PAN Card Mandatory for Property Registration in India-Nepal Border Districts

• Uttar Pradesh government mandates PAN card for property registration in districts bordering Nepal.
• Form-60 facility for property registration has been abolished; PAN verification is now compulsory for buyer and seller.
• New rule aims to curb illegal money investment, benami property purchases, and suspicious transactions.
• Effective in Gorakhpur, Maharajganh, Siddharthnagar, Balrampur, Shravasti, Bahraich, and Lakhimpur Kheri.
• Ensures property transaction data is accessible to Income Tax Department and other investigative agencies.