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Overview

In India, as per the Indian Registration Act, 1908 it is mandatory to register the transfer of property with the appropriate Registrar. The immovable property transferred has to be registered to obtain the rights of the property transferred.

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.

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Procedure for Property Registration

Steps included in Property Registration:

  • Step 1: Estimate the value of your property according to the circle rates in your area.
  • Step 2: You have to now compare the circle rate with the actual price paid. For paying the stamp duty, the higher of the above two values would be applicable.
  • Step 3: You will now have to buy non-judicial stamp papers of that value arrived at after the calculation.
  • Step 4: The stamp papers can be purchased in person or online. Stamp duty can be paid through the Collector of Stamps or a proof needs to be submitted, if it is already paid.
  • Step 5: Now, you have to get the deed prepared and typed on stamp papers. The subject matter varies according to the nature of transaction, which could be sale, lease, mortgage, power of attorney, etc.
  • Step 6: Now, the transacting parties have to approach the Sub-Registrar's Office to get the deed registered, accompanied with two witnesses. Each person involved in the process should carry their respective photographs, identification documents, etc. An original copy of the deed, along with two photocopies of the same, should also be carried.
  • Step 7: After the sale deed gets registered, you get a receipt. About two-seven days after that, one can again approach the Sub-Registrar's Office to collect the sale deed.
  • Step 8: Once you have got the original sale deed registered, you can also get the same verified by using the registry details and date from the Registrar's Office.

Documents Required for Property Registration

Listed below are the documents required for Property Registration:

  • Id card of executants and claimant (for all deeds)
  • Pan card of executants and claimant
  • Id Card of witnesses
  • Duty stamped signed and executed document
  • Sale deed signed by the claimant

Why Filemydoc.com for Property Registration

Some of the best reasons to choose us are:
1. 3 Working Days: Just share your details asked by our experts and we will do the rest for your Property Registration.
2. Customer Score: We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
3. Strong Legal Team: Our team of experienced legal and business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

FAQs on Property Registration

You would need to pay stamp duty as well as registration fees, both of which are calculated on the value of your property. Costs vary significantly from one state to the next, with some states even factoring in even the gender of the applicant.

Stamp duty is a percentage of the transaction value. In Delhi, for example, stamp duty is collected at 4% of property value in the case of a woman and 6% in case of a man.

Yes, you would need to be there in person for the property registration. You would also need two witnesses to be present.

The property will be registered that very day, but it could take a week to get all the documents in order.

The registration takes place at the office of the Registrar or Sub-Registrar.

You don't need an advocate, but it's best to have a professional go over all the documents and assist you in the registration process.

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