Online Property Registration In India

What is Property Registration?

So you've found the place you want to buy or found a buyer for your property, so you get an agreement prepared. There is no underestimating this document, given the large sums involved in property deals. This agreement will cover comprehensively the terms on which the sale will take place, the conditions, and the date on which the sale will be completed. But what next? Once this document is signed and executed, it needs to be stamped (and the duty needs to be paid). Together, this constitutes the property registration process.

Process for Online Land Registration

• Connect To Lawyers

  We will assign you expert lawyers who will estimate the value of the property and calculate the Stamp Duty. The lawyers will also make an appointment at the registrar’s office.

• Registration of Property

  At the appointed date, the lawyers will accompany you to complete the Registration of the Registration of the Sale Deed at Registrar/Sub Registrar’s office and also collect the registered documents from the Registrar’s office.

What Are the Property Registration Charges in India?

The property registration charges in India vary from state to state and depend on the property's market value. Here is a general overview of the property registration charges in India:

• Stamp duty: This is a tax levied on the property's market value and varies from state to state. The stamp duty can range from 4% to 10% of the property's market value.
• Registration fee: This fee is charged for the registration of the property and varies from state to state. The registration fee can range from 1% to 2% of the property's market value.
• Transfer duty: This is a tax levied on the transfer of property ownership and varies from state to state. The transfer duty can range from 1% to 2% of the property's market value.
• Legal fees: This is the fee charged by the lawyer for preparing and registering the property documents. The legal fees can vary from lawyer to lawyer.
• Miscellaneous expenses: This includes expenses such as notary fees, courier charges, and other expenses incurred during the property registration process.

Advantages of Online Property Registration

• Online property registration can be done from the comfort of your home or office without physically visiting the registrar's office
• Online registration eliminates the need for physical documentation and reduces the processing time
• Online property registration provides transparency in the registration process and reduces the chances of fraud or malpractices
• It is cost-effective as there are no additional fees for stamp paper, notary, and other related expenses
• This provides real-time updates on the status of your registration application.

Things to Check Before Registering a Property

• Make sure there are no ownership disputes and that the seller has a clear title to the property
• Obtain an encumbrance certificate for the property to look for any outstanding loans or mortgages
• Check to see if the seller has paid all of the property's outstanding taxes
• Verify that the property has gotten all required local authority approvals
• Before signing the selling agreement, be sure you have read it well and comprehend all of its contents.

How Can I Check My House Registration Status Online?

Here are the steps to check your house registration status online:

• Visit the official website of the concerned authority responsible for property registration in your state or city.
• Look for the option to check property or land registration status or search for property records on the website.
• Enter the necessary details such as the property location, survey number, property registration number, or applicant's name or reference number.
• Verify the details and submit the form. The website should display the status of your property registration application.

Amendments in Registration of Property Act

Tamil Nadu was one of the first Indian states to make significant amendments to the Registration Act to prevent fraudulent activities in the registration of property. The Act, particularly Section 77-A, grants quasi-judicial powers to the district registrar.

1. Any complaint regarding a fraudulent transaction will be considered, and a decision will be made after providing both parties with an opportunity to present their case
2. Previously, fake document detection required the inspector to submit documents to court, which caused delays in the action to cancel such documents.The inspector now has the power to cancel fraudulent documents directly, which streamlines the process.
3. Also, the advocates and writers preparing property registration documents in Tamil Nadu must now provide their photographs and sign the documents to prevent fraud.
4. Any person found submitting fake documents during property registration may face imprisonment of up to three years.
5. The state plans to set up a committee to investigate large-scale property registrations and curb fraudulent activities.

Why Is Property Registration Mandatory?

It is really necessary to complete the property registration without any delay. In case of any delay or failing to register the property may result in unwanted issues.

• Failing to register a property purchase agreement can be risky as unregistered documents cannot be admitted as evidence in court
• Property registration is essential to prove ownership and secure legal validity for the property
• Unregistered properties may lead to the risk of losing the property, even if the owner is in possession of it
• In case the government acquires an unregistered property for development, the owner may not be able to claim compensation typically offered to land/property owners.

Recent Updates

• Tamil Nadu Sees Hike in Revenue From Property Registration

  August- 04: Amid some lockdown, the revenue from property registration in July and June stood at ₹644 & ₹655 Crore respectively. In May it was ₹300 Crore and in April, it was just ₹30 Crore. There is some positive sentiment in the market but still, it is nowhere near last year's level.

• Property Registration Accelerated in Tamil Nadu

  May 29: The phased relaxation has brought forth a positive sentiment in the property sector. The increased land transactions lead to more number of Land Registrations. For the last 10 days, the average daily income from the property registration is ₹15 crore.

• 21st May: Registration (Amendment) Bill Likely to Make PAN or Aadhaar Mandatory for Property Registration Mandatory

  To check Benami property transactions, the government is likely to bring forth the Registration (Amendment) Bill in the next session of Parliament. Aadhar Card and Pan Card Verification is mandatory for property registration in India

• Property Registration in Haryana made Simpler

  17th July: The Government of Haryana is going to launch a system, under which sale deeds or properties will be registered in Haryana from anywhere in the state. There is no need to visit the concerned tehsil or district.

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