Article 35A scrapped: Can outsiders now invest in J&K real estate?2 min read 05 Aug 2019, 02:41 PM IST
Article 35A gave J&K government the right to decide who qualifies as a permanent resident of the state
Only these individuals were allowed to acquire or own land, settle and seek government jobs in J&K region
The Narendra Modi government on Monday scrapped Article 370 and Article 35A of the Indian Constitution which gave “special status" to the state of Jammu and Kashmir (J&K). After the announcement, the state has now been bifurcated into two union territories. Now that Article 35A has been revoked (a law that debarred non-residents from buying properties), will it open doors for non-Kashmiris and outsiders to invest in immovable property within the union territory?