1.1 Main Sources of Law
The legal system in India comprises of civil law, customary and personal law, and common law. Real estate transactions are subject to central and state legislation, personal/religious laws and judicial precedents. There is also subordinate legislation, including rules, regulations and by-laws made by local authorities such as municipal corporations, gram panchayats and other local administrative bodies. Laws relating to real estate in India can be categorised as follows:
Please click here to read the full Q&A session of Vivek K Chandy, Malini Raju, and Archana Tewary, published in Chambers and Partners.