Modi Government to introduce the most historic law so far!
Saturday - October 26, 2019 4:21 pm ,
Category : WTN SPECIAL
PM Modi may decide to link property with Aadhaar
Soon Modi Government can take a big step' to protect your property
OCT 26 (WTN) - After Narendra Modi became the Prime Minister in 2014; there was talk that Modi Government is going to make a historical law related to immovable property. Prime Minister Modi, who is famous for taking bold decisions did not take any such as the decision in his first term. But Narendra Modi, who has taken big decisions like demonetization, GST, triple talaq and Article 370, is now going to take such a revolutionary decision in the matter of immovable property, which will end the problems, related to fraudulent and anonymous property.
Actually, the Modi Government is going to take a very big decision, under which a law is being prepared for property ownership. Under this new law, for the ownership of the property i.e. immovable property, it will be necessary to link it to the Aadhaar number. It is being said that this historic decision of the Modi Government will help in preventing fraud in the purchase of houses and land in the country and this will expose anonymous property.
According to the information received from the media, the Modi Government has prepared a draft on the law for property ownership. For this, an expert committee of five members has already been formed. In relation to this law, the committee will coordinate with the states, as property-related matters are under the jurisdiction of the states. It is being said that in case of property ownership, the Central Government will make a model law and give it to the states.
You must be wondering who will benefit from this new law which can be implemented by the Modi Government? So for your information, let us know that the person who will link his immovable property to the Aadhaar number, if someone takes possession of his property then it will be the responsibility of the government to get him released. Or if the government acquires someone's land, then the right person will be compensated as the property is linked to Aadhaar.
On the other hand, if any property is not linked to Aadhaar, then the government will not take any responsibility for it. By the way, for your information, let us know that linking the immovable property to the Aadhaar number will be optional. Those who want the government to protect their property and get its guarantee then such people will have to link their immovable property to the Aadhaar number. This popular law will be implemented in two ways. The first way would be to link it to Aadhaar while selling or transferring the property. At the same time, there will be another way that it will be implemented district-wise.
According to the information, for this process, the title will have to be generated on the basis of Khasra number in the Registrar's Office and it will have to be linked to the Aadhaar number. It is being said about this new law that the land record will be updated with its implementation. At the same time, after the new law is made, the entire record will be online, so that the property can be sold by sitting at home in a biometric manner. However, the property's registry will take a month's time.
It is being claimed that the property owner will benefit greatly by linking the property to the Aadhaar number. On one hand, it will provide protection from illegal occupation and even if it is captured, it will be the responsibility of the government to remove that possession, while the property owner will be able to get loans easily by linking the property with Aadhaar. On the other hand, due to the property being linked to the Aadhaar number, disputes related to the land will end.
If the Modi Government is introducing such a law, it will benefit the government the most. First of all, by linking the property with the Aadhaar number, it will be clear which land is owned by whom? At the same time, the property information will be transparent and real estate updates will be done on the landowner and property-related information. Since the property will be linked to the Aadhaar number, the claims related to the disputed land will be less. If the Modi Government is going to make a law to link the property with the Aadhaar number, then it can be called the biggest decision of the Modi Government so far.
OCT 26 (WTN) - After Narendra Modi became the Prime Minister in 2014; there was talk that Modi Government is going to make a historical law related to immovable property. Prime Minister Modi, who is famous for taking bold decisions did not take any such as the decision in his first term. But Narendra Modi, who has taken big decisions like demonetization, GST, triple talaq and Article 370, is now going to take such a revolutionary decision in the matter of immovable property, which will end the problems, related to fraudulent and anonymous property.
Actually, the Modi Government is going to take a very big decision, under which a law is being prepared for property ownership. Under this new law, for the ownership of the property i.e. immovable property, it will be necessary to link it to the Aadhaar number. It is being said that this historic decision of the Modi Government will help in preventing fraud in the purchase of houses and land in the country and this will expose anonymous property.
According to the information received from the media, the Modi Government has prepared a draft on the law for property ownership. For this, an expert committee of five members has already been formed. In relation to this law, the committee will coordinate with the states, as property-related matters are under the jurisdiction of the states. It is being said that in case of property ownership, the Central Government will make a model law and give it to the states.
You must be wondering who will benefit from this new law which can be implemented by the Modi Government? So for your information, let us know that the person who will link his immovable property to the Aadhaar number, if someone takes possession of his property then it will be the responsibility of the government to get him released. Or if the government acquires someone's land, then the right person will be compensated as the property is linked to Aadhaar.
On the other hand, if any property is not linked to Aadhaar, then the government will not take any responsibility for it. By the way, for your information, let us know that linking the immovable property to the Aadhaar number will be optional. Those who want the government to protect their property and get its guarantee then such people will have to link their immovable property to the Aadhaar number. This popular law will be implemented in two ways. The first way would be to link it to Aadhaar while selling or transferring the property. At the same time, there will be another way that it will be implemented district-wise.
According to the information, for this process, the title will have to be generated on the basis of Khasra number in the Registrar's Office and it will have to be linked to the Aadhaar number. It is being said about this new law that the land record will be updated with its implementation. At the same time, after the new law is made, the entire record will be online, so that the property can be sold by sitting at home in a biometric manner. However, the property's registry will take a month's time.
It is being claimed that the property owner will benefit greatly by linking the property to the Aadhaar number. On one hand, it will provide protection from illegal occupation and even if it is captured, it will be the responsibility of the government to remove that possession, while the property owner will be able to get loans easily by linking the property with Aadhaar. On the other hand, due to the property being linked to the Aadhaar number, disputes related to the land will end.
If the Modi Government is introducing such a law, it will benefit the government the most. First of all, by linking the property with the Aadhaar number, it will be clear which land is owned by whom? At the same time, the property information will be transparent and real estate updates will be done on the landowner and property-related information. Since the property will be linked to the Aadhaar number, the claims related to the disputed land will be less. If the Modi Government is going to make a law to link the property with the Aadhaar number, then it can be called the biggest decision of the Modi Government so far.
