Niti Aayog: Formation of Draft Model Land Title Act, 2019
No Comments Sub Category:Property Tax,Realty News Posted On: Dec 02, 2019
The govt is making a draft model Land Title Act, 2019 which will pave the way for conclusive land titles as against assumptive ones at present. Apart from that, the govt is also working on a unified legal framework that will give for state-guaranteed land ownership.
As per the sources, the government is interested to start for conclusive land titling as it will encourage easy access of credit to farmers and lessen a large number of land-related lawsuits. Apart from that, it will enable transparent real estate transactions and land acquisition for infrastructure development. Fore detail reading, Click HERE
Tags:
