Registration of the property is that lawful process that ascertains the ownership of your property and is put on record with the authorities in Bangalore. Knowing how to go through the registration process of properties in Bangalore protects buyers from many legal battles and lawsuits down the lane. Here’s a step-by-step guide on property registration in Bangalore right from charges to documents required.
The Property Registration Process in Bangalore
The property registration process in Bangalore includes legal formalities for the title transfer of a property between a seller and a buyer. It is one of the most important steps during the property transaction process. With registration, the rights that a buyer has over the property are legally safeguarded. Be it an apartment, flat, or even a commercial property, the procedures are the same. Let’s break it down into straightforward steps so that navigating this process of property registration in Bangalore will become easier for you.
Online Property Registration Process in Bangalore
In the modern digital world, the Karnataka government has also launched an online platform through which the entire process of registration can be completed. This online registration system has made it easy and quick for property owners to register their properties without having to make multiple visits to government offices. Here’s how you can do it:
- Official Website Visit: Karnataka State’s Official Web site of the Department of Stamps and Registration
- Registration: Generate User ID – User registration as a new user and generate user ID and password.
- Property Details Fill in the below: All the details related to the property like what is to be sold (it could be an apartment, flat, land, etc.) and the location of that and the sale agreement.
- E-Stamping: Pay Stamp Duty and other Registration charges by using available modes.
- Uploading of Documents: All the necessary documents are uploaded including the sale deed that is signed, an Aadhar card, photographs, etc.
- Appointment: There is a selection of the date and time for verification of the documents at the sub-registrar’s office.
- Document Verification: After selecting the date and time for the verification of the documents, you will present the originals at the sub-registrar’s office for verification.
- Final Registration: Once the verification of the documents is completed, your property will be registered, and there will be a copy of the registered sale deed.
Offline Property Registration Process in Bangalore
Even though online registration is available and simplified, many like to do property registration offline. Here’s how you can do it offline in Bangalore.
- Visit the sub-registrar’s Office: Simply visit the nearest sub-registrar office in which property registrations are done. You can search for the list of such offices online at the government website.
- Arrange the sale deed and documents: All the important property details, buyer details, and seller details are supposed to be included in such documents. This type of deed should be signed in the presence of at least two witnesses by both the seller and the buyer.
- Stamp Duty and Charges: Stamp duty is paid on the sale deed based on the higher value between property value or market value. Charges are paid at the sub-registrar office.
- Submit documents: The following documents are to be submitted signed and attested to the office: Sale Deed Identity Proof Address Proof.
- Verification: The sub-registrar shall verify the documents and may request any other paperwork if so required.
- Final Registration: After that, the property is made legal, and a registered copy of the sale deed is distributed.
Required Documents for Property Registration in Bangalore
Ensuring easy-going property registration in Bangalore is ensured by having the required documentation ready. To be counted among the necessary ones for such a process are:
- Sale Deed: The original signed copy of the sale deed contains all the details of the transaction.
- Proof of Identity: Government-issued ID proof, such as an Aadhar card voter ID, or even a passport.
- Proof of Address: Utility bills, bank statements, or ration cards showing the address of the buyer.
- Title Deed: Property Title Deed: If it is not the first sale, then a title deed would be required. You might be asked to submit the title deed or previous registration documents.
- Photographs: Passport-size photograph of the buyer and seller.
- PAN Card: PAN card of the buyer and seller.
- Khata Certificate and Khata Extract: These are important documents with a Bangalore property owner, which show ownership of the property.
- Encumbrance Certificate: That certificate stating the legal status of that property, and any loans or liabilities connected with it.
Property Registration Charges in Bangalore
The Bangalore government sets the charges for property registration, including stamp duty, registration fees, and other miscellaneous charges. Such charges differ according to the type of property, its value, and location. Here is a breakdown of the usual charges:
- For male buyers, the stamp duty would be 5% of market value or agreement value-whatever is higher.
- For female buyers, Stamp Duty would be 4% of the market value or the agreement value, whichever is higher.
- Stamp duty for properties located in rural areas of Bangalore would vary.
In general, registration charges are taken at 1% of the market value of the property.
- Apartment Registration Charges in Bangalore:
The apartment registration charges in Bangalore are similar to other properties. It is based on the market value.
- Flat Registration Charges in Bangalore:
For flats, the registration charges are the same as for apartments. It is the same percentage.
There may be some other charges applicable for services like e-stamping, document verification, and certification.
Why Choose Srimass Associate for the Property Registration Process
The right service agency in property registration is important to avoid most importantly delays and potential legal issues. Srimass Associate is one of the top consultants from Bangalore for property registration. Here’s why you should consider them:
- Expertise and Experience: Srimass Associate has years of experience in managing property registration processes and making sure that everything is done right.
- Transparent Process: They provide transparent guidance on all the procedures related to registering the property, including the cost expenses.
- Fast and Efficient Services: Srimass Associate takes special care to ensure that it has carried out the registration within a very short period. Therefore, there is no hassle for the client.
- Personalized Support: Their team offers personalized support along the registration process from collecting the documents through final registration.
- Legal Support: It has legal support provided by Srimass Associate so that your property transaction is complication-free.
Key Benefits of Property Registration with Srimass Associate
- Reduced Fraud Risk: Srimass Associate ensures that you do not risk disputes in the registration of your property since fraud risk is reduced.
- Legal Counseling: Srimass provides professional legal counseling on matters of law while ensuring that all your documentation is in place and that your rights on your property are fully protected.
- Hassle-free Process: Srimass Associate will handle all the paperwork and processes to ensure the registration is as hassle-free as possible for you.
- Competitive Fees: This firm also offers competitive fees to clients who need the services in property registration for value for money.
On-Site Support: Srimass will provide you with on-site support in validating the documents submitted. They ensure that everything is in order before finalizing the registration process.
