Real Estate Forum on Legal in Bhubaneswar

Latest Answer: Hello Pradyumana, First, you will have to identify the reasons for doing the same. Secondly, you will have to apply before the appropriate body in charge of the land records of rights and title or before the local appropriate jurisdictions collector or tehsildaras office where the said properties are located. You have to give the necessary details regarding the transactions along with the objective and by paying the necessary charges as stipulated by law. After systematic verifications regarding the zone and other property details as per the property records and after checking the needed compliances by the officials, the industrial property could be converted into non-industrial property. if needed you can consult a legal expert for complying with the said proposed processes.

Latest Answer: HI Jubeen, Being an NRI, you can have the entire deal executed and the property registered on your behalf by anyone you choose. Make sure you choose a reliable, close person because you are trusting that person with a lot. He or she could be a friend, family member, colleague. All you need to give that chosen person is a Power of Attorney to transact on your behalf.

Latest Answer: Payment Mode:- The stampduty can be paid either in the form of Non-Judicial Stamp Paper or it can be paid by way of franking the required amount on plain paper or it can be paid in shape of Bank Draft (A/c Payee) to be drawn in favour of the concerned Sub-Registrar. The registration fee can be paid either in cash or in shape of A/C Payee Bank Draft.

Latest Answer: @ Ajit, Procedure for registration of property are as follows: 1. Before registering the Land or Property, it is the duty of the seller to disclose any defects in his title over the said property. While the buyer has the responsibility of verifying the right, title of the Seller. 2. The begin the registration process one has to present the Sale Deed in the concerned Sub-Registrar Office where the land is situated. The Sale Deed can be prepared by the Purchaser himself/herself or by the help of a licensed Deed Writer or Advocate. The purchaser has to attach Form No.3 along with this under Orissa Land Reforms Act 1960,so that it can be transmitted to the concerned Tahasildar for mutation. 3. The Schedule of the property should be correctly mentioned in the Sale Deed as well as in Form No. 3. 4. If any structure is situated over the landed property that has to be mentioned in the Sale Deed and indicate its cost. 5. Once Form (3) is received by the concerned Tahasildar initiates a mutation case. 6. If the cost of the property is Rs. 30 lakhs or more then PAN No.of the seller & buyer should be quoted. 7. If the property belongs to Endowment (public deity) then permission from the Endowment Authority is required. 8. If the land is transferred from SC/ST persons to General Category staying in the NonScheduled area then permission should be taken from the concerned SubCollector/Revenue Officer as per Orissa Land Reforms Act, 1960. 9. After detailed verification of Sale Deed, the registration process will be completed as per the Registration Act.

Latest Answer: Hi, The revised stamp duty and registration charges for 2014 in Orissa is as follows: Stamp duty is 7% Registration charges is 2%.

Latest Answer: Hi , I came to know about this project from News paper. I want to invest on this project. Can anyone provide some information about project bank approval & Advance Payment plan ?

Latest Answer: what are the stamp duty and registration charges for registered aggrement

Latest Answer: Hi ..as far as i know such certificates are provided to builder after all that work has been properly carried out with all necessary standards. I think you should first contact the builder and ask for certificate.

Latest Answer: Hi Guys! do you think the asking price 58 lakhs+ (minimum) is worth for this property. Any idea how is panda infra's construction quality. I will really appreciate any inputs on the above concerns.