There will be 2 new Union Territories -
Ladakh (with no legislature)
Jammu & Kashmir (with legislature)
An independent UT status gives them the chance to showcase themselves as a tourism hub in the north.
1. Most importantly-Indians from rest of the country can buy property in J&K-meaning more integration with the country. No more them vs us.
2. Kashmiri women, marrying a non Kashmiri will have the right to inherit property in J&K.
(Along with an appreciation for better job opportunities than stone pelting)