‘Aadhar’ linkage with Property is mandatory-PM Modi’s Big Step to Fight against Black Money in Real EstateDated on: Wednesday 22nd November 2017
After the big step of demonetisations, the PM Narender Modi’s next big step on Real Estate is to link “Aadhar” with properties because there is the heap of black money in immovable properties.
It is informed by the Union Cabinet Minister that ‘Aadhar Linkage’ with property transactions would be made mandatory.
Union Housing Minister Hardeep Puri Said, linking “Aadhar” with properties is such a great idea to draw up the black money from real estate and it would also help to crackdown the benami property, but yet now he is not going to make an advanced announcement on that because they take some additional steps towards it. According to Mr.Puri , transactions between two persons can’t be completely transparent but it could be monitored large value transactions such as property and air tickets.