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The Registration Process

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Step 1: Search the Property Registration

The property location, legal ownership document, date of purchase of the title, property transfer and inheritance issues, if transferred the legal authority of the transferee, clearance certificate from urban land ceilings authorities, payment of all dues like property taxes, electricity and water bills and any previous alterations in the property registration are the points that require careful scanning.

Step 2: House Registration Agreement

This process takes place at the Local Stamp Duty Office and takes around 7 days to complete. 

Step 3: Preparation of Property Sale Deed

This is done by an authorized house registration attorney on behalf of the purchaser. The final deed is printed out on a green paper with stamp duty stamp affixed on it. This involves a fee of 1% of the property value and might take a week.

Step 4: Final Registration

The house registry or land registry is then stamped, executed, and finally registered in the presence of seller, buyer and two witnesses at the office of the Sub Registrar of Assurances at 5% market value of the property as Stamp Duty. This process takes 2 days.

Step 5: Submission of Documents

The completed home registry is then submitted to the Reader of the Sub Registrar of Assurances for scrutiny. Then at the payment of 1% of the transaction value or INR 30,000 whichever is less, the documents are presented before the Sub Registrar. The seller then hands over possession of the property to the buyer. The documents are handed over to the buyer within 30 minutes of submission of the payments receipt.

Step 6: Mutation of The Title of The Property

The purchaser now has to apply to the local Municipal Authority to get the title of the concerned property mutated in his favor with all the relevant documents. The Municipal Authority then assigns the property value for levying property tax and then issue a letter of mutation in favor of the purchaser.
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