Author: Sachin Gupta | Find me on Twitter Follow @sach_gupta
Have any Questions? Tweet to @sach_gupta
Buying or leasing a property requires that one has to go to through the process of registration at district’s Registrars/Sub-registrar’s office. Under Section 28 of the Registration Act, documents relating to immovable property should be registered in the office of Sub-Registrar of sub-district within which the entire or some portion of the property is situated. Under Section 30(1), a Registrar is empowered to accept a document which can be registered with the Sub-Registrar who is his subordinate.
Any property that is sold, bought or rented, under certain circumstances, requires to be registered inclusive of:
Buyer and seller of a property enter into a sale agreement. This sale agreement typically defines the guidelines and conditions that govern the sale of an immovable property. The sale agreement will also include the details of buyer and seller, property details, location, price, payment structure. Once the sale agreement has been created and signed by both the parties, then this agreement is registered with the registrar according to India’s registration act of 1908.
Once the sale agreement is registered with the registrar, the buyer will also have to pay the applicable stamp duty. Find more about stamp duty and registration charges in various states across India.
Here we present the step by step procedure for registration of property. The procedure remains same whether you buy the property from an individual or from a real estate developer.
Follow @sach_gupta
Any property that is sold, bought or rented, under certain circumstances, requires to be registered inclusive of:
- A valuable sale or purchase of immovable property.
- If a property is rented for a period of more than 11 months, then the agreement needs to be registered.
Buyer and seller of a property enter into a sale agreement. This sale agreement typically defines the guidelines and conditions that govern the sale of an immovable property. The sale agreement will also include the details of buyer and seller, property details, location, price, payment structure. Once the sale agreement has been created and signed by both the parties, then this agreement is registered with the registrar according to India’s registration act of 1908.
Once the sale agreement is registered with the registrar, the buyer will also have to pay the applicable stamp duty. Find more about stamp duty and registration charges in various states across India.
Here we present the step by step procedure for registration of property. The procedure remains same whether you buy the property from an individual or from a real estate developer.
Have any Questions? Tweet to @sach_gupta
Thanks for this satirical & true post about the typical process of India in Real Estate Sector....Residential Plots in South Banglore MGB IRR Enclave Plots For Sale in Electronic City
ReplyDeleteBook your apartments in Calicut with Leading builders in Kozhikode
ReplyDeleteBuy best flats and apartments in kochi
ReplyDeleteThis is an informative blog which has a detailed description of the the top builders in bhopal is among the 3 bhk flat in Ayodhya bypass road
ReplyDeletewho has the property in every direction of Bhopal Their rates are also than others and the quality is remarkable.
I am very thankful for the author who shared the informative blog. This helps the first home buyers in a better way to choose the appropriate location.
ReplyDeleteNew projects in Chennai
Apartments in Chennai
Budget flats in Chennai
Studio apartments in Chennai
Premium apartments in Chennai
Luxury homes in Chennai
Wonderful Approach for prime properties in Siliguri visit Haardit Developers
ReplyDeleteThanks for taking the time to discuss and share this with us, I for one feel strongly about it and really enjoyed learning more about this topic. Please share some more useful info on Best schools in Dubaialso. I can see that you possess a degree of expertise on this subject.
ReplyDeleteThanks for sharing the information BIM Consulting in India
ReplyDeleteHey Nice Blog!!! Thank you for sharing information.
ReplyDeletePlots available in Gorakhpur
Plots for Buy in Gorakhpur
Residential Property in Gorakhpur
Residential Plots for Sale in Gorakhpur
thankscommercial space for rent
ReplyDeleteBuy real estate property in delhi, gurgaon at Themeshome
ReplyDelete
ReplyDeleteThank you!
Showroom space for rent in HSR Layout
thanks....
ReplyDeleteShowroom for rent in HSR Layout
Thanks for this information keep sharing...
ReplyDeletePG related query boys PG in sector 16 Noida
Thank you!
ReplyDeleteoffice space in hsr layout Showroom space for rent in HSR Layout
Howdy!
ReplyDeleteThank you!
GreatValue India is the new place to buy Homes in Noida. Buy your new home 3 BHK Flat price in Noida with confidence with GreatValue India.
good blog. blog like these are are very helpful for us because we are into ac repairing and service. It is always good to read and upgrade ourselves document registration agent in delhi
ReplyDeleteThanks for sharing the details about the property registration in India.
ReplyDeleteBudget Flats in Chennai
Studio Apartments in Chennai
New apartments in OMR
Apartments in OMR
Apartments for sale in OMR
Flats for sale in Adyar
Apartments for sale in Adyar
Flats for sale in Vadapalani
Premium apartments in Chennai
Luxury Homes in Chennai
I have found that this site is very informative, interesting and very well written. keep up the nice high quality writing. Properties for Rent near me
ReplyDeleteIt is essential that test your bed by lying on it and moving around for at least 10-15 minutes, and making sure that you feel totally comfortable. freightliner mattress
ReplyDelete