A Step-By-Step Guide for Property Registration in India
Documents Required
While getting your property registered, there are some documents that you need in hand for quick and easy registration. You will have to submit these documents with the Sub-Registrar of Assurances under whose jurisdiction your property falls. Here is a list of all the documents that you might require in order to get your property registered in India:
While getting your property registered, there are some documents that you need in hand for quick and easy registration. You will have to submit these documents with the Sub-Registrar of Assurances under whose jurisdiction your property falls. Here is a list of all the documents that you might require in order to get your property registered in India:
- Photo identity proof like the Voter’s ID card or Adhaar card of the property buyer, seller, and the two witnesses required for registration.
- Two photographs (passport size) of the property buyer, the earlier owner of the property, and the two accompanying witnesses required for registration.
- If the buyer is not an individual buyer but a company, the incorporation certificate of the buyer as well as the seller is required
- Latest and updated property register card of the property which clearly states that the property is not owned or managed by the government of the state or the nation.
- A duplicate of the municipal tax bill so that the year of property construction can be deduced
- A photocopy of the PAN cards of the buyer and the seller of the property
- In case either of the two parties is representing someone else, a power of authority needs to be submitted proving they have been given the power to take decisions
Process for Property Registration
The process of property registration in India might seem like a lengthy process but in reality, if done with full care, it can be completed within one day as well. Here is a step-by-step guide for property registration in India. Following this guide, one step at a time, can eliminate any chances of delays or issues.
- Get the value of your property estimated by a professional. You can also get this value by studying the property rates in your area and knowing the price of the latest few sales.
- Once you have got a specific sum in mind regarding your property, compare it with the price that you paid while buying it.
- The next step now is to buy non-judicial stamp papers for the property you intend to buy and the amount should be equal to the value you have reached post all calculations
- One can visit any advocate or licensed stamp vendor to buy the stamp papers. These can even be obtained online from the e-stamp vendors.
- Following this step is the purchase of the property deed.
- Once the deed is prepared, both the parties along with two witnesses have to visit the Sub Registrar’s office and get the deed registered by the authority. All the documents mentioned above should be carried while visiting the office to avoid any other obstructions or delays.
- The deed is submitted and after a few days (2-7 days) you are asked to revisit the Sub-Registrar’s office for collecting the sale deed.