E- Registration in the real estate market

Q: Can e-registration in the real estate market bring transparency?

anupam guha, Bangalore

24th August 2015

Real estate News in Bangalore

bangalore real estate market

e- registration of land

e- registration

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Replies (3)

What is the role of a broker in E- Registrations?

anupam guha, Bangalore

10th September 2015

Comment

Brokers play a major role in property transactions. While buying a property, a buyer need to think about multiple things such as research about the property and surroundings. So the broker will be involved in negotiation between the parties and price quoted.

Pratap, Bangalore

10th September 2015

Finally some good initiative has been taken. I want to know how to e-register land?

anupam guha, Bangalore

25th August 2015

Comment

E-Registration of land is very easy. You can either download online or get the land registration form from the concerned authority's office. The land will be registered within few days after the form details and the documents of the respective person are verified. This completes the full registration process and establishing the authority of ownership of the property.

Seshagiri Mehra, Bangalore

25th August 2015

Is e- registration procedure same for both Urban and rural area?

anupam guha, Bangalore

26th August 2015

Both rural and urban areas property comes under the jurisdiction of the same State Government and both are managed under a Taluka, so the process is also similar. The procedure will be different only if the land is vacant or occupied.

Pratap, Bangalore

26th August 2015

For vacant land, the estimation is done at current market price. For occupied land, the valuation is done on the market price as well as the gross investment utilized by a building.

Seshagiri Mehra, Bangalore

28th August 2015

Yes definitely e-registration will bring transparency in the real estate market. It will reduce risk of fraud and helps solve disputes easily. Adding to it, it will creating and maintaining an up-to-date public record.

Seshagiri Mehra, Bangalore

24th August 2015

Comment

There are many loopholes in the process of registering land and property for which many agents take undue advantages. But with the introduction of e-registration, many of these problems are going to come to an end

Pratap, Bangalore

25th August 2015