The role of Government in Real Estate sector is very vast, as it has been playing a proactive role in the Real Estate investments in India, as has encouraged capitalists to invest in the Real Estate sector of the country.
Central Government has made varied Legal Acts for the Real Estate Industry, viz. Property Act, Registration Act, Urban Land Act, Stamp Duty Act, Rent Control Act, Property Tax Act, Foreign Exchange Regulation Act, to name a few!
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