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The Emerging Rural Economy paving the way for Real Estate Sectors

The Emerging Rural Economy paving the way for Real Estate Sectors

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On April 24, 2020, through video conferencing, our country's Prime minister  Narendra Modi launched two new web portals E-Gram Swaraj & Swamitva Yojana for the upliftment of the Indian Villages. On the occasion of Panchayat Raj day and he also addressed with many Gram Panchayats across India.

Ownership Scheme to Boost Rural Economy

There is miracle speedy boost appreciation of the land value of farmhouse, agriculture plot, or urban agricultural land due to the new scheme Swamitva Yojana. This is the welcome note for real Estate Sectors which is the backbone of the Indian Economy.

What is e-Gram Swaraj App?

Through E-Gram Swaraj app all the work under rural infrastructure works is monitored as well as its strengthen e-governance Panchayati Raj Institutions (PRIs) across the country. This web portal can be accessed at egramswaraj.gov.in you can use it as a mobile app too. This web portal acts as a single platform that lists the panchayat wise work details and records all works of every panchayat under the Gram Panchayat Development Plan (GPDP). With the help of this act, the implementation of the implementation is more fasten up. Starting from planning to its completion, this provides the information to the Gram Panchayats. This provides better transparency in decentralized planning, progress reporting, and work-based accounting. The biggest advantage of this app i.e: each and every person in the Gram Panchayats will come to know about the ongoing project development works and the fund allocated. Any citizen /individual can register themselves at this portal and can know about the works being carried on in their villages/rural areas.

What is Swamtiva Yojana?

The Emerging Rural Economy paving the way for Real Estate Sectors!

The word ‘Swamitva’, which means ‘Ownership’, to the people through the identification of land/property rights. This app is launched in almost 6 states. Perhaps it will be soon come to many more cities/ states as much as more advent will cover. Swamitva Yojana provides a mapping of rural housing and land holdings via technology including drones. This scheme is to provide an integrated property validation solution to the rural areas of the country. Title deeds are issued based on mapping and help in settling property disputed in rural India. This would also help leverage the people of rural India to leverage property for institutional credit and other benefits. Howsoever this technique helps in freeing the residential properties from disputes on the land of titles results in appreciation in the market value of the properties.

Just because of the pandemic in the world i.e: COVID  -19 made the drastic change in manufacturing and industrial sectors, companies who have invested in a country like China are planning to shift to India where the labour is cheaper than many countries.

This paves the way for Manufacturing and Industrial Real Estate sectors to boom. Especially industrial land in India where it can be utilized for setting up of new Industries. As the scheme is initially launched in Northern states, rural agricultural land for sale, Agri land for lease, and farmlands for sale would be in high demand in the coming days. Click here to invest your hard-earned money in the cheapest agricultural lands in Gurgaon. As a trusted property dealer in India, we don’t disappoint you!

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