Aadhaar To Be Mandatory For Property Sale

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Aadhaar will be made mandatory to buy and sell property in India. The new move will help reduce property disputes and litigation, a top government official said. Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India. 

"This is to reduce litigations and property disputes that is quite common. But the use of biometric will reduce such problems," Ajay Bhushan Pandey, CEO of the Unique Identification Authority of India (UIDAI) said.

Aadhaar To Be Mandatory For Property Sale

"We will soon make Aadhaar mandatory for sale and purchase of property... The thumb impression will curb fraud and litigation in real estate," Pandey added. His comments come at a time when there's much speculation about the government wanting to link land records with Aadhaar.

Over the past few months, the government has made Aadhaar compulsory for many things from getting LPG subsidies, ration to avail passport. As per the government directives, linking aadhaar with your mobile number is also mandatory now. Aadhaar has also been made mandatory for applying for PAN with effect from July 1.

Goodreturns.in 

Read more about: aadhaar, sale
Story first published: Wednesday, July 12, 2017, 11:55 [IST]
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