5 Impactful Ways That Digitisation of Land Records Will Boost Indian Real Estate Investments

The digitisation of land records using GIS technology is set to revolutionize India's real estate sector. This initiative aims to streamline land acquisition processes, reduce title risks, and attract significant investments from both domestic and international investors.

By providing unique identification numbers for rural land and enhancing transparency, this move will not only boost early-stage investments but also stabilize land prices.

As India experiences a resurgence in its property market, the digitisation of land records will play a crucial role in accelerating development and fostering growth.

Ghar lists 5 key aspects below:

Streamlining Land Acquisition:

The use of GIS technology will streamline land acquisition processes, reducing title risks and enhancing early-stage investments in residential projects.

Reducing Uncertainty:

Digitisation will provide unique identification numbers for rural land, lowering ownership uncertainties and boosting investor confidence.

Attracting Corporate Investment:

Improved transparency and reduced title risks will attract more corporates and funds, both domestic and offshore, to invest in real estate.

Enhancing Development Efficiency:

Digitised records will speed up due diligence, reducing the time required for land acquisition and accelerating project development.

Stabilising Land Prices:

Increased supply due to streamlined processes will help stabilise land prices, benefiting developers and investors.