Know the Importance that Adhaar card holds for Property Registration!
Increasing number of
fraudulent transaction and investment worth crores in the real estate market
has alarmed and forced the government to mandate UIDAI for property
registration. Adhaar Card has become mandatory proof of identity from opening
an account in the bank to getting an LPG connection to getting a PAN Card.
UIDAI based authentication is made compulsory by the government for real estate
dealings to curb the use of black money in the property transaction.
All the buyers and sellers
involved in property dealing must have a valid Adhaar number for property
registration. This means any person who wants to present registration documents
to the state sub-registrar must have to undertake Adhaar registration. The
process involves a bio-metric technique where only after the provision of UID
and other bio-metric details the property is transferred to the buyer.
Benefits associated with Adhaar card for property registration:
• Adhaar brings ease of
transactions. It is easy to excerpt information during the process of property
registration when all sub-registrar services are linked to Adhaar servers. It
eases out the process of sale and purchase of the property, all real estate
dealings and fortifying home loans.
• Helps government agencies to keep a check on unlawful real estate dealings. Land transactions based on Adhaar card prevents duplicity and once the project implements across the country it establishes the identity of the buyer and seller.
• For the Government, Adhaar card is a source to weed out the transactions entered into by the foreigners or the NRIs. Covering not less than 97% it helps the Centre to track the individual who indulges into property purchase in India.
The compulsion of Adhaar for
real estate deals has led to transparency in land transactions and ironed out
discrepancies which in turn has increased the demands of abodes by aspiring
buyers. At this opportune moment, Godrej Properties a well-known and celebrated
real estate developers have pounced a majestically developed Godrej Air a
luxurious residential apartment in Gurgaon.
Being located at an
auspicious location, Godrej Air Gurgaon is sprawled in huge acres for you to
explore and enjoy the luxury living. The apartments
of Godrej Air are positioned at Sector 85 Gurgaon and are planned in
contemporary style keeping in mind convenience, utility and efficiency for the
residents. With world-class amenities, the project offers excellent
connectivity to the capital and NCR. Aspiring buyers in search of profitable
investment break, Godrej Air sector 85 Gurgaon is an ideal option as it aligns
with industry standards and with your desires too.
The experience of living inside Air Apartment is going
to be a unique one. The houses are enhanced with best of the breed amenities
that adds to the look and feel of each unit. The price of Godrej Air sector 85
Gurgaon varies but are affordable for people of different living and standards.
It is one of the finest projects to live in. So without a delay get indulge in
something fabulous like Godrej Air.
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