Initiatives taken by DDA for registration of property.

Q: Easy process taken by DDA to reduce confusion among property Buyer & Seller.

Akash Kanojia, Delhi

18th November 2014

Real estate News in Delhi

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property registration

dda new initives

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builder mafia

agreement to sell

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Replies (5)

In case of any legal issue, how online procedure can help me? Does that imply that a real estate broker has nothing to do in the new plan of registration?

bachu singh,

9th September 2015

Comment

Hi Bachu,
This e-registration process details all your online transaction related to property. This will help you by providing sufficient evidence in case of any legal issue. All transaction details related to your property registration will always be available online.

jitu jayswal,

10th September 2015

Does that imply that a real estate broker has nothing to do in the new plan of registration?

Ans- No, because checking a property online is completely different than inspecting physically by taking help of a well educated experienced consultant. So broker involved as a mediator between parties and also involved in price negotiation. So yes broker has a significant role while buying property.

akhilesh pal,

11th September 2015

Now question arises, how transparent is this process?

Ans- Subtle elements including the whole history of ownership, number of rooms, gross carpet area and establishment points of interest are recorded online. The goal is to conceal nothing about the property from a buyer. This expands straightforwardness and minimizes shots of false practices in property bargains.

Bulbul Verma,

12th September 2015

Hi guys,
Recently I came to know that, the Land Registration Act of 2002 launched the idea of e-registration of property utilizing authenticated electronic signatures. By this online process of property registration, many loopholes & issues were successfully eliminated

bachu singh,

9th September 2015

Comment

Hi Bachu singh,
As per the sources, due to easy to use and many advantages, online registration of property is now running in various states, for example, Kerala, Tamil Nadu, Jharkhand, New Delhi, Madhya Pradesh, Chhattisgarh, West Bengal, Karnataka, Rajasthan,Sikkim,Maharastra & Punjab. Every one of these states have added to the Common Services Center (CSC) Scheme, where confirmation of registrations is

bablu pathak,

9th September 2015

This is a great initiative taken by DDA as it will help home buyers to easily register their property. I would like to mention here about Unnati Fortune Group, a leading real estate company in Delhi NCR. The group is offering premium properties in Noida, equipped with all the modern amenities and world class infrastructures.

Abhay Bhardwaj,

8th April 2015

Comment

Abhay Bhardwaj,

7th April 2015

Comment

Hi Akash,

Delhi government has taken this new step to easy the property registration process. This process with not include any kind of property mafias or litigation. People want to register there property need not run from office to office for registration. This easy process will people to register their property quickly with out any glitch.

Tushar Surendren, Delhi

18th November 2014

Comment

Yes Mr Tushar, you are absolutely right. 11 district sub registrars have been directed in a circular that the agreement to sell between buyer & developer or builder must be duly checked, verified, acknowledged & registered. So that after buying any property buyer will not run from office to office for getting clarification or verification of document.

Subho Mallik, Delhi

18th November 2014

Hi Akash,

In this process all kind of verification & acknowledgement will be done at a time. Aim of this new rule is to stop misinformation that such properties cannot be registered and to bring 1.5-2 lakh properties-residential and commercial-in the loop of compulsory registration on payment of stamp duty. Also, this is an attempt to monitor sub-registrar offices, which hold up the process and prevent the possibility of a nexus with builders.

Sufia, Delhi

18th November 2014

Hi Akash,
As per my knowledge, from now on , buyers and developers found executing illegal documents to evade stamp duty will be liable for penalty up to 10 times of the applicable stamp duty on registration and also imprisonment. There are plans to issue advisories and a drive to build awareness among buyers.

James, Delhi

18th November 2014

Hi All,

According to me, to honor the judgment of the Supreme Court on the issue of registration of agreement to sell, the guidelines state that the apex court has not questioned the power, jurisdiction and duties of the sub-registrar for registration of the document, whether in the past or future.

Richa, Delhi

18th November 2014

Hi Akash,

In case of leasehold properties, the court clearly held that such properties can be transferred through assignment of lease, which is a compulsory document that must be registered under Section 17 of the Indian Registration Act. In this manner, the duty chargeable under the Stamps Act is also applicable.

Neha Srivastava, Delhi-NCR

19th November 2014

Hi Akash,

As per my knowledge, it is clarified to all sub-registrars that under the Registration Act, the documents containing contract to transfer for consideration of any immovable property must be registered compulsorily if the document has been executed after the commencement of Registration (Amendment) Act 2001.

Surabhi, Delhi

20th November 2014

@ Akash,

An agreement to sell in respect of immovable property is covered under section 17(1-A) of the Registration Act and is a valid document to be registered if so desired by the parties and as such all these documents cannot be refused by sub-registrar. The order also clarifies that the law makes provision for compulsory registration of builder-buyer agreement or collaboration agreement to develop or construct a property afresh.

lekshmi.sanjeev@ymail.com, Delhi

20th November 2014

Hi Akash,

As per my knowledge, the stamp duty is applicable to builder buyer agreement or collaboration agreement to develop a fresh project. This new rule by DDA says that in keeping with directions of Delhi HC, properties booked by municipal corporations under unauthorized construction are prohibited from further registration.

Subho Mallik, Delhi

20th November 2014