PROPERTY REGISTRATION ONLINE (E-REGISTRATION) – PROCESS, DOCUMENTS & MORE

In Maharashtra, the Department of Registration and Stamps is liable for property registration. Recently, the state government has introduced e-registration in Maharashtra to digitize the process using blockchain technology. Blockchain helps in preventing tampering with property agreements registered digitally.

Is Registration of Property Necessary?

Section 17 of the Registration Act of 1908 mandates the registration of a property. If it is not registered in the buyer’s name in government records, the buyer will not be regarded as the official owner of the property. Registration is compulsory only when the property value is more than ₹100. After completion of the registration process, the property is registered in the new owner’s name. The buyer must pay stamp duty and registration charges to complete the process. The stamp duty and registration charges differ from state to state.

How to Register a property?

A buyer can register a property online and offline. The online process, also known as e-registration of property, has made property registration simpler and more convenient, enhancing transparency.

For a better understanding, let us look at the process of e-registration in Maharashtra:

A buyer can register a property online and offline. The online process, also known as e-registration of property, has made property registration simpler and more convenient, enhancing transparency.

For a better understanding, let us look at the process of e-registration in Maharashtra:

• Prepare a deed for registration:
  To start the registration process, developers and homebuyers need to create a deed for the e-registration of property. After approval of the template for the agreement, developers can proceed with the transactions.
  The service to prepare the deed is available online on the official website of the Department of Registration and Stamps.
• Estimate the registration charges and stamp duty:
  The registration charges and stamp duty vary from region to region. To compute the charges, the buyer must choose the sub-registrar’s office in whose jurisdiction the property is purchased and fill in all the required details.
• Obtain a stamp paper and pay the fee:
  The buyer will also need an e-stamp paper of the amount calculated for the registration charges and stamp duty. The website allows one to pay the fee for registration to the Government of Maharashtra online, making the process hassle-free. After completing the payment, save the receipt for future communication.
• Schedule an appointment at the sub-registrar’s office in Maharashtra:
  Visit the IGR Maharashtra portal. Pick the sub-registrar’s office in whose jurisdiction the purchased property is located. A list of property registration documents will appear. These are required to complete the registration. If the mentioned documents are ready, proceed with the steps ensuing to book an appointment slot. The appointment details will be sent to the registered mobile number and email address.
• Visit the sub-registrar’s office for registration:
  On the appointment date, visit the SRO with the mentioned documents. After verification of the documents and completion of the process, collect the registration receipt.
  The registered deed will be available online in a few days. It can be checked by the seller and the buyer on the official website after logging in using the registered mobile number and password.

Documents Required for Property Registration Online

One of the most important steps during property registration is document submission. Depending on the requirements, these documents record the execution of the transaction.

To avoid delays, keep the following documents ready:

• Two passport-sized photographs of the buyer and seller
• Aadhaar Card or other Proof of Identity for the parties involved
• Power of Attorney
• Property registers card copy
• Verified sale deed copy
• A copy of the municipal tax bill
• Construction completion certificate
• NOC (No Objection Certificate)
• Payment receipt of registration fee and stamp duty charges

Online Property Registration Details

To culminate the registration process successfully, one must have the following details handy:

• Property type – plot, agricultural, flat
• Property details – number, pin code, area
• Mode of ownership – Lease, gift, purchase
• Owner’s details – Name, parent’s name, age, gender, occupation
• Proof of property – Power of attorney, title deed

Summing up

Property registration is mandatory for any property costing more than ₹100. The process of online property registration checks makes the task easier. In addition, it eradicates loopholes and problems caused by the traditional land registration process based on the Land Registration Act of 1925. E-registration enlists all transactions concerning the property to provide evidence in case of any dispute.

If you are a property buyer in Maharashtra, you can benefit from the seamless process of e-registration in Maharashtra. Simply visit the official website of the Department of Registration and Stamps.

Disclaimer- This article is based on the information publicly available for general use as well as reference links mentioned herein. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim /disown any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein. Also, real estate is subject to vulnerability.