Skip to main content

Aadhaar-like numbers for all properties in Delhi soon

By
All the properties in Delhi might soon have their own Aadhaar-like number.
The Delhi government, in collaboration with the three municipal corporations of the city, may soon start assigning 12 digit unique identification numbers to all the properties in the national capital.
Officials said that apart from ownership details and usage data, the properties will be attached through a Global Positioning System.
The move will help cut down on emergency response time and help in disaster management in times of natural calamities.
“Currently there is no data to help analyse the collective number of properties in the city because of which there is lack of property/housing-specific development schemes. This problem will be resolved if the unique identification number project is started,” said a municipal official.
The official said the data will help in planning public infrastructure, titling of urban property and during census.
“It will help us analyse the population spread as per the number of properties and tell us what public amenities are needed. It would help keep a check on rampant illegal constructions,” said a municipal official.
A senior official of the Delhi gover nment said they had sought suggestions from its revenue department and the municipal corporations.
The corporations will be asked to allot identification numbers in authorised colonies and the Delhi government’s urban shelter improvement board will be responsible for numbering unauthorised areas.
There are approximately 50 lakh properties in the national capital, of which only 15 lakh pay property taxes. The corporations believe that the move will help bring more properties under the tax net.
“The properties will be linked to GPS to cut down on response time during emergency. The numbering will help stop duplication of records due to similar names of places in different areas,” said a government official.
Hindustan times New Delhi,4th May 2016

Comments

Post a Comment

Popular posts from this blog

Credit card spending growth declines on RBI gaze, stress build-up

By
  Credit card spends have further slowed down to 16.6 per cent in the current financial year (FY25), following the Reserve Bank of India’s tightening of unsecured lending norms and rising delinquencies, and increased stress in the portfolio.Typically, during the festival season (September–December), credit card spends peak as several credit card-issuing banks offer discounts and cashbacks on e-commerce and other platforms. This is a reversal of trend in the past three financial years stretching to FY21 due to RBI’s restrictions.In the previous financial year (FY24), credit card spends rose by 27.8 per cent, but were low compared to FY23 which surged by 47.5 per cent. In FY22, the spending increased 54.1 per cent, according to data compiled by Macquarie Research.ICICI Bank recorded 4.4 per cent gross credit losses in its FY24 credit card portfolio as against 3.2 per cent year-on-year. SBI Cards’ credit losses in the segment stood at 7.4 per cent in FY24 and 6.2 per cent in FY23, the...
Post a Comment
Read more

Brigade Hotel Ventures files draft papers with Sebi for Rs 900 crore IPO

By
  Brigade Hotel Ventures Ltd, owner and developer of hotels in South India, has filed draft papers with capital markets regulator Sebi to raise Rs 900 crore through an initial public offering (IPO).The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP).Proceeds from the issue to the tune of Rs 481 crore will go towards payment of debt, Rs 412 crore will be allocated to the company and Rs 69 crore to its material subsidiary, SRP Prosperita Hotel Ventures Ltd.Additionally, Rs 107.52 crore will be used to purchase an undivided share of land from the Promoter, BEL, and the remaining funds will support acquisitions, other strategic initiatives, and general corporate purposes.The company may raise up to Rs 180 crore through a Pre-IPO Placement.   If the placement is undertaken, the issue size will be reduced.Brigade Hotel Ventures Ltd is a wholly-owned subsidiary of Brigade Enterprises ...
Post a Comment
Read more

Govt invites applications for RBI deputy governor's post, last date Nov 30

By
  The government has invited applications for the post of deputy governor of Reserve Bank of India from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025.One of the deputy governors, Michael Patra’s current term will end on January 15.According to an advertisement, candidates should have at least 25 years of work experience in Public Administration, including experience at the level of secretary or equivalent in the Government of India, or persons who have at least 25 years of work experience in an Indian or International Public Financial Institutions; or persons of exceptional merit and track record at the national or international level in the relevant field.The last date of submission of the application is November 30, 2024.   It has been clarified that the Financial Sector Regulatory Appointments Search Committee (FSRASC) – a body which will select the candidates- is free to identify and recommend any other person a...
Post a Comment
Read more