Real Estate Pune
Aadhaar Mandatory for Property Deals in Maharashtra from Oct 1
2026-10-01 · GeoSquare News Scraper
In a significant move for Maharashtra's real estate sector, the state government has made Aadhaar mandatory for property transactions starting October 1. The decision aims to streamline the registration process and enhance transparency in property dealings.
What Does the New Rule Say?
According to the state registration department, all property buyers and sellers will need to furnish their Aadhaar details during registration. However, the department has clarified that the absence of an Aadhaar number will not stall genuine transactions. Buyers can provide alternative identification documents, subject to verification.
Impact on Pune Property Buyers
For Pune's homebuyers and investors, this means an additional step in the registration process. While the requirement adds a layer of documentation, the provision ensures that those without Aadhaar can still complete their transactions by submitting other valid proofs. This is expected to reduce delays and prevent genuine deals from being held up.
Real estate experts believe the move will help curb fraudulent transactions and improve data accuracy in property records. Buyers are advised to keep their Aadhaar details ready to avoid last-minute hassles during registration.