Registration of property is an important process in property purchasing that helps to confirm legal ownership and protect your property. Property registration in Delhi NCR, property registration procedure is simplified yet feels complex if you are unaware of the steps involved in the process. No matter if you are a first-time buyer or an experienced investor, it is very important to know the property registration details. In this blog, we will guide you through the process of completing property registration online, and reasons for hiring a property registration lawyer to smoothen the process.
You must get property registered in Delhi under the Indian Registration Act of 1908. It proves ownership and protects you against any later claims. If you have not registered the property, it is not legally yours, which can lead you to legal complications. Registered documents are also evidently admissible in court, thus ensuring that this important step towards ensuring that you are a secure investor in your property.
Gather all documents before registering the property. Key documents include:
Property registration lawyers can verify these, and ask if there are no legal discrepancies.
Stamp duty is a compulsory government tax on property transactions. Here is the stamp duty rate in Delhi:
The stamp duty can be paid through the Delhi government’s e-stamping portal online or via authorised banks in an offline mode.
To bypass the long queues, you can also book an appointment for registration of the property, which can be done online on the Delhi government’s portal. This step facilitates a smoother experience at the sub-registrar’s office.
On the day of the appointment, go to the sub-registrar’s office along with all the required documents. The buyer, the seller and two witnesses must attend. The property registration lawyers can assist you with that by accompanying you to ensure all the formalities are done on time.
The verification, including biometrics for both parties, is done at the sub-registrar’s office. The documents are presented, followed by the reading of the sale deed in the presence of all parties.
The registration charge in Delhi is 1 percent of the market value of the property or the consideration amount, whichever is higher. Payment of this fee can be made online or in the office.
When it’s done, you’ll get an acknowledgment slip. The sale deed and other registered documents will be available online in a few days.
The digitization of property registration process by the Delhi government is benefiting the buyers and sellers. The process to complete property registration through their official website is:
This is when a property registration lawyer comes into the picture that helps you in quick and error-free process. Here’s how they can assist:
Knowing how the property registration process works and making use of online tools can help simplify the process. Nevertheless, hiring a property registration attorney would be the best decision to avoid legal complexities and ensuring compliance.
At LawChef, we know that property registration is a tedious task. This is where our expert property registration lawyers come in to guide you through the entire process. We cater for anything from document verification to representation at the sub-registrar’s office to make the experience as smooth and tear-free as possible. With the help of LawChef, you can register your property in Delhi NCR without any worry.