Guaranteed Land Titles is a new term for us and on research we found that it is an effort by a State to provide a state guarantee to urban property titles, albeit only implicitly.
As reported in Hindustan Times, it says that Karnataka will become the first state in the country to provide a state guarantee to urban property titles, albeit only implicitly, when Mysore district issues the first urban property cards later this month. They will be issued under the Urban Property Ownership Records (UPOR) project - which surveyed 275,000 properties in the Mysore urban area - that creates a record of the current owner of the property.The government hopes that following the cleaning up of property records, a safer and transparent market for property will emerge.
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