Land Registry in India is mainly taken care of by the individual authorities of the different states. Different states have different charges for the land registration process. But as a matter of fact the charges do not vary very much. The charges involved in the land registration process remain more less the same with some marginal differences.
Different steps and costs involved in Land registration
The first step of land registration which involves searching documents pertaining to the concerned land property in the Sub-Registrar of Assurance may cost you around Rs 10,000.
The next stage of land registration which involves the preparation of sale documents by the purchase lawyers may cost you around Rs 18,000 to 21,000.
In the third step you will have to make a payment for Stamp Duty on the final Sale Deed. The amount that you pay for the cost of Stamp Duty is around five percent of the value of concerned land. This amount is generally required to be deposited at a bank.
The fourth step of land registration involves the submitting the documents verifying the real estate transaction that occurs between you (buyer) and the seller of the land. This is done to execute the final sale deed. The charges that you will need to pay for this purpose at the office of Sub-Registrar of Assurance may be around Rs 30,000. Besides this, you will also have to shell out certain additional money for the scanning of the sale deed.
In the third step you will have to make a payment for Stamp Duty on the final Sale Deed. The amount that you pay for the cost of Stamp Duty is around five percent of the value of concerned land. This amount is generally required to be deposited at a bank.
The fourth step of land registration involves the submitting the documents verifying the real estate transaction that occurs between you (buyer) and the seller of the land. This is done to execute the final sale deed. The charges that you will need to pay for this purpose at the office of Sub-Registrar of Assurance may be around Rs 30,000. Besides this, you will also have to shell out certain additional money for the scanning of the sale deed.
In the fifth step you will have to visit the municipal authority for mutation of the Title of the concerned land, which may again cost you around Rs 300.
How To Apply For Duplicate Land Registration Certificate
The duplicate land certificate needs to be obtained in case of loss or damaged of the original one. As per rule 128, this is required only when the lodgement date is given precedence. This has to be with the land certificate.
1. In the case of the certificate of the land been destroyed or lost, a duplicate certificate needs to be obtained from the office through proper and relevant paper works.
2. If the certificate of land is with some one else, then through the application, one can get the certificate produced.
3. Through proper application and process a duplicate certificate could be obtained if the same is with another person who is absconding or is staying away from Northern Ireland.
In case of the land certificate in original is destroyed or lost, the process of application to obtain a duplicate one.
If the certificate is not destroyed actually, then
If the certificate is not destroyed actually, then
1. No complaint is lodged in the registry.
2. Information to interested parties should be given.
3. The bank and the local solicitors should be approached and all necessary enquiries should be made.
4. Advertisement should be given to notify the loss of the certificate.
2. Information to interested parties should be given.
3. The bank and the local solicitors should be approached and all necessary enquiries should be made.
4. Advertisement should be given to notify the loss of the certificate.
One should bear in mind that the advertisement could be done in two ways. First one being personally, where the banks may not see the same and secondly through the solicitor. With the second option, the advertisement is not required to be produced to the registry office.
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