Why was the right of the property removed from fundamental rights?

Q. In which year was the Right to Property removed from the list of fundamental rights?

Q. Right to property was ommitted from the list of Fundamental Rights by the _____________.

Q. Which fundamental right was removed by the 44${}^{th}$ Constitutional Amendment?

Q. When in India, the right to acquire, hold and dispose of property as a fundamental right was eliminated?

Q. Consider the following statement about right to Property
1. 42nd amendment to the Constitution removed the right to property from the list of Fundamental Rights and converted it into a simple legal right.
2. Right to property is not a part of the basic structure of the Constitution.
Which of the above statement(s) is/are correct?