Property Registration Process in India
Buying a property and building a house on it is a dream for every Indian. But after Buying the property there are many Processes to complete the Ownership. And you already know there are many frauds in India who will not reveal the actual process to own the right way.
28 Oct 2021
Read the full Blog so you would know how the Property Registration Process in India happens. You might be aware of the corruption surrounding the deals including creating fake documents, demand for half payment in cash, and also issues of disputed land sales.
In This blog, you’ll know how to proceed with the Registration Process and Mutation process to completely own the land and further you can build your dream house.
So, are ready to register your land, it is advisable to read till the end and also follow the steps and procedures
In this Part you have to seriously verify all of the titles of the property, For that follow these steps-
Know each part and follow the Procedure of Property Registration Process in India.
|States||Stamp Duty Rates|
|Bihar|| Male to Female - 5.7% |
Female to Male - 6.3%
Other cases - 6%
|Goa|| Upto Rs 50 lakh - 3.5% |
Rs 50 - Rs 75 lakh - 4%
Rs 75 - Rs 1 crore - 4.5%
Over Rs 1 crore - 5%
|Maharashtra||5% for male 4% for female|
It’s a legal document for the Property Registration Process in India that is used during a property transaction as evidence of sale and transfer of ownership of a property from a seller to the buyer.
Registration in the sub-registrar Office- and Check Online
1. Take appointment or Token No.
2. Present with the buyer, seller & 2 witnesses in person at the same time.
3. Execution of Deed in Writing -The draft should be in writing mentioning the entire property detail.
4. Document- carry aadhar card, ID proof, 3 Photos of each, and other compulsory docs.
5. Signature and Finger Print have taken in presence of sub-Registrar
6. All affix on the sale deed.
If the Property is Rural/ Outside Municipal Limits-The new owner gets the property recorded in his name in the Land Revenue Department. Mutation of property helps the government to levy property tax from the right owner.
If you're Beginner and want to know the all norms of Practical property Dealing- CLICK HERE!
And Especially This one is exclusively for you to Read- How to become a successful real estate agent in India-for beginners
Registration of property in India is mandatory as per the Indian provision Registration Act, 1908. The transfer of immovable property has to be registered to obtain the rights of the property on the execution date of the deed.
We are sure this blog has helped you register your own property with the above knowledge.