In India, All Properties to be Invalid for One Year Starting April 2017

True or fake?

Following the recent demonetization in India, a message regarding the introduction of EPPB (E-Property Pass Book) has gone viral on WhatsApp. More details below:

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!

Image by PDPics via pixabay.com

Reported By

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Reporting Organization/website

WhatsApp

Reported On

February, 2017

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