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Even Indian government has shone a great interest for the development of real estate. Some the actions taken by the Indian government to promote real estate investments are as follow:

Indian Transfer Of Property Act

Indian Registration Act, 1908.

Indian Urban Land (Ceiling And Regulation) Act, 1976

Stamp Duty

Rent Control Acts

Property Tax

Foreign Exchange Regulation Act, 1973

Other than the government of india interest in the real estate investment, even the NRI's have also led for the development for the development of real estate. From time to time the investment of NRI's in real estate have raised which has made the builders improve their work and to build the NRI cities in many major cities like Noida, Bangalore, Mumbai, Pune, Kolkata etc.

An Indian Real Estate Investment Trust (REIT is being formed to promote the real estate and to manage the huge FDI's. The Indian realty market is flooded with Initial Public Offer (IPO) for more details visit:www.propertykhazana.com by various real estate and infrastructure development groups.