Buying a home is a big decision, but in India, it can feel like taking a chance. Unlike Dubai, where everything is clear and well-organized, India's property market still has many problems like confusion, unfair rules, and tricky practices.

A few years back, I experienced the struggles of real estate in India. That taught me how important it is to have better laws for fair and easy property transactions.

A Comparison of Property Markets: India vs. Dubai

Dubai’s real estate market shows how good rules and professional practices can make buying property simple and easy.

In Dubai, real estate companies make things easy for buyers. They have trained agents who help find the right property and take care of all the paperwork, making the whole process simple and stress-free.

Buying property in India is tricky due to the lack of proper rules. Unregistered brokers, overpriced homes, and false ads create more problems for buyers, adding stress and costs.

My Personal Experience with India’s Real Estate Challenges

A few years ago, I was looking for a new home in India. I asked a broker for help because he seemed trustworthy, but soon, I noticed problems in the process.

The homes he showed me were either too expensive or not like the ads said. It wasn’t clear or honest. Later, I found out the broker wasn’t even registered. He was just working on his own and raising prices to make extra money.

This made me feel frustrated and doubtful about the whole process. I started thinking: What would it take for India’s real estate to work as smoothly and honestly as Dubai’s?

The Importance of Legalization and Regulation

My experience showed me that India’s real estate market needs clear rules. Making the industry more official and organized could fix many problems.

1. Time Savings: With clear rules, buyers wouldn’t have to deal with slow delays from untrustworthy brokers or missing information.
2. Cost Efficiency: Removing unlicensed middlemen would lower prices, making buying property fairer and cheaper.
3. Improved Quality of Life: Clear rules would make buying property less stressful, so buyers could think about their future instead of worrying about scams or hidden costs.

What Regulation Could Achieve

A recent report highlights the good things that could happen with a well-regulated real estate market. The report says:

• Transaction costs could be lowered by up to 20%, saving buyers a lot of money.
• Buying property could take 30% less time, making the process faster and easier.

These numbers show how good rules can change the industry for the better, helping not just buyers, but also sellers, builders, and the economy.

Learning from Dubai’s Model

So, what can India learn from how Dubai handles real estate?

1. One-Stop Solutions: Central real estate companies can make buying easier by giving buyers access to registered agents, trusted listings, and clear prices.
2. Mandatory Licensing: In Dubai, all brokers and agents must be registered and licensed, which makes them responsible and professional. If India had a similar system, it could stop unregistered agents and scams.
3. Digital Infrastructure: Dubai uses smart digital apps to keep records, track deals, and give buyers updates right away. If India used these apps, it would reduce paperwork and make things work faster.

Reimagining India’s Real Estate Market

Think about how much easier buying property in India would be if the process was as clear and honest as in Dubai.

• Buyers wouldn’t have to worry about unregistered brokers or overpriced properties.
• Verified listings would make sure that properties look like the ads say.
• The process would be quicker, fairer, and easier for everyone.

This idea isn’t just a dream—it can happen with the right rules and systems. By making the real estate sector legal and organized, India can create big benefits for buyers, sellers, and the economy.

The Way Forward

The Indian government is making progress with rules like the Real Estate (Regulation and Development) Act (RERA), which helps make the real estate market clearer and more honest. But, there’s still a lot to do to make sure these rules work well in all states.

Buyers should stay informed and careful. Always use registered agents, check property details, and ask for clear information. For leaders in the industry, making changes and focusing on honesty will help build a better and more trustworthy real estate market.

The real estate market should be about trust, not luck. Honest practices can make buying property in India stress-free.

If you have had similar experiences or ideas to make the real estate market in India better, I’d love to hear from you. Let’s work together to make buying property easy and safe for everyone!