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Budget 2024: Finance Minister Nirmala Sitharaman has announced a comprehensive overhaul of land administration and urban planning in Budget 2024. The reforms aim to streamline land usage and building bylaws, addressing both rural and urban areas to ensure more efficient land management.
Budget 2024: Unique Land Parcel Identification
To enhance land records and management, the Budget includes assigning a Unique Land Parcel Identification Number (ULPIN) to all lands in rural areas. This initiative is expected to improve transparency and reduce disputes related to land ownership.
Establishment of Land Registry
The introduction of a land registry system in rural areas is a major highlight of the Budget. This registry will facilitate better land record-keeping and administration, making it easier for landowners to manage their properties.
Impact on Urban and Rural Development
These reforms are designed to bring consistency in land management practices across the country. By modernizing land administration and establishing clear identification and registration systems, the government aims to support both urban and rural development effectively.
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