The correct answer is It is no longer a fundamental right.. Explanation & Key Takeaways: • The Right to Property was initially a fundamental right under Article 31 of the Indian Constitution. • It was removed as a fundamental right by the 44th Constitutional Amendment Act, 1978 and is now a legal right under Article 300A. • Article 300A states that no person shall be deprived of his property except by authority of law. • This change was made to balance individual rights with the State's authority to implement social and economic reforms. • Hence, the Right to Property is no longer a fundamental right but a constitutional/legal right in India. Related Concepts: • 44th Constitutional Amendment Act: • This amendment was enacted in 1978 during the Janata Party government to revise the changes made during the Emergency period. • It abolished the Right to Property as a fundamental right and moved it to Part XII of the Constitution under Article 300A. • Distinction Between Fundamental Rights and Legal Rights: • Fundamental rights are enforceable by the courts, while legal rights are protected by ordinary laws of the land. • Violation of fundamental rights allows individuals to directly approach the Supreme Court, but legal rights are enforced through regular judicial processes. • Objective of the Change: • The removal of the Right to Property from fundamental rights ensured that the government could acquire land for public purposes without facing major legal hurdles. • This allowed the State to implement land reforms and promote social justice. • Current Status of the Right to Property: • It is now a constitutional right under Article 300A and provides protection against arbitrary deprivation of property by the State. • The State can acquire private property only by following due process and paying fair compensation.