New Delhi: Seeking to ban benami transactions and the usage of black money in property deals, the government is considering to make Aadhaar-based authentication compulsory at the time of registration of documents which may include agreement for sale, power of attorney and will among others. The government has also firmed up plans to enable electronic registration of properties, for which Aadhaar-based authentication will be a prerequisite.
Sources revealed the government seeks to amend Sections 32 and 32A of the Registration Act, 1908, for this. “Every person presenting a document at the property registration office for registration, shall, whether executing or claiming under the same, undergo Aadhaar authentication,” said a source.
According to a report in "The Indian Express", while this is expected to ensure foolproof property titles for the buyers, it will also minimise the scope of fraudulent and benami transactions.
The department of land resources, under the Ministry of Rural Development, has already written to state governments and Union Territories, advising them to notify rules mandating “consent-based Aadhaar authentication” at the time of registration of documents.
The Centre is also planning to amend the Registration Act, 1908, to provide legal backing to Aadhaar-enabled authentication of documents. Sources said a draft of the amendments will be sent to the Union Cabinet for approval, and thereafter to Parliament.