How to Register Land / Property in Maharashtra

Registration means recording of the content of a document with a registering officer and preservation of the copies of the original document. The documents are registered for the purpose of conservation of evidence, assurance of title, public documents and prevention of any disputes. Also, registration helps an intending purchaser to know if the title of a particular property have been deposited with any person or financial institution for the purpose of obtaining an advance against the security of that property.

All documents pertaining to properties, either movable or immovable, are required to be registered under Sections 17 and 18 of the Registration Act, 1908, so that the properties can be transferred, if need be, under the Transfer Act, 1882.

Procedure

No application is required, only the fully stamped document along with the paper required according to the nature of the document, is to be presented before the Sub-Registrar within the prescribed time limit, i.e., within 4 months from the date of execution, under Section 23 of the Indian Registration Act, 1908.

Necessary documents/papers

Documents required for the registration of the Sale Deed are: the Completion Certificate or Commencement Certificate, if the building has been constructed after 1990, and for buildings constructed before 1990, the Assessment Tax Bill (Property Tax Bill) and Societies letter, and many other documents relating to that type of document, the likely ULC order, Collector's NOC, Property Card, etc.

Fee

• As per the valuation, the registration fee is to be paid as prescribed in the Registration Act, 1908, which is 1% of the market value or upto a maximum of Rs.30,000/-, which is accepted by a Challan, paying cash in the Reserve Bank of India or by Pay Order, and the Stamp Duty is calculated as per Ready Beckoner's rate, which is decided according to the Division of Property and Cadastral Survey No. or CTS No. of the property.
• The executant of the Deed and two witnesses are required while presenting/ lodging of the Deed for registration.
• One photocopy of the Deed, along with butter paper, is required while presenting the Deed for registration.
• The total registration procedure is of about 30 minutes and on the same day the document will be delivered to the concerned party.

Complaint Redressal Authority

• The Inspector General of Registration and the Controller of Stamps, Pune.
• The Collector of Mumbai city and District Registration.
• The Deputy Inspector General of Registration and the Deputy Controller of Stamps, Mumbai.
• The Sub-Registrar and the Administrative Office, Mumbai District, Mumbai.