Delhi Property Registration - Procedure and Charges
The Revenue Department in Delhi handles property registration through 15 Sub-Registrar Office of the concerned subdivision. Delhi has eleven districts and 33 subdivisions, three per district. In this article, we look at the procedure for property registration in Delhi, along with procedures and charges.Document Registration
As per the Registration Act, 1908, certain documents like the sale or title deed, conveyance deed, lease deed, gift deed and agreement for sale need to be compulsorily registered. Some documents like Will, the general power of attorney, special power of attorney, trust deed, partnership deed can be registered optionally through the Registrars office.Property Document Due-Diligence
Before purchasing a property, its important to perform thorough due diligence on the validity of the title to the property using a Lawyer experienced in property matters. For following are some of the important areas that must be verified during a property document check:Mother Deed or Parent Documents
Parent document is an important legal document that helps trace the ownership of property. Required parent documents would be required for availing property loans, etc., In case, there is no parent document available (for instance, purchase of flat), in such case obtain certified copies of the parent document from the registering authorities.Building Plan Approval
In case there is a building on the land or the property has a structure, then building plan approval must have been obtained from the relevant authorities. Building plan approval can be checked against the actual built-up property to ensure there are no deviations.Encumbrance Certificate
Encumbrance certificate can provide an insight into all the transactions that are done on the property. Encumbrance certificate checks for evidence of mortgages, title transfers, or any legally registered transaction that affects the property. It is important to obtain an encumbrance certificate of up to 15 years to ensure there are no unforeseen liabilities attached to the property.Property Tax Receipts
Check the property tax receipts to ensure that property taxes have been paid until the date of sale. It is also important to ensure that the owner's name on the property tax receipt matches the seller. The above list is not exhaustive and would vary based on the type of transaction. Hence, it is necessary to engage an experienced Lawyer for completing property due-diligence.Registration of Property Documents
Once the due diligence is performed and terms of sale between the seller and buyer, a sale deed is drafted. Sale deed contains details of the buyer, seller, property, terms of sale, etc.. On drafting, the sale deed must be presented to the Sub-Registrars office with the following documents for registration.- Document required to be registered ( in duplicate);
- Two passport size photographs of seller and buyer;
- Two witnesses;
- Proof of identification of each party and witnesses;
- In case the property is/was under a lease from D.D.A., L&DO, M.C.D., Industries Department, Labour Department of Delhi Govt. etc., the permission of lessor for registration of the document.
- No objection Certificate under section 8 of Delhi Land (Restriction and Transfer) Act, 1972 from Tehsildar of the Sub Division of the District to the effect that the property is not under acquisition.
- Income Tax Clearance Certificate in prescribed proforma 34A, under section 230 of the Income Tax Act, from concerned Income Tax Officer where the transaction exceeds Rs.5,00,000/-
- Permission from the Appropriate Authority in the prescribed proforma 37 I, where the transaction exceeds Rs.50,00,000/- under the provisions contained in section 269 of Income Tax Act, 1961.
Stamp Duty Charges in Delhi
The charges applicable for property document registration in Delhi are:- Stamp duty and transfer duty @ 4% if the vendee is a woman and @ 6% if the vendee is a man
- The registration fee is 1% of the total value of Sale Deed + Rs. 100/- pasting charge.
Popular Post
In the digital age, the convenience of accessing important documents online has become a necessity...
The Atalji Janasnehi Kendra Project that has been launched by the Government of Karnataka...
The Indian Divorce Act governs divorce among the Christian couples in India. Divorce...
When an individual has more than a single PAN card, it may lead to that person being heavily penalised, or worse,...
Employees Provident Fund (PF) is social security and savings scheme for employee in India. Employers engaged...