The Complete Guide to Villa Registration: Everything You Need to Know Before Buying
Home buying is usually a happy and lifelong goal for most people in India, and for buying homes or any property, registration is an important part of the entire home-buying process. It’s somehow easy to choose a home of our choice, but the difficult part is becoming a lawful owner. Whether you are buying, renting, leasing, or selling property, Section 17 of the Indian Registration Act 1908 states that it is compulsory to register all required documents. So homebuyers need to be more aware of providing clear paperwork and legal issues and choose the correct professional to help in this field. So, if you are looking for a villa for sale in Siruseri, the paperwork and legal issues could confuse various home buyers. It is always advised to get assistance from a real estate agent, a professional, or a good broker.
Process of Registering Property
Property registration is compulsory for everyone in India who tries to buy, sell, rent or lease any property. However, particularly in Tamil Nadu, there are few steps to be followed to register their property. Thus, if you are thinking of buying land for sale in Siruseri, then check out the below steps:
- Document Collection: Gather the necessary documents, including the sale deed, identity proofs (Aadhaar card, PAN card), address proofs, Patta (land record) documents, and passport-sized photographs of all parties involved (buyer, seller, witnesses).
- Patta Transfer: Obtain a Patta transfer form from the Sub-Registrar’s office (SRO) and fill it out.
- Stamp Duty Payment: Calculate and pay stamp duty, a tax levied on property transactions. The amount depends on the property value. You can pay online through designated banks or at the SRO using cash/demand draft/electronic transfers.
- Registration Fee: Pay the registration fee at the SRO.
- SRO Visit: Visit the SRO with the seller, witnesses, and all documents. The registering officer will verify them and witness the signing of the sale deed.
Documents Needed for Property Registration
So if you want to buy plots in Tamil Nadu, especially if you are looking for a Villa in Siruseri, then you should have the following documents for property registration:
- Sale Deed: This is the most important document, and it transfers ownership of the property from the seller to the buyer. The sale deed needs to be stamped and registered with the sub-registrar’s office.
- Encumbrance Certificate (EC): This certificate confirms the property’s freedom from legal or financial burdens like mortgages or liens. To acquire it, apply at the sub-registrar’s office. The suggested validity is 15 years (33 for government-owned).
- Identity Proof: Both the buyer and seller must provide valid identification proof such as an AADHAAR card, passport, or driver’s license.
- Address Proof: Address proof documents, such as utility bills or rental agreements, are required to verify the residential address of the parties involved.
- PAN Card: A PAN card is mandatory for property registration purposes.
- Patta Chitta (Land Records): This document contains details about the property, such as its size, location, and ownership. You can obtain a copy of the Patta Chitta from the local taluk office.
- Pattadar Passbook: This is the passbook for property tax payments.
- Passport-sized photographs: Two passport-sized photographs of the buyer, seller, and witnesses are required.
- Challan/ Demand Draft (DD): You will need to pay stamp duty, transfer duty (if applicable), registration fee, and user charges. The challan or DD should be in the name of the sub-registrar’s office.
- No Objection Certificate (NOC): This may be required from any society or association if the property is part of a housing society.
- Power of Attorney (POA): If a person is representing either party (buyer or seller), a Power of Attorney (POA) is required.
Online Land Registration
Land registration in Tamil Nadu doesn’t offer complete online land registration, but their TNREGINET portal simplifies the process by allowing online appointments and document submission. Here’s a breakdown of the process:
Preparation:
- Documents: Gather necessary documents like ID proof (Aadhaar, Passport etc.), address proof, PAN card, sale deed (stamped and signed), and Patta transfer application with court fee [IndiaFilings].
- TNREGINET Registration: Visit the TNREGINET portal and register yourself.
Online Process:
- Schedule Appointment: Use TNREGINET to schedule an appointment at your Sub-Registrar’s Office (SRO) for document verification and registration.
- Upload Documents: Upload scanned copies of the required documents through TNREGINET.
Offline Process (At SRO):
- Visit SRO: On your appointment date, visit the SRO with the original documents and the parties involved (buyer, seller, witnesses).
- Verification and Registration: The SRO officer will verify the documents, collect any applicable fees, and finalize the registration process.
Conclusion:
In conclusion, property registration in India, particularly in states like Tamil Nadu, is a vital step in the home-buying process, ensuring legal ownership. With correct document preparation and preparation of legal procedures, potential homebuyers can understand the complex procedure effectively. Seeking assistance from professionals is advisable for a smooth transaction, especially when people buy a Villa for sale in Siruseri.