Property registration is a crucial step in owning real estate, ensuring legal ownership and protecting buyers from disputes. If you are planning to register a property in Thane, Navi Mumbai, or Mumbai, this guide will help you navigate the process smoothly.
Why is Property Registration Important?
Property registration ensures legal ownership proof of the property, protection from fraud or disputes, easy transferability in case of resale or inheritance, and compliance with the Registration Act, 1908.
Step-by-Step Property Registration Process
Step 1: Verification of Property Documents
Before registering a property, ensure that all legal documents are in place:
- Sale Deed (signed between buyer and seller)
- Encumbrance Certificate (confirms no legal dues on the property)
- Property Card & 7/12 Extract (land ownership details)
- Approved Building Plan (for constructed properties)
- Occupancy Certificate (OC) (for ready-to-move properties)
Step 2: Calculation of Stamp Duty & Registration Fees
Stamp duty and registration charges vary based on the property’s location.
Stamp Duty Charges:
- Mumbai & Navi Mumbai: 6% of the property value
- Thane: 6% of the property value
Registration Charges:
- For property above ₹30 lakh: ₹30,000
- For property below ₹30 lakh: 1% of property value
Stamp duty can be paid via eSBTR (Electronic Secure Bank and Treasury Receipt) through designated banks like IDBI Bank.
Step 3: Online Payment of Stamp Duty & Registration Fees
- Visit the Government of Maharashtra Stamp Duty & Registration Portal.
- Select e-Payment of Stamp Duty & Registration Fees.
- Enter property details and generate Challan/eSBTR.
- Make payment online or at authorized banks.
Step 4: Appointment with Sub-Registrar Office
Once the stamp duty is paid, book an appointment at the Sub-Registrar Office in Thane, Navi Mumbai, or Mumbai.
Documents Required for Registration:
- Original Sale Deed
- Identity Proofs (Aadhaar, PAN Card) of buyer & seller
- Stamp Duty & Registration Fee receipt
- Recent passport-size photographs
- Power of Attorney (if applicable)
Step 5: Execution of Sale Deed & Biometric Verification
On the day of the appointment, the buyer and seller visit the Sub-Registrar Office. The Sale Deed is signed in the presence of a registrar and two witnesses. Biometric verification and thumb impressions are taken. Once verified, the document is registered and scanned into government records.
Step 6: Collection of Registered Property Documents
After registration, the buyer receives a digitally registered Sale Deed with a unique document number. This serves as the official proof of property ownership.
How Long Does the Property Registration Process Take?
- Stamp Duty Payment: Instant (Online Payment)
- Sub-Registrar Office Visit: 1 Day
- Receipt of Registered Documents: Within 7-15 Days
Common Mistakes to Avoid
- Not verifying the property title & ownership history
- Incorrect stamp duty calculation
- Not having all required documents ready on the day of registration
- Missing the deadline for property registration after agreement execution
Conclusion
Property registration in Thane, Navi Mumbai, and Mumbai is a straightforward process if you follow the correct steps. By ensuring proper documentation, timely stamp duty payment, and legal compliance, you can secure your property ownership without hassles.
If you need professional assistance, Kedarnath Property Registration Services can help you navigate the process smoothly!
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