E-Property Pass Book (EPPB) – Is it Spam or Real ?

E – Property Pass Book, Real Estate Surgical Strike, How to register your property or properties in E – Property Pass Book?

Updated Date : 30/11/2016

 

 

A particular message on social media has gone viral regarding E-Property Pass Book (EPPB) .

 

This is the message being circulated : 

E-Property Pass Book (EPPB): From 1/4/2017 all properties are invalid for one year. You can’t sell or buy any property until u register your properties in the E-Property Pass book.

EPPB will be linked with PAN, Aadhar online. Owner has to personally report with ownership proof to Sub Registrar office where spl officers will enter all your property details in EPPB.

Once it is entered in EPPB your properties will become yours. They will have one more spl counter for emergency sellers, mortgagers, buyers where they can do exchange of properties but with full details of all properties.

Upto 31/3/2018 all properties will be entered in EPPB. From 1/4/2018 Govt will take over the properties not entered in EPPB . Real Estate Surgical Strike on Black Assets! Forwarded as received.

This means that all the property owners will have to get their property registered in E-Property Pass Book (EPPB). A team of special officers will be there to enter your property details in EPPB.  Once the verification is done, the property will be of the owner.

This means that all properties will be verified under EPPB. It can be considered as a good measure to bring down the black money. All the black land lords will have to surrender the land. This will help to control the prices of the land.

There will be separate provisions for those who want to sell their properties urgently.

There has been no authorized report as such now from the Government of India. This post will be updated once we receive any confirmation.

 

*Recent Update as of 30 / 11 / 2016

Venkaiah Naidu, Minister of Urban Development of India, rubbished this message terming it just a rumor.

Naidu said :

“I have no such information. It’s just a rumor.” 

Share your views in the comment section on what you think about E-Property Pass Book (EPPB)

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