6.8M
RAIn Parliament, I explained why India must put land & property records on BLOCKCHAIN.
Land records in India are in utter chaos. Ordinary citizens are made to run from pillar to post at registrar offices, while dalals and middlemen capture the system. Circle rates are exploited to fuel cash deals, property tax leakages continue, fake documents and encroachments multiply, and disputes over title never end.
The numbers tell the story:
• 66% of all India’s civil disputes are land disputes.
• 45% of properties lack a clear title.
• 48% are already under dispute.
• India ranks 133 out of 190 in property registration efficiency.
• Even a simple property sale can take 2 to 6 months. When disputes arise, civil courts take 7 years on average to resolve them.
• And 6.2 crore property documents are still pending digitisation.
That is why I argued in Parliament for a National Blockchain Property Register. Time stamped, tamper proof, fully transparent. It can make title verification instant, and ensure every sale, mutation and inheritance is recorded cleanly and traceably in realtime.
Countries like Sweden, Georgia and the UAE have shown what is possible. Transactions can finish in minutes, and dispute rates fall sharply.
India must move from chaos to clarity. From a land record system that creates obstacles to one that prevents them.
@raghavchadha88
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