Overview :
Real Estate is also a branch of Law relating to the construction of small housing blocks, construction of big scale apartments, industrial parks etc. Huge infrastructure development is going on in India. So, this branch has been developed as an important subject in the Legal Field and the Government has also focused in this subject by enacting new laws. Now, Real Estate Regulation Act (RERA) has been enacted for the purpose of ensuring proper construction of apartments and multi-storied complexes. Though this branch relates to property law, it extends to so many areas and widens the scope. Real Estate is one of the primary investment areas and so much of investment made in Lands and Properties. So, this field catches the attention. It is one of the growing fields of law.
Important Judgments on Real Estate Law
Real Estate
Neelkamal Realtors Suburban Pvt. Ltd. and anr. Vs. Union of India and ors -(2018) 1 AIR Bom R 558
The provisions of RERA are prospective in nature. The penalty under Sections 18, 38, 59, 60, 61, 63 and 64 is to be levied on account of contravention of provisions of RERA , prospectively and not retrospectively. These provisions, therefore, cannot be said to be violative of Articles 14, 19(1)(g), 20(1) and 300-A of the Constitution of India.
