODS AND SERVICE TAX, 2017

Authors

  • Pratyush Rao 5TH Year B.Com LLB Student, Institute of Law, Nirma University, Ahmedabad Author
  • Anjana Kadiyaal 5th Year B.Com LLB Student, Institute of Law, Nirma University, Ahmedabad Author

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Abstract

The term ‘real estate’ is defined as land, including the air above it and the ground below it, and any buildings or structures on it. It is also referred to as realty. It covers residential housing, commercial offices, trading spaces such as theatres, hotels and restaurants, retail outlets, industrial buildings such as factories and government buildings. Real estate involves the purchase, sale, and development of land, residential and non-residential buildings. The main players in the real estate market are the landlords, developers, builders, real estate agents, tenants, buyers etc. The activities of the real estate sector encompass the housing and construction sectors also.”1 Real Estate is one of the most major sectors in the world and it lays down the foundation of growth and development in a country. While on one hand it is responsible for catering to the needs of individuals by providing infrastructure to various business and corporate giants; assuring adequate housing for the developing population and; by improving the quality of life by constructing various leisure centers.

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Published

30-12-2017

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Copyright © 2026 by Pratyush Rao, Anjana Kadiyaal

The copyright and license terms mentioned on this page take precedence over any other license terms mentioned on the article full text PDF or any other material associated with the article.

How to Cite

Rao , Pratyush, and Anjana Kadiyaal. “SITUATIONAL ANALYSIS OF REAL ESTATE SECTOR IN INDIA, 2017 IN REGARD WITH BENAMI PROHBTION ACT, 2016, DEMONITIZATION AND GOODS AND SERVICE TAX, 2017”. South Asian Law Review Journal, vol. 3, Dec. 2017, pp. 89-106, https://journal.thelawbrigade.com/salrj/article/view/1000.