Property registration

It depends on the buyer's choice, as family settlement deed needs no registration, and depending on such mutation entries and giving physical possession immediately, the buyer may opt after publishing such notice in the newspaper of his intention to purchase that property to the extent of ..in Survey no/House No............at, being in possession and enjoyment of Sri................through an unregistered family settlement deed with other co shares for the original owner deceased..........................

In the case of an immovable property only the owner/s can legally sell or transfer the property. If it is required to be legally transferred on the basis of family arrangements these have to be registered first. 

Family settlement need not be compulsory registration, however, it is better to get it registered.