In India, there are several laws related to property that are applicable to owners, buyers, developers, and builders. Some of the major laws and recent changes related to property in India are:

1. The Transfer of Property Act, 1882: This act regulates the transfer of property in India. It applies to all forms of property, including land, buildings, and apartments. The act was amended in 2019 to simplify the process of property transactions and to enable the creation of a single-window clearance system for all real estate projects.

2. The Real Estate (Regulation and Development) Act, 2016 (RERA): This act was enacted to regulate the real estate sector and to protect the interests of buyers. It requires developers to register all real estate projects with a state-level regulator, and it mandates the use of standard agreements for property transactions. RERA was amended in 2020 to provide relief to developers from the impact of the COVID-19 pandemic.

3. The Registration Act, 1908: This law requires that all property transactions be registered with the relevant authority. It helps to prevent fraud and ensures that property transactions are legal and binding.

4. The Land Acquisition Act, 2013: This act governs the process of acquiring land for public purposes, such as building roads, airports, and other infrastructure projects. It provides for fair compensation to landowners and establishes a dispute resolution mechanism for cases where compensation cannot be agreed upon.

5. The Goods and Services Tax (GST): The GST was implemented in India in 2017, and it replaced all previous indirect taxes. The GST applies to the sale of properties, and it has made property transactions more transparent and less cumbersome.                                                Types of Agreements for Owners, Buyers, Developers, and Builders:

1. Sale Agreement: This agreement is entered into between the buyer and seller of the property. It outlines the terms and conditions of the sale, including the sale price, payment terms, and possession date.

2. Lease Agreement: This agreement is entered into between the landlord and tenant of the property. It outlines the terms and conditions of the lease, including the rent, security deposit, and duration of the lease.

3. Development Agreement: This agreement is entered into between the landowner and the developer. It outlines the terms and conditions of the development, including the construction timeline, project cost, and revenue sharing between the landowner and developer.

4. Power of Attorney: This agreement is entered into between the property owner and a third party. It authorizes the third party to act on behalf of the property owner in legal matters related to the property.

Types of Land:

1. Agricultural Land: This land is used for agricultural purposes, such as farming or animal husbandry.

2. Residential Land: This land is used for residential purposes, such as building homes or apartments.

3. Commercial Land: This land is used for commercial purposes, such as building offices, shops, or malls.

Calculation Factors:

The calculation of property prices in India depends on several factors, including:

1. Location: The location of the property is a key factor in determining its price. Properties located in prime locations, such as the city center or near major transport hubs, are generally more expensive than those in less desirable locations.

2. Size: The size of the property is also an important factor. Larger properties are generally more expensive than smaller ones.

3. Amenities:

1. Amenities:

   Amenities refer to the features and facilities that are available in and around the property. Some of the key amenities that can affect the price of a property in India include:

   1. Infrastructure: The availability of basic infrastructure such as roads, electricity, and water supply can affect the price of a property.

   2. Transportation: Properties that are located near major transport hubs such as airports, railway stations, and bus terminals are generally more expensive than those that are not.

   3. Schools and Hospitals: Properties that are located near good schools and hospitals are generally more expensive than those that are not.

   4. Parks and Open Spaces: Properties that are located near parks and open spaces are generally more expensive than those that are not.

   Conclusion:

   Property transactions in India are governed by a complex legal framework that is designed to protect the interests of property owners, buyers, developers, and builders. It is important for all parties involved in a property transaction to understand the relevant laws and regulations and to use the appropriate agreements. The calculation of property prices in India depends on several factors, including location, size, and amenities. As the real estate sector in India continues to evolve, it is important to stay up to date with the latest laws and regulations to ensure that property transactions are fair, transparent, and legally binding.