E - PAPER
CURRENT MONTH
LAST MONTH
No proposal for mandatory Aadhaar linkage for property deals: Govt
There was no proposal to make Aadhaar linkage mandatory for property transactions, the Parliament was informed on Tuesday. In a written reply in the Lok Sabha, Union Minister of State (Independent Charge) for Housing and Urban Affairs
BY
Realty Plus
Published - Wednesday, 20 Dec, 2017
BY
Realty Plus
Published - Wednesday, 20 Dec, 2017
There was no proposal to make Aadhaar linkage mandatory for property transactions, the Parliament was informed on Tuesday. In a written reply in the Lok Sabha, Union Minister of State (Independent Charge) for Housing and Urban Affairs Hardeep Singh Puri, however, said the rural development ministry had advised the states and union territories to explore the possibilities of using consent-based Aadhaar authentication for registration of properties under the provisions of the Registration Act, 1908.
The comments assume significance in the backdrop of Puri reportedly stating last month that seeding Aadhaar to property transactions was a great idea and as the government was linking Aadhaar with bank accounts, it might take some additional steps for the property market also.
To a query on the issue, the minister said, "At present, there is no proposal to make Aadhaar linkage mandatory in property transactions."
RELATED STORY VIEW MORE
HOPE IN TIMES OF FEAR - REAL ESTATE FESTIVAL SEASON SALES
THE BUSINESS OF MARKETING WHAT’S NEXT?
INFLUENCES OF TECHNOLOGY ON ARCHITECTURE
NEWS LETTER
Subscribe for our news letter
E - PAPER
-
CURRENT MONTH
LAST MONTH
REALTY+ SPECIAL ISSUES
Test Magazine
THE TECH TITANS 2022
COFFEE TABLE BOOK 2022
Anniversary Issue 2022
Anniversary Issue 2020
VIDEO GALLERY VIEW MORE
