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Real Estate Forum on Registration

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hello!
I would like to know the latest date announced by the builder for registration and possession of this property.
Thanks.
Latest Answer: The OC is still not been issued..have been waiting 4 years....builders are pushing owners to register property without giving a legal OC from BBMP knowing fully well that even the khata cannot be made or utilities transferred in your own name without a legal OC. in a court of law you do not own the property without OC....simple.
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Q: The builder is asking me to register the apartment I have purchased as apparently this will help me save money in case the guidance value goes up.
Latest Answer: Registration of the property is a full and final agreement signed between two parties. Once a property is registered, it means that the property buyer in whose favor the property is registered is the lawful owner of the premises and is fully responsible for it in all respects. The law does not recognize unregistered owners and does not give them any rights over the property. Therefore, Registration of Property is Compulsory to prevent fraud or future litigation. I think it will be good for you if you register the property now itself.
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Q: Hi friends,

I am planning to purchase one BDA approved plot.
Legal verification of the property is done and will be doing the sale agreement next week.

I would like your opinion whether I should take help from an agent for property registration and khatha transfer.
In many online forum, it is said we can do it without much hassle, But I am a non kannadiga, and my kannada knowledge is 2 on a scale of 1 - 10 :?

The agent is asking for huge amount for getting it done, he says this inclused all like agreement, writing charges, khtha transfer(including under the table payments) not including the stamp and registration charges.

The property tax is payed up to date, all the documents are up to date, and I am registering for the exact amount I am purchasing.

Kindly give your opinion / experience.

Thanks.
Albin

Latest Answer: Hey, If everything is in place you can go ahead with the registration process and Khata transfer. If you want you can definitely take help from your legal expert in this matter. I am sharing an article link over here hope this will help you to some extent Khata Transfer Bangalore, Khata Registration and How tos
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Latest Answer: Arjun Roshan Surinder Can you please provide ur email id. Wanted to check with you on the current status of UTC projects.
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Q: Is it required for the Applicant to be present at the time of property registration in Kolkata? It is ready to occupy new Flat in Birati, kolkata - 700051. My father is a co-applicant of the property and will be present at the time of registration. But me, being the primary applicant, will be out of station. Is there any kind of Power of Attorney that can be used for this kind of situation? Please help!
Latest Answer: HI Koushik, There are several procedure if you are not available at the time of registration then a POA works. You can transfer the POA to your father. But remember there are several procedure (a) If the principal at the time of executing the power-of-attorney resides in any part of Indiain which this Act is for the time being in force, a power-of-attorney executed before and authenticated by the Registrar or Sub-Registrar within whose district or sub-district the principal resides. (b) if the principal at the time aforesaid 25 resides in any part of India in which this Act is not in force, a power-of-attorney executed before and authenticated by any Magistrate. (c) if the principal at the time aforesaid does not reside in India, a power-of-attorney executed before and authenticated by Notary Public, or any court, Judge, Magistrate, Indian Consul or vice-consul, or representative of the Central Government.
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Q: When the registry is going to start, my booking number is 361-B. and i heard that due to change in govt policies, builder is not able to register the NA plots, it seems investment gone into waste...!! can somebody throw some light.
Latest Answer: Thanks Puneet for your valuable suggestions...!! I am aslo looking for buyers or persons who have invested in this Bhaskar Valley, Karjat project, want to talk to them for further course of action. Nripendra - 9833925143
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Q: Is there any update on max marvel phase2 registration?

Latest Answer: Hi... even iam booked a plot in 2012 but till now no response from the developer, many of the executives and top guys have left the company, and no one picks the calls made.. Please share the details of phase 2, also request u guys whether one should wait or take the payment made...
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Q: The Delhi government has introduced online property registration fees. Has the new technology already started or yet to start.
Latest Answer: As far as I know the government had already started with online property registration fees at Rohini and Mehrauli.They are planning to start 11 more sub-registrar offices in the city.
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Q: I have bought a house and would like to register the flat. What percent of registration should I pay?
Latest Answer: It is 1% of the property value which you have to pay as the registration charges.
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Q: Why it is required to register a property? How soon do we need to register the property? What are the documents required and what are the charges?
Latest Answer: Under The Registration Act 1908 it is made mandatory to register all transactions and registration of property is also one them. For registering property seller needs all documents to prove he is the owner and from registrar office you will get required form to transfer the ownership. You can seek legal expert help for the same
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