First-Ever Real Estate Summit Held In Jammu-Kashmir | Reporter Diary

The Centre and J&K government held the first ever 'Real Estate Summit 2021' in Jammu on Monday to encourage people from across India to invest in real estate and property in Jammu and Kashmir.

Before Jammu and Kashmir was stripped of its special status and statehood, outsiders, classified as non-permanent residents, were barred from buying immovable property in J&K, applying for government jobs and taking part in elections.

The summit was told that under the new J&K Development Act, the term 'being a permanent resident of the state' as a criteria has been omitted to pave the way for investors from outside to invest there.

Watch this report to know more:

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