Digital land records to stimulate DBI: developers to win from faster acquisitions; Residential and commercial sectors that must benefit – Times of India

The national initiative for full digitization of land records by December will considerably improve foreign direct investments (BDI) in real estate, since land purchase remains the primary challenge for developers, according to specialists in industry.The acquisition of real estate for commercial spaces, including offices, logistics and data centers, will become more efficient, while the living sector will see improvements because clear ownership titles support Mid-Range and Premium developments in cities such as Gurgaon and Chennai.“These reforms are one of the most critical factors for unlocking large -scale foreign investments and guaranteeing sustainable growth in Indian real estate. Digitalized records make faster land acquisition possible for office complexes of Grade A, “said Anshuman Magazine, chairman and CEO, India, Middle East and Africa, CBRE, as quoted by Economic Times.” Digitization of land records is no longer optional it is a necessity. Some states have made progress, although the extent varies, but the larger point is that India has no other choice than to digitize land where possible, “it added.The current statistics of the Land Resources department give 372.12 million (99.8%) of the available land records digitized. In addition, 97.3% of the cadastral maps have been converted into digital format. In addition, 89.7% of the income courts and all national sub -regrar offices are now automated.“The biggest challenge that land -intensive sectors such as storage, township projects and data centers have is land acquisition. In most cases, except in the rare couple where the government or authorities are selling or leasing the country, land titles are disputed, ownership is incorrectly recorded or is a mutation, which means that the acquisition process is expensive, time -consuming and open to lawsuits, “said Gagan Vergev, Executive Director, India Sothebies International.Digital records provide clarity with regard to properties titles. “Digitalized records will not only improve land transactions, but also the trust of investors. Larger transparency and the convenience of verification will reduce disputes, create the completion of the project accelerating and a more favorable environment for both domestic and foreign investments,” said Pradeeep Aggarwal, founder and chairman of the founder and chairman of the founder and chairman of the founder and chairman of the founder and chairman of the founder and chairman of the founder and chairman of the founder and chairman.According to Cushman & Wakefield, the institutional investments in the Indian real estate achieved RS 17,530 Crore ($ 2.05 billion) during the quarter of June, with a quarterly-on-quartal of 67%.The first half of 2025 saw institutional investments of $ 3.3 billion, compared to $ 7.1 billion before the entire 2024.“We expect that this step will significantly stimulate FDI’s inflow, because worldwide investors attach a high value to the clarity of the regulations and the convenience of transactions,” said Ashish Sharma, assistant -president of operations, Brahma Group.Foreign investors contributed 68% of the investments in the quarter of June, with domestic investors being 32% good.The housing sector led in April-June with 24%of the inflow, followed by the office (22%) and retail sectors (19%). Mumbai attracted 42% of the investments, with Kolkata and Delhi-NCR respectively received 19% and 16%. Alternative investment funds began to collect capital in 2024.Magazine, quoted by ET, stated that Digital Land Records will establish a transparent, safe system, minimizes fraud and brings India in accordance with international standards such as Singapore e-services or the Estonia e-country register.