Real Estate Summit Held In J&K Amid Government Push To Open Up Land Sales
NDTV
Opposition parties have urged the government to focus on job creation rather than investment or selling land, given J&K is facing a massive unemployment crisis
The centre and the J&K administration held a real estate summit in Jammu (the first of its kind) to encourage people from across the country to buy land, or a second home, in Jammu and Kashmir.
Outsiders - those not classified as 'permanent residents' - had earlier been barred from purchasing or owning land but this was changed after the centre scrapped Article 370 in August 2019, thereby removing special status for J&K.
Local protesters and regional political parties have accused the centre of "putting J&K up for sale".
Organised jointly by the Union Ministry for Housing and Urban Affairs and the J&K administration, the Jammu and Kashmir Real Estate Summit (2021) was held today. Officials said 39 MoUs, or Memorandum of Understandings, were signed; 19 dealt with construction of residential homes.
