In most Indian states, the buyer can complete much of the online registration process. Depending on where you live, you can use online services to partially complete the registration process. However, for the final step, you should go to the sub-registry with the seller and two witnesses to complete the transaction. Once the documents have been registered, you will need to go back to this office to retrieve your registered property documents. The registration fee for real estate documents is 1% of the value of the property, subject to a maximum of Rs 30,000. In order to formulate rules to limit the abuse of power in the sale of real estate, the Supreme Court had, among other things, asked the top secretaries and financial secretaries of Delhi, Haryana, Punjab and Uttar Pradesh to take their views and proposals on the case to court. If you do not register the contract to sell a property, you can take a big risk. Any document that must be registered but not registered cannot be admitted as evidence in a court of law. This judgment confirms that a valid transfer of land can only be carried out by a registered will to transport. As a result, all buyers who have acquired a property and are transferred by sales contract, the GPA must now perfect their property rights by paying stamp duty and the corresponding registration fees. Otherwise, the rights of these purchasers to transfer or transfer the property in the future will be affected.
This case also illustrates the views of the various high courts. The Supreme Court found that the sale contract, the GPA and the assignments of the will do not give title and are not limited to a transfer of real estate. The Tribunal also found that such transactions could not be recognized as a valid means of transferring real estate. Although the Supreme Court struck down such transactions, it also clarified that such comments should in no way affect the validity of sales contracts and powers executed in the context of genuine transactions. “We have been working with Opus Claims for over 4 years and have made a big difference to our success in recovering losses. From the very first moment, when we spoke to the Opus team, it became clear that they had considerable experience working with local authorities to understand the challenges facing our industry and the pressure we are under. The opus is an asset to our department, which relentlessly monitors the losses we experience, regardless of the length of the claim process or the amount of work required to ensure a successful outcome. When it comes to helping us with losses for real estate like street furniture, there is no one better.