Yourdoorstep consultant Offer Property registration in delhi, Property Registry
Whenever someone register property they purchased, they should pay stamp duty and registration charges for the sales deed. Property registration process must be done at the office of the sub-registrar having jurisdiction over the area in which you have bought property. In most Indian states, property registration involves a computerized process.
DOCUMENT REGISTRATION IN DELHI THROUGH REGISTRARS
1 General Power of attorney
2 Special Powerof attorney
3 Trust Deed
4 Partnership Deed
5 Title Deed
6 Conveyance Deed
7 Lease Deed
8 Gift Deed
9 Agreement of Sales
10 Two passport size Photograph
WHAT YOU NEED TO CHECK BEFORE REGISTER\BUY AN PROPERTY
Check these things Encumbrance Certificate, Property Tax Receipts, Building Plan Approval, Mother Deed or Parent Documents
WHAT IS STAMP DUTY IN DELHI?
When you purchase a flat directly from the builder, registration of property gives you the right to legally own, use and dispose of the property. When you purchase a flat which is being transferred from one hand to another for the second or third time, you will have to pay stamp duty and registration charges over it.
WHAT ARE STAMP DUTY CHARGES IN DELHI?
Stamp duty and transfer duty @ 4% if the vendee is a woman and @ 6% if is a man
The registration fee is 1% of the total value of Sale Deed + Rs. 100/- pasting charge.
DOCUMENT REQUIRE FOR PROPERTY REGISTRATION IN DELHI
1 Two Photographe of Buyer
2 Two Photographe of seller
3 Witness Two
4 Identity proof of Buyer
5 Identity proof of Seller
6 Identity proof of witness
7 Encumbrance Certificate
8 Income Tax Clearance Certificate
9 Permission from the Appropriate Authority
What is the difference between Ready Reckoner Rate and Market Rate?
Ready reckoner rates are fixed by the government. They are used as a reference point for stamp duty payment for property registration transactions in Delhi.
Market prices are the actual prices of the properties at which the sale and purchase happen between sellers and buyers.
Generally, ready reckoner rates or circle rates are a little lower than the market prices. However, under certain circumstances the ready reckoner rate can be more than the market prices.