The Delhi government has launched an online registration portal to facilitate the property registration process. The traditional method of registering property is time consuming and complicated. Section 49 of the Property Registration Act makes it mandatory to register the property within four months of the completion of the deed of sale in order to obtain full ownership of the property in Delhi. Learn more to know about the company registration in delhi.
Procedure for online registration of properties in Delhi:
Follow these steps to register a property online –
- Log in to the DORIS (Delhi Online Registration Information System) website
- Prepare the document online by selecting Deed Writer from the home page of the DORIS website . Select the criteria by which the bond should be prepared.
- Stamp Duty Calculations: Calculate the registration fees and stamp duty by entering the details of the Deputy Registrar’s Office within the jurisdiction of the property by clicking on the e-rating on the DORIS website Stamp duty and registration fee will be calculated based on construction year, land use, total plinth area.
- Purchase e-stamp paper from stock holding corporation of India for calculated value .
- Click on e-Register on Stock Holding Corporation of India website to pay the registration fee
- Arrange a meeting at the office of the Deputy Registrar in Delhi within the jurisdiction of the property by visiting https://srams.delhi.gov.in/.
- Specify the purpose of the appointment on the homepage and select Yes from the drop-down confirmation that documents such as E-Stamp Sheet and E-Registration Receipt are ready.
- Enter the e-stamp payment number to verify payment. Once the verification process is complete a meeting will be scheduled at the Deputy Registrar’s Office. Email and message will be sent regarding the appointment.
- Visit the office of the Deputy Registrar with all the documents required for registration of property on the allotted date and time.
Documents required for registration of property in Delhi:
Take the documents mentioned below to the office of the Deputy Registrar.
- Original IDs of the buyer and seller
- Passport size photos of buyer and seller
- Original property documents and its copy
- E-stamp paper and e-registration receipt
- NOC (Certificate of No Objection) if the land is agricultural.
- Two witnesses and their identities, namely Ban Card and Aadhar Card
- If the transaction is more than Rs., Self-certified copy of Form Card or Form 60. 50,000
Stamp duty in Delhi:
A registration fee of 1% of the total value of the deed of sale is charged. Stamp duty and transfer fees are below
Property document due diligence:
It is important to act with full attention before buying a property. Below are some important documents to check-
- Parent’s Document or Mother’s Deed – Property details can be obtained from this document. To get loans, one can use this. This is an important legal document. The registering authorities will issue a certified copy of the Thai bond.
- Sumangar Certificate – This helps to verify if there are any liabilities on the property and provides all the transaction details on the property.
- Building Plan Approval – Check that there are no deviations from the approved plan of the constructed property
Property Tax Receipts – Make sure there are no outstanding balances and that the tax is paid properly. Also, check the name of the owner on the tax receipt.