THE STUDY ON IMPACT OF ADMINISTRATIVE FUNCTIONS TOWARDS PROTECTION OF REAL ESTATE BUYERS: A CASE ANALYSIS ON ILLEGAL ENCROACHMENTS AND CONSTRUCTIONS

Author Name: Leelesh Sundaram.B

Volume: 01 &  Issue:

Country: INDIA

DOI NO.: NA, DOI Link: http://doi-ds.org/doilink/08.2020-25662434/

Affiliation:

1. Saveetha School of Law, Saveetha Institute of Medical and Technical Sciences, (SIMATS) Saveetha University, Chennai 77, India
   E-mail:leelesh03@gmail.com

ABSTRACT

Real estate sector in India is been growing steadily. . In the current decade with the rise in the demand and buyers of real estate’s there is also the rise in the issues concerning real estate’s affecting the buyers. One such notable issue is the selling of illegal encroached lands and construction. Various studies have put forth that there has been an increase in illegal encroachment and construction of lands, in spite of passing the Real Estate Act as a step taken by the Legislature to protect the interest of buyers of real estates, there still is prevalence of this problem. As a result an ambiguity arises with respect to the impact of the administrative functions made by the Regulatory authority in India. Therefore this research is carried out with an aim to identify the impact of administrative of Real Estate Regulatory Authority towards protection of buyers from selling of illegal encroachment and construction. Through non probability convenience sampling of sample size 1542 and using statistical test of chi square it could be found out that The administrative functions carried out by the Real Estate Regulatory Authority has a negative impact which may be cured by adapting new administrative functions by the RERA.

Key words: real estate, administrative function, Real Estate Regulatory Authority, impact