What are the procedure for land registration in Kerala?
How to Register Land in Kerala : A Step-by-Step Guide
- Identify the Property.
- Get a Legal Opinion.
- Obtain the Encumbrance Certificate.
- Check the Revenue Records / Mutation Details.
- Sign the Agreement to register land in Kerala.
- Register the Agreement.
- Buy Stamp Paper in the Buyer’s name and Pay Stamp Duty.
What are the documents to be checked before buying a land in Kerala?
Here is a look at some documents you need to look out for:
- Title Deed.
- Property details.
- Tax receipts.
- Encumbrance certificate.
- Agreement of Sale.
- Sales Deed.
- Registration.
What is process of land registration?
Property registration in India involves the following steps:
- Verification of the title of the property.
- Estimation of the property value.
- Preparation of the stamp papers.
- Getting the sale deed ready.
- Payment of the stamp duty & registration charges.
- Approach the Sub-Registrar for registration.
- Documents submission.
How much does it cost to register a land in Kerala?
As per the Indian Stamp Act 1899, paying stamp duty as a tax is payable to the government on specific documents and is mandatory….Stamp Duty and Registration Charges in Kerala.
Ownership | Stamp Duty | Registration Charges |
---|---|---|
Male | 8% | 2% |
Joint ownership (Female + Female) | 8% | 2% |
Is PAN card mandatory for land registration?
Pan Card For Property Registration: Is It Mandatory? In India, if an individual wants to proceed with any real estate property transactions, then it is mandatory for them to provide their PAN (Permanent Account Number) Card details.
What is property registration document?
Property registration is the complete and final document or agreement that is signed by the two parties involved in the deal of property. The property registration document is a complete and final agreement that is signed between two parties. Registration of property in India is regulated by the Registration Act, 1908.
What are the documents required for Pokkuvaravu in Kerala?
Affidavit on stamp paper of requisite value. Receipt of up-to-date property tax payment. Address proof – Ration Card. Identity Proof – Aadhaar Card.
What is land registry documents?
It contains a description of the property, its tenure, name and address of the current owners, purchase price (if bought after April 2000), name & address of mortgagee and details of other charges, covenants, easements, cautions, notices and restrictions.
How are registry fees calculated?
Generally, 1% of the property’s total market value is charged as the registration charge. For example, if a person wishes to buy a property worth Rs. 60 lakh in Delhi where the stamp duty rate is 6%, he or she has to pay Rs. 3.6 lakh as stamp duty while Rs.
Can I buy property without PAN card?
To buy a property they do not necessarily need a PAN Card as per rule 114C. In case of selling a property or possession of any immovable property, an NRI has to pay the tax levied on the accrued income for which they also need to quote their PAN Card.
How to register a property in Kerala?
Before you finalize everything with the owner (seller), you need to hire a lawyer who specializes in Kerala land registration rules, to get a legal title report of your property that you have premeditated to purchase and he can also gave a detailed steps for the property registration.
How to obtain encumbrance certificate after land registration in Kerala?
Thankfully, you can obtain your encumbrance certificate online after the land registration in Kerala is done. Therefore, here are a few steps that will help you guide you through the process: Fill in the details and fulfill the payment.
Do you need to be cautious when buying land in Kerala?
But this is not something you need to get carried away, you need to be cautious and make wise decisions. You need to have knowledge of the complete process and how to acquire the land successfully without any hassles. For Kerala Property Registration you need to know all sorts of rules and regulations abided by Kerala Land Registration Department.
How many applications received for Document registration in Kerala last year?
As per the data with the registration department, over 7.83 lakh applications for document registration were received in Kerala in the last financial year. Now, property buyers in the state can register property transactions at any sub-registrar’s office within a district.