Key Highlights
- Chadha wants to toss out those dusty old record books in favor of a shiny new digital ledger-because who doesn’t love a good tech upgrade?
- With 66% of civil disputes tied up in a web of unclear ownership, let’s face it, we could use a little less chaos and a lot more clarity.
In a grand display of modernity that would make even the most seasoned tech enthusiast swoon, Raghav Chadha, your friendly neighborhood MP from Punjab, decided to propose a national blockchain registry for all land and property records in India. This revelation came during a Rajya Sabha session that was so riveting, it could have doubled as an insomnia cure.
Chadha passionately argued for a system that would make traditional middlemen as obsolete as floppy disks. He suggested starting with ten major cities because why not throw a party for just a few before inviting the whole country?
BREAKING: 🇮🇳 MP Raghav Chadha urges the government to put all land/property records of India on blockchain.
– Crypto India (@CryptooIndia) February 9, 2026
Securing middle-class wealth
Chadha cheerfully proclaimed that blockchain will keep all property transactions and inheritance records safe and sound-like a digital Fort Knox, but without the awkward guards and searchlights. This shiny new system promises to transform the time it takes to buy a home from months to mere minutes. Because who has time for lengthy paperwork when you could be binge-watching your favorite show instead?
During his impassioned speech, he lamented the chaos outside registrar offices, where people are apparently pushed around like they’re waiting for the last slice of pizza at a party. Middlemen have taken over, and it sounds like they’re having a grand old time!
Targeting criminal activities
Ah yes, Chadha also pointed out the delightful array of criminal activities flourishing in the shadows of our current system-property tax evasion and “black money” transactions, to name a few. Who knew real estate could be so thrilling?
Resolving land disputes
Let’s talk about the elephant in the room: land disputes. With 66% of India’s civil disputes revolving around this sticky issue, it’s like every family reunion, but with lawyers involved. Chadha noted that about 45% of properties lack clear titles. In other words, it’s a bit like trying to find your car keys in a dark room-everyone’s searching, but no one really knows what’s what.
The bureaucratic merry-go-round has India ranked 133 out of 190 for property registration efficiency. Sounds like a fun ride, right? And it only takes civil courts an average of seven years to resolve disputes. By that time, you might as well just start building a tent on your disputed land.
Future implications
If the government actually goes through with this blockchain proposal, we could be looking at a property sector that is so efficient, it might rival the speed of a pizza delivery. Chadha brought up Sweden, where you can buy property faster than you can finish a cup of coffee, and the UAE, where transactions take just 10 minutes. Meanwhile, back in India, we’re still trying to figure out if that land is actually ours.
Improving tax compliance
Imagine a world where property taxes are paid on time! The national blockchain registry could be just what we need to usher us into this blissful utopia-one where people trust Real Estate Investment Trusts (REITs) and aren’t afraid to borrow money at lower interest rates. What a time to be alive!
Blockchain as the ultimate solution
Chadha wrapped up his pitch by dubbing the blockchain registry the “ultimate solution” to the plethora of issues plaguing the Indian land records system. It’s like he found the magic potion in a fantasy novel, and now we’re all waiting to see if it actually works.
Of course, whether this visionary plan comes to fruition depends on the government’s willingness to invest in digital infrastructure and whether they can get their act together to gather all the property data. Fingers crossed, everyone!
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2026-02-09 19:48