What Suggestion ?
That all properties must have a Digital ID
How do you say it is about to be implemented ?
Look up following news report :
Soon Unique Numbers for plots : Bhu-Aadhar … TOI ……… 24 July 2024
The Union Budget on Tuesday announced plans to assign unique identification numbers for all land parcels in rural areas, called “Bhu-Aadhaar”, and digitisation of urban land records by 2027.
While this move will facilitate credit flow and other agricultural services in rural areas, it will help curb frauds in land transactions in towns and cities, and improve property tax collection.
The FM said that in rural areas, land-related actions will include assigning Unique Land Parcel Identification Number (ULPIN) or Bhu-Aadhaar for all land parcels, digitisation of cadastral maps, survey of map sub-divisions as per current ownership, establishment of land registry, and linking to the farmers registry.
According to the plan, in urban areas, land records will be digitised with GIS mapping. “An IT-based system for property record administration, updating and tax administration will be established. These will also facilitate improving the financial position of urban local bodies,” the FM said.
The Economic Survey, which was presented in the Parliament on Monday, had called for faster on-boarding of digital land records for expeditious execution of infrastructure projects.
When did you suggest this ?
In my following e-mail to Cabinet Ministers :
Ø Aadhar : The Omnipresent ……………………….. 21 Nov 2017
Extract :
This is a “ Half Way House “ !
Why link Aadhar with only a “ Property Deal “ ? Why not link it with a given “ Property “ itself ? Permanently ?
That is linking Aadhar with the “ Postal Address “ of each and every “ Property “ in the country , so that we know WHO owns that property !
Of course , there are millions of “ properties “ which have NO POSTAL ADDRESSES !
Properties ( eg : land parcels / buildings ) located in deserts / jungles / valleys / on mountain tops or ( may be ) even in City Slums !
So , how can we link Aadhar with a property which does not even have a postal address ?
No problem !
www.What3Words.com , has divided entire surface of the Earth into 57 trillion squares of 3 meter by 3 meter each
And assigned to each square , a unique combination of 3 words ( currently from 40,000 English words ) – which determines its precise location on the surface of the Earth ( - replacement of Postal Address )
Of these 57 trillion squares ( of 3M * 3M ) , India’s share is 1368 Billion squares ( 2.4 % of entire Earth’s surface area )
So , there is no problem in linking Aadhar Number to ANY NUMBER of squares – whether adjacent / contiguous or separated
Now , the only problem is that millions of our citizens are not familiar with ENGLISH language words
So , I wrote to the support team of …..www.What3Words.com :
===================================================
It is time you come up with HINDI language version for India’s 1.3 Billion people , where millions live / sleep on footpaths ( sidewalks ) ================================================= And this is what they replied :
|
Ø #BenamiProperty #Bitcoin #BlackMoney … ………………………..22 Nov 2017
Extract :
How will my yesterday’s suggestion stop the use of Bitcoin in property deals ?
SIMPLE
· Each and every property in India will be assigned unique 3 word code using www.What3Words.com
· This 3 word code itself will be linked to the Aadhar Number of the Property Owner
· All bank accounts are , in any case , linked ( or will soon ) with Aadhar Numbers
· That means Bank Account ( through Aadhar ) get linked to each and every “ property “ – and therefore ,each and every “ Property Deal “ as well
· Amount for which a “ Property “ gets sold by the seller ( as recorded in the property deal ) will get credited into the “ Aadhar-linked “ bank account of the seller
· Amount for which the buyer bought that property gets debited from Aadhar-linked bank account of the buyer
· Since our banks do not accept deposits ( or initial creation of a bank account ) in Bitcoin , nor lend ( loans ) in Bitcoins , all payments made from and received in bank accounts , can only be in RUPEES
This would eliminate CASH or BITCOIN from property deals
With regards,
Hemen Parekh
www.My-Teacher.in / 25 July 2025
Related Readings :
DigiPin : an Indian Version of What3Words ? .. …………………..23 July 2024
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