After buying a property and paying the stamp duty applicable, the buyer can register the purchase within four months of the agreement. Registrations done after this period, that is in the fifth month, are charged a penalty of 2 ½ times the registration fee; in the sixth month the penalty would be five times the registration fee; in the eighth month the penalty would be ten times the registration fee; but in the ninth month there is no penalty.
In general, buyers and sellers should go for registration. However, in case a property was purchased a long time back and the seller is not available, or is not ready to come forward for the registration, the purchaser has right to register the property by making a declaration.
Pictures of the event.