For TDS payment assistance:
Tel: +91 22 4004 2131 / +91 99203 50878
Email: info@gyaata.in / gourav@gyaata.in
For Home loan assistance:
Tel: +91 8433 9996 22
Avail of a preferential corporate pricing
if your organization is listed with us.
Click here to know more.
BACK

Looking To Register Your Property? Follow These Guidelines

By Admin Posted May 09, 2019 In Property investment

 

As a homebuyer, you may be familiar with the term “sale deed”. A sale deed is a document that testifies to the legal transfer of ownership of the plot from the seller to the buyer. According to the provisions of the Registration Act, 1908, it is mandatory for homeowners to register the sale deed to ensure a legally sound transaction.

 
If you’re looking to register your property, here are some useful guidelines to simplify the process.
 
1.     Prepare the day before:
Make sure to get all your property documents together one day prior to your appointment at the sub-registration magistrate’s office. Keep in mind that there are no separate queues for women or senior citizens, so prepare accordingly.
 
2.     Note the timings:
The sub-registration magistrate’s office works from 9:30 am to 6 pm on all working days (make sure to check the calendar for any public holidays), with a 30-minute lunch break in between. Plan to spend most of your day at the office, as these processes can take time.
 
3.     Payment process:
Keep in mind that you will have to pay the stamp duty and registration fee before you show up at the sub-registration magistrate’s office. You can pay these charges online by clicking https://www.e-stampdutyreadyreckoner.com/index.php or seek a lawyer’s assistance for the same.
 
4.     Required documents:
In addition to all the property documents, you will also require certain identification documents such as your PAN Card, Aadhaar Card, Voter ID or Driver’s License. Make sure to bring these with you.
 
5.     TDS certificate:
A TDS certificate will also be required in case the property transaction has been over the value of Rs. 50 lakhs.
 
6.     Presence of witness:
Each party must bring at least one trustworthy witness to the office on the day of the appointment. The witness must also carry with them the requisite identification documents.
 
7.     Delivery time: Keep in mind that it takes about 15 working days for the sale deed to be registered. You can collect the registered documents after this period, upon producing the receipt that will be issued to you at the time of the registration.
 
Looking to invest in a new home? Explore flats in Kanjurmarg West at Runwal Forests, a premium residential project by the Runwal Group. 

Disclaimer

The plans, specifications, images and other details herein are only indicative and subject to approval of the concerned authorities. The Group / Owner reserves the right to change any or all of these in the interest of the development, without prior notice or obligation. Artist’s impressions are used to illustrate amenities, specifications, images and other details and these may be applicable to select apartments only. Tolerance of +/- 3% is possible in the unit areas on account of design and construction variances. All brands stated are subject to final decision of the project architect. This printed material does not constitute an offer and/or contract of any type between the Group / Owner and the recipient. No booking or allotment shall be deemed to have been made on the basis of this printed material. Any Purchaser / Lessee of this development shall be governed by the terms and conditions of the agreement for sale / lease entered into between the parties, and no details mentioned in this printed material shall in any way govern such transactions unless as may be otherwise expressly provided in the agreement for sale/lease by the Group / Owner. The Group / Owner does not warrant or assume any liability or responsibility for the accuracy or completeness of any information contained herein.