property registration

If you are considering buying a home or a flat, always check that the land it is standing on has been classified as 'for residential use'. This simple check can save a lot of hassle later. Pic: Rameshng/Wikimedia Commons Reviewed by Prabhakar Shetty, practising advocate at the Karnataka High Court Buying property in Bengaluru can be confusing and risky - there are multiple authorities for land use approvals, obscure rules, and the finer details are often missed out. In this article, we explain what buyers and investors should know about different land types and the authorities regulating each. Following are…

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Lack of occupancy certifcate might mean your dreamhome might have certain violations too. File pic. “We are happy to inform you that your dream home is ready for possession and registration. Handover & registration process will be initiated on receipt of the balance payment. We wish you a comfortable stay in your new apartment.”  This is the news you have been waiting for! Ever since the day that you booked the apartment, three years ago, you have been saving and planning to fulfil the dream of your very own home. This email is soon followed by the Final Payment Request Letter…

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The Stamps and Registration Department, as an annual exercise, is in the process of revising the guidance values of all commercial and residential units in Bangalore Urban, Rural and Ramanagara district. Latest update: Look upwards; pay more!How has the new guidance value affected the realty market in Bangalore? What is the new guidance value criteria for apartment? Click here to read. Last year, the Department received 19 lakh property registrations from April 1, 2012 to March 31, 2013, in all 47 sub registrar offices and realised an amount of Rs 5.265 crore. Of this, 17% of the applications were from…

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1. Apply for Encumbrance Certificate (EC) for your flat. It should be for a period of at least a year. You will need to fill Form 22 - available free of cost at sub-registrar office itself. The cost of EC is Rs. 35 for one year. You will need to go back after a day or two to collect the EC.2. Get a khata application form (costs Rs. 10) plus copies of 5 documents (betterment charges receipt, building sanction letters, title certificate, sketch of layout)3. Get copies of the following notarised: Sale deed, Form III (if you have), Possession Certificate…

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There has been confusion over the past few years on BBMP's issue of khatas, especially for properties awaiting 'regularisation' under Akrama/Sakrama. This guide presents the latest information on getting your khata. Republication of this guide without express permission from Citizen Matters is prohibited. See here for requesting permissions. If you own a property in Bengaluru – vacant site, indepedent house or an apartment – and are looking to apply for a khata, here's what you need to do register for one. To begin with, one needs to know what a khata is and why you need to register for it.…

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