UPOR Project to implement in Mangalore

02.04.10 Mangalore : The Urban Propety Ownership Record (UPOR) Project is a process of confirming the presumptive property title and providing a cobnclusive property title of all urban properties, said DC V Ponnuraj, explaining the necessity of implementation of the project to the media person at the pres meet held at DC Chamber on April 1, Thursday.

He also said that Under the project, the Department of Survey Settlement and Land Records will create property records by surveying all urban properties and verifying titles, and create an electronic repository for storage of property records. The project will be implemented in public-private partnership (PPP) model where the service provider invests major portion (up to 80%) and operates the project for a period of 6 years in a BOOT model (Build Own Operate and Transfer) after the due process of RFP, Thw Navayuga Spatial Technologieg Consortium is the successful bidder”, he said.

Property owners holding genuine titles to property will be assured of their ownership and prospective buyers will be assured of the genuineness of the property offered for sale. Banks will be sure of lending loan against property and urban local bodies will have a comprehensive database of all properties in their cities, which is likely to increase property tax collection.

Once the project is completed, UPOR certificate will be the only valid ownership certificate and the Stamps and Registration Department will register transactions of only those properties that exist in the UPOR system, he added.