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2 clusters · 6 sources · 21 days · First seen 26 days ago · Last updated 6 days ago

Maharashtra land management digitization efforts

Overview

The Maharashtra government has initiated several digital and legislative efforts to modernize land management and urban planning. The process began with the launch of E-TDR, a unified digital platform for Transfer of Development Rights transactions. This platform utilizes blockchain-based certificate issuance and AI-enabled predictive analytics to digitize rights trading for developers and property owners.

Building on these technological advancements, the state is developing the Maharashtra Digitization and Exchange of Land Token Asset (DELTA) Act. This proposed framework intends to use blockchain technology for the tokenization of land and immovable assets to improve transparency and liquidity. Furthermore, the government plans to introduce a Land Titling Act to provide definitive property ownership records, supported by the use of drones, rovers, and QR-coded property cards.

Entities

Maharashtra Government · Devendra Fadnavis · Brihanmumbai Municipal Corporation · SoftTech Engineers Limited · Maharashtra Urban Development Department

Timeline

6 days ago

[BUSINESS] 3 sources
Maharashtra to introduce blockchain land tokenization and land titling laws
Maharashtra is planning the DELTA Act for blockchain-based land tokenization and a Land Titling Act by December to provide definitive property ownership records and reduce disputes.
26 days ago

[TECHNOLOGY] 3 sources
Maharashtra launches India’s first E-TDR digital platform
Maharashtra has launched E-TDR, India’s first digital platform for Transfer of Development Rights, utilizing blockchain and AI to digitize urban planning transactions for over 18,000 developers.

Sources

businessnewsthisweek.com · deccanchronicle.com · expresscomputer.in · latestly.com · realtynmore.com · thebluegrassspecial.com