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Best Flat Registration in Bengaluru

Best Flat Registration in Bengaluru 9071767779 Property Registration / Plot / Katha Transfer / Sale Deed / All types of Agreements / GPA / Partition Deed / Gift Deed etc. One call you will get Exceptional information related to your service Best Flat Registration in Bengaluru

Best Flat Registration in Bengaluru With our Magnificent advisory for your Since 1999 ISO Certified with ™ and we are donor service all over Bengaluru. Best Flat Registration in Bengaluru

What is the flat registration charges in Bangalore?

As per ongoing rates, you are required to pay 5 percent of the total or registered property value (above Rs 35 lakh) as stamp duty and 1 per cent of the total or registered property value as registration fees in Bangalore.

Stamp Duty and Registration Charges in Different Cities / Best Flat Registration in Bengaluru

1% of the total market or agreement value of the property or Rs. 30,000 whichever is lesser. 5% of the total market value of the property if it fall in Panchayet area. 6% of the total market value of the property if it falls under municipal areas

Flat Registration Process

Best Flat Registration in Bengaluru

Transfer of ownership is a complicated process. It is important for property buyers to know that for ownership transfer, a buyer needs to pay some charges in the form of stamp duty and also for registration.

You will have to pay stamp duty before registration or at the time of executing the deed for which the stamp duty has to be paid. So, typically you either pay the stamp duty before the day on which it is executed or on the day when you execute the deed.

An immovable property in India can be acquired by Indian citizen, NRI or by a person of Indian origin (not being a citizen of Pakistan, Bangladesh, Sri Lanka, China, Nepal Bhutan and Iran). Property or land registration in India is governed as per section 17 of the Registration Act, 1908. The act applies to the entire country except for the state of Jammu & Kashmir. The primary objective of the act is to ensure that the information on all the deals is correct and legitimate property/land records are maintained.

The registration process involves making a stamp duty and paying the requisite registration fee for sale deed and has the documents legally recorded with the sub-registrar of your area. The process varies based on whether the property is directly purchased from a developer or whether it is the secondary sale of the property. In the latter case, the process may involve stamp duty and registration of transfer deed.

Best Flat Registration in Bengaluru

Documents Required for registration of Flat:

1. Adhar Card (Both parties)
2. Pan Card
3. Property Details
4. Two Witness (Adhar Card)

Best Flat Registration in Bengaluru

9 Important Documents To Check Before Buying A New Property

1. Sale Deed:

A Sale Deed is the core legal document that acts as proof of sale and transfer of ownership of the property from the seller to the buyer. A Sale Deed has to be mandatorily registered. It is important that before the Sale Deed is executed one should execute the sale agreement and should check for compliance of various terms and conditions as agreed upon between the buyer and the seller.

Before executing the Sale Deed, the buyer should check whether the property has a clear title. He/she should also confirm if the property is subject to any encumbrance charges.

A seller should settle all the statutory payments such as property tax, water charges, society charges, electricity charges, maintenance charges etc., (subject to the agreement) before executing the Sale Deed.

Best Flat Registration in Bengaluru

2. Mother Deed:

Mother Deed, also known as the parent document, is an important legal document that traces the origin/antecedent ownership of the property from the start (if the property has had various owners). It is a document that helps in the further sale of the property, thereby establishing the new ownership. In case of absence of the original Mother Deed, certified copies should be obtained from the registering authorities. 

Mother Deed includes the change in ownership of the property, be it through sale, partition, gift or inheritance. It is very important that the Mother Deed records the references to previous ownership in a sequence and should be continuous and unbroken. In case of a missing sequence, one should refer to the records from the registering offices, revenue records or the recitals (preamble) in other documents. The sequence should be updated until the current owner.

Best Flat Registration in Bengaluru

3. Building approval plan:

What is building plan approval?

Building Plan Approval System helps in attaining the e-Governance by maintaining digitized versions of the documents. The Approval System standardizes thebuilding drawing plan process. Building Plan Approval System architects submit the plan on a CD by putting the basic data of a proposal on a ‘Single’ window.

A building owner has to get an approved plan from the jurisdictional Commissioner or an officer authorized by such Commissioner. However, the authorities sanction a building approval plan based on the zonal classification, road width, floor area ratio (FAR) and plot depth. A set of documents are required to be submitted by the owner in order to obtain a building approval plan. The documents include- Title Deed, property assessment extract, property PID number, city survey sketch (from the Department of Survey and Settlement and Land Records),

up-to-date tax paid receipt, earlier sanctioned plans (if any), property drawings, 2 copies of demand drafts, foundation certificate (if any) and a land use certificate issued by the competent authority (viz., Dy. Commissioner). It is mandatory that the building owner hires a registered architect who will draw a plan meeting the applicable bye laws. One can get a building approval plan within 4-5 working days if all the requirements are met, via the newly invented BBMP software- Automated Building Approval Plan.

4. Commencement Certificate (For under construction property): / Best Flat Registration in Bengaluru

A Commencement Certificate is a legal document issued by the local authorities after the inspection of the site. This document states that project meets the give criteria and helps in the commencement of a construction on a site by the builder. Failing to acquire a Commencement Certificate will result in the construction being considered illegal, levy penalties and can even attract an eviction notice.

5. Conversion Certificate (Agricultural to Non-Agricultural land) / Best Flat Registration in Bengaluru

With a vast amount of land being agricultural in nature in Karnataka, a Conversion Certificate is mandatory to be obtained from the legal body for the property. A Conversion Certificate is issued to change the use of the land from agricultural to non-agricultural purpose from the competent revenue authority. Further, the competent revenue authority requests the Department of Town and Country Planning to issue an NOC for the conversion of land for residential purpose.

There are a certain set of documents to be submitted by the owner to acquire a Conversion Certificate. The documents required to obtain a Conversion Certificate are;
3 copies of the R.T.C extracts, Village map, land sketch, certified copy of the land tribunal, zonal certificate, Title deed, no dues certificate by village accountant and Mutation Records (MR) copy.

6. Power of Attorney (POA):/ Best Flat Registration in Bengaluru

A POA is a legal procedure used to give authority to another person by the property owner on his/her behalf. One can either give a Special Power of Attorney (SPA) or a General Power of Attorney (GPA) to transfer one’s rights over one’s property.

7. Latest tax paid receipt: / Best Flat Registration in Bengaluru

Receipts for property tax bills ensure that taxes for the property are paid up-to-date to the government/municipality. For properties falling under the BBMP jurisdiction, it is mandatory for property taxes to be paid up to date so a buyer could get a Khata issued in his name. It is therefore important for the buyer to make enquiries with the government/municipal authorities to ensure that all the dues are cleared by the seller.

The buyer should ask the seller for the latest original tax paid receipts and bills and check the details of the owner’s name, the tax payer’s name, and the date of payment on the receipt. If the owner does not have the tax receipt, the buyer can contact the municipal body along with the survey number of the property to confirm the ownership of the land. Nevertheless, the buyer should also ensure that other bills such as the water bill, electricity bill etc. are paid up-to-date.

8. Completion Certificate (for a constructed property):

A Completion Certificate is issued by the municipal authorities denoting that the building is in compliance with their rules in terms of height, distance from the road, and is constructed as per the approved plans etc. This document is important at the time of purchasing a property and seeking a home loan.

9. Occupancy Certificate (for a constructed property):

When the builder applies for this Certificate, an inspection is carried out by the authorities to ensure that the construction meets all the specified norms. This certificate is obtained after the completion of the construction. It is important at the time of buying a property, seeking a home loan, before the builder allows people to take possession of the property and, for the transfer of Khata. Basically, it certifies that the project is ready for occupancy.

While it is important to seek all the above documents from the seller at the time of buying a property, it is also critical you deploy a competent property lawyer for vetting of the said documents. Specific advice should be sought about your specific circumstances.

Property registration in India involves the following steps: / Best Flat Registration in Bengaluru

1. Verification of the title of the property
2. Estimation of the property value
3. Preparation of the stamp papers
4. Getting the sale deed ready
5. Payment of the stamp duty & registration charges
6. Approach the Sub-Registrar for registration
7. Documents submission

The basic purpose of registration is to record the execution of the document. Only when you register the document, it becomes legal and the ownership, if any, is transferred to the right owner. In simple words, the notice of intimation will be filed only when an agreement between the lender and the loan applicant has not been registered. This intimation notice has to be sent within 30 days of purchasing the property.

Best Flat Registration in Bengaluru

Other Services

All types of Passport / All types of Pan Card / Aadhaar Card / Marriage Certificate / Court Marriage Register Marriage / Visa / HRD & MEA Apostille Attestation / Birth Certificate & Death Certificate / Affidavits & Notary / Income Certificate / Caste Certificate & Domicile Certificate / GST License & Trade License / RTO / Voter ID / Driving License / international Driving Licence / Bus Train Flight Tickets / Money Transfer / IT Returns / Business License / Ration Card/

Best Flat Registration in Bengaluru

Property Transfers / Property Registration / Property Legal / Gift Deed / Gpa Deed / Sale Deed / Property plan / Construction plan / Khatha Transfer / Property tax / Property Notice /

Best Flat Registration in Bengaluru

Labour License / Food License / Trade License / Import Export licence / Website Design & Development / Police clearance certificate PCC & Job And Background PVC / Domicile Certificate / Rental & Lease Agreements / Shop licence / Medical License / Company Registration / Firm Registration / Deeds / Family Tree / Gift Deed / GPA Deed / Sale deed / A1 officer Gazetted Attestation / Business License / Single Status Certificate / Bachelor Certificate / ISO Certification Registration / Trade Mark Certificate.

Best Flat Registration in Bengaluru