Important to Link Aadhaar To Property Registration The announcement that all Indian properties would be linked to Aadhar by the government was a significant decision. This would allow for the creation of a central database that records ownership details for every property. This would allow for the identification of whether or not a property owner pays all taxes correctly and whether or not his/her income justifies owning a property. If the government doesn’t pay all taxes correctly, the government can confiscate the property and make it a benami asset. The entire process of linking all properties to Aadhar will be tedious and require the assistance of state governments. Making Aadhaar Mandatory The use of Aadhaar cards for property registration helps to reduce the black money involved in property transactions. Aadhaar serves as proof of identity for everything from opening a bank account to getting a PAN card to getting an LPG connection. Current plans include making transactions based on the Unique Identification Authority of India mandatory in real estate transactions. For property registration, all buyers and sellers must have valid Aadhaar numbers. The government plans to amend Section 32 and Section 32A of the Registration Act.
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