315. What are the implications of the right to property as a legal right

1. It can be regulated i.e., curtailed, abridged or modified without constitutional amendment by an ordinary law of the Parliament.
2. It protects private property against executive action but not against legislative action.
3. In case of violation, the aggrieved person cannot directly move the Supreme Court under Article 32 for its enforcement. He/she can move the High Court under Article 226.
4. No guaranteed right to compensation in case of acquisition or requisition of the private property by the state.