Real Estate Forum on Property Registration

Latest Answer: Is it true that many banks like SBI, ICICI and HDFC Bank offering discounted rates on home loans for women borrowers?

Latest Answer: Yes, in Alwar, you have to pay 5% as Stamp Duty and 1% as a Registration Charge. Apart from stamp duty and property registration charges, cess, and surcharges also have to pay when you pick a property.

Latest Answer: When you go for registration of your property, ask the list original copy from the registrar office. They will provide you the original sets of documents.

Latest Answer: Me and my nusband are currently not in India . We are facing problem to register our flat . We have loan with LICHFL which is not agreeing to release the final fund without our presence . My brother is in Bangalore , can he be GPA on our behalf . Is there any alternative ?

Latest Answer: Timely Delivery of property otherwise builder has to pay fine and interest on property. No more change in floor and master plan as builder has to develop projects as per the passed plan, cannot manipulate as per his choice.

Latest Answer: Hi! Here i would like to explain the process of and documents required for property registration:- The property documents that need to be registered, should be submitted to the office of the Sub-Registrar of Assurances within whose jurisdiction the property, which is the subject matter of transfer, is situated. The authorised signatories for the seller and the purchaser, have to be present along with two witnesses, for registration of the documents. The signatories should carry their proof of identity. The documents that are accepted for this purpose, include Aadhaar Card, PAN Card, or any other proof of identity issued by a government authority. The signatories also have to furnish the power of authority, if they are representing someone else.

Latest Answer: Thanks to all gentlemen.... I have done registration with builder directly, just by passing the 1st and 2nd owner but being mentioned their details in the deed. The loann amount paid diretcly to the seller directly as being mentioned in the deed from whom i am buying. So everything done smoothly.

Latest Answer: Hi Suraj, I want to know that the same checklist required for resale property or there are few other documents that a buyer should ask for? I heard that documents such as sale agreement, sale deed, mother deed and tax paid receipts by the builder on total saleable area are to be obtained at the time of property registration, in case of under-construction property. What is your view?

Latest Answer: Hi Guys, As per sources, Mr Dalip has also declared that land has been acquired for the Hisar to Dabwali road work for which nearly 232 crore will be given as compensation to land owners. Already 195crore had been distributed among farmers. State government has issued revenue survey(girdawari) to estimate the loss caused to crops because of unseasonal rain. Compensation will be distributed among farmers with in 15days.

Latest Answer: Righ Sir, It is advised to go register as per market value and have peaceful nights sleep. Why? Because, when you sell your property in future , you have to pay the tax on the profits made. And the profit is decided by your cost of the house and the sell price. So lower the cost of your house, the higher the profits on paper for you in future. You might be aware of the fact that indexation is applied in case of real estate transactions and 20% tax is paid on the profit.