I have just purchased a property in Guwahati and i need to know what would be the over all cost occured in Registry.

Q: I have a 3 BHK flat , size is 1900 sq.ft and the cost incurred is 34 lacs approx. The builder has given possession and i am going for the registry in January. So, i m keen to know the procedure of registration and cost incurs in it.

29th December 2014

Legal in Guwahati

property registration

property registration charges

property registration in guwahati

stamp duty in guwahati

registration charges in guwahati

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Replies (7)

Thank you so much everyone. I got possession of stated property smoothly and easily. Thank you all for your valuable advices

4th February 2015

Comment

There are various documents that the seller of a residential property has to hand over to the buyer at the time of sale of property. In this regard, the prospective buyer often requests the seller to provide the latest mutation of the residential property. Hence, it is imperative that the seller is aware of this document and its relevance in the context of the sale of his property.

Sajal Das, Kolkata

31st December 2014

Comment

The final sale deed is prepared by the buyer or his lawyer (Private) and it will cost around Rs. 7000 and 5 working days. Rs. 39 lacs (6% of the property value for stamp duty + 8.5% of the property value for registration fees) with 3 working days. Whereas Rs.5125 (Rs. 25 for application + Rs. 100 for certified copy + Rs. 5000 for lawyer fees). And for encumbrances at the office of Subregistrar of Assurance you have to pay Rs. 6000 (including lawyer fees).

Rajarshi Gupta, Kolkata

31st December 2014

Comment

The authorized signatory must submit the duly signed application along with an affidavit, indemnity bond, and a certified/notarized copy of the registered title deed. After assessment of the request for mutation, the Guwahati Revenue Authority settles the value of the property tax to be levied and issues a letter of mutation in favor of the buyer certifying that the property has been mutated under the buyers name.

Sajal Das, Kolkata

31st December 2014

Comment

The following procedures can be operated with the certified copy of the sale deed. The documents are submitted to the office of the Sub-registrar of Assurance within whose jurisdiction the property is located. The authorized signatories of the seller and buyer are required to be present along with two witnesses, and the following documents a) Document required to be registered (in duplicate), b) Two passport-sized photographs of the authorized signatories of both parties, c) Photo identification of each party and witnesses (i.e.,, a voters identify card, passport, or identity card issued by the Government of India, semi-government and autonomous bodies, or identification by a Gazette Officer), d) Copy of the Municipal tax bill to indicate the year in which the building was constructed. The documents are submitted to the reader of the Subregistrar of Assurancess for scrutiny.

Rajarshi Gupta, Kolkata

31st December 2014

Comment

Apart from the above mentioned procedure, a buyer should also check the transferee or seller is eligible to be a transferee. The object of consideration for the transfer is lawful, the transfer has been made and completed in the manner prescribed by law. In many parts of the city, land records are only partly updated. The city is divided into 8/9 mouzas and some mouzas records are updated only to 1996, 1998, and 2001. For all of them, a manual check at the office of Subregistrar is required. All papers with regard to payment of taxes, electricity bills, and water bills must be checked.

Sajal Das, Kolkata

31st December 2014

Comment

The buyer should conduct a search of the property at the Sub-registrars Office, keeping in mind the location details of the property and the time period to be checked. While investigating the title, it should be verified that a) The legal document is in the name of the owner, issued by the Revenue Record Department under the seal of the Tahsildar, b) On the date of purchase the title of the owner for the preceding 30 years (preferably) shows no mortgage or other encumbrance as still existing on the date of the purchase, c) The property is transferable and ancestral, d) the transferor or seller is eligible and authorized to transfer the property.

Rajarshi Gupta, Kolkata

31st December 2014

Comment