Maharashtra to Draft Framework for Tokenising Land Assets

The state government has unveiled a proposal to create a framework that would allow land assets to be tokenised on a digital platform. Tokenisation would convert ownership rights into digital tokens, potentially making transfers faster and more transparent. The initiative is part of Maharashtra’s broader push to modernise land records and improve the efficiency of property transactions. While specific timelines and technical details have not yet been disclosed, officials say the framework will be designed to comply with existing land laws and data security standards. The move is expected to attract investment and reduce disputes over property ownership.