Maharashtra Property Registration 2024: Online New Registration Process

Maharashtra Property Registration | Encumbrance Certificate | Stamp Duty Charges | igrmaharashtra.gov.in

The department that is responsible for property registration in the State of Maharashtra is the Department of Registration and Stamp. Department of Registration and Stamp looks after the services that are related to property like registration of documents and issue of encumbrance certificate. The mission of the department is to effectively use modern technology to provide services of document registration and collection of stamp duty to the people using well-defined procedures.

Today in this article we are going to discuss everything about Maharashtra Property Registration like its important highlights, objectives, benefits, eligibility criteria, required documents, stamp duty, encumbrance certificate, the application process, contact details, etc. So to know more about Maharashtra Property Registration stay connected with us.

Maharashtra Property Registration

Maharashtra Property Registration

Property registration in India is governed by the Registration Act of 1908. Registering your immovable property should be the top priority when you buy a house, shop, or land as it provides your legitimacy to carry out any transaction. A person is considered the legal owner of a property only after he gets the property registered in his name. The Department of Registration and Stamp is liable for property registration in the state of Maharashtra.

Registration fees and stamp duty are not the same in all states of India so it’ll vary from state to state. The Stamp Duty is established on the agreement value or the market value and may vary from property to property and place to place. EC fees, document preparation charges, are other charges incurred.

Maharashtra Property Registration
Maharashtra Property Registration
Maharashtra Property Registration Highlights
About Maharashtra Property Registration
State Maharashtra
Department Department of Registration and Stamp
Benefits Registration of property will be done
Beneficiaries Residents of the state
Official Website Click here

Maharashtra Property Registration Purpose

The purpose of Maharashtra Property Registration is as follows:-

  • It serves for the proper recording of documents which provides more authenticity.
  • The basic purpose of registration is to record the ownership of the property.
  • To ensure the prevention of fraud, conservation of evidence, and transfer of title to the owner.
  • By registering property, the document will maintain an up-to-date public record.

Benefits of Maharashtra Property Registration

The benefits of Maharashtra Property Registration are as follows:-

  • Registration of property helps with the proper recording of documents which provides more authenticity.
  • By registering property, the document will maintain an up-to-date public record.
  • To ensure the prevention of fraud, conservation of evidence, and the transfer of title to the owner.

Documents Required 

Applicants need to have the following documents in order to register themselves on Maharashtra Property Registration:-

  • Aadhar Card
  • Verified copy of the original old sale deed.
  • No Objection Certificate under the Land Ceiling Act
  • Copy of the latest property register card
  • Copy of Municipal tax bill
  • Construction completion certificate
  • Recorded agreement between the builder and original purchaser of the building initially.
  • Passport-size photograph of both seller and buyer.

 Click Here For- Maharashtra Aaple Sarkar Portal ‎

Eligibility Criteria For Maharashtra Property Registration

The applicant needs to pass the following eligibility criteria in order to register themselves in Maharashtra Property Registration:-

  • Those who have landed in their names.
  • Those who are legal heirs of the deceased landowner.
  • Authorized signatory/ power of attorney.

What is stamp duty and registration in Maharashtra?

The stamp duty is the percentage of transaction value levied by the state government, on every registered scale. Stamp duty rates for various transactions in Maharashtra Property Registration are given below:-

Stamp Duty Charges
S.No Categories of Documents Stamp Duty
1
  1. Agreement
  2. Related to shares and securities
  3. Related to purchase or sale of bullion
  4. Development Rights Agreement
  1. 0.005% of the value of the security
  2. 0.005% of the value of gold or silver
  3. Same as in the event of a Conveyance as on the market value
2 Composition Deed Rs. 500
3
  1. Conveyance
  2. Movable Property
  3. Immovable Property
  4. Within the Municipal limits of any Municipal area.
  5. Within the limits of any Panchayat/ Municipal Council of any Municipal area within MMRDA.
  6. Within the limits of any Gram Panchayat.
  1. Rs 15/-
  2. Rs 500/- of market value
  3. 5% of the market value of the property.
  4. 4% on the market value of the property.
  5. 3% on the market value of the property.
4 Exchange The same duty as on the conveyance but on the market value of that property which has a higher cost.
5 Gift The same duty as on the conveyance. In case of a gift to the spouse, brother, sister, lineal ascendants, or descendants.
6 Indemnity Bond Rs. 500
7
  1. Power of attorney
  2. For the sole purpose of registration.
  3. For suits in small causes court.
  4. For acting in an individual transaction to one or more people.
  5. For performing in more than one transaction or normally to one person.
  6. For performing in one or more transactions or usually to one or more person.
  1. Rs500/-
  2. Rs500/-
  3. Rs500/-
  4. Rs500/-
  5. Rs500/-
8 Trust where there is the disposition of property for the charitable or ethical person 2% of the sum paid or the market value of the property.
9

Surrender of Lease

  1. without consideration
  2. with consideration
  1. Rs.200
  2. The similar duty as on conveyance on the amount of consideration
10 Cancellation Rs 500/-
11 Attorney(attestation, etc, by Notary Public) Rs 25/-

For more details click on the link given below:-

Registration Fee Table

Stamp Duty Calculator

Maharashtra Property Registration
Maharashtra Property Registration

Click Here :- Stamp Duty Refund Guide

Property Registration Process In Maharashtra

Follow the following steps in order to enroll yourself in Maharashtra Property Registration:-

  • Firstly you need to visit the Sub-Registrar office to collect the application form for the registration.
  • Now fill in the application form with appropriate details. Make sure that you fill in the details properly like Document details, Details of parties, Property details, Receive Application form.
  • After completing the application form give the presentation of documents of property registration along with the duly filled application form to the nearby Registrar’s office.
  • Then the verifying process will be processed by the Sub-Registrar.
  • Then the applicant has to provide payment of prescribed registration charges at the cash counter.
  • After making the payment the applicant will be provided with the e-Stamp, then the next step will be recording the photo and fingerprint of the applicant.
  • The sanctioning authority of the Sub-Registrar will issue the registration number as confirmation.
  • Then the registration deed will be affixed with the seals and signature of the sub-registrar.
  • You will be provided with the receipt as the confirmation of registration, the applicant has to produce the receipt to the Sub-Registrar Office.
  • Then the recorded documents will be scanned, and finally, the registered documents will be granted by the concerned authority of the Sub-Registrar office in the booked appointment time along with the copy of the generated report and appointment slip.
  • At last, you have to submit the printed appointment slip on the day and time of your scheduled appointment slot.

Property Registration Timing 

The entire process of property registration in Maharashtra will be completed, and the certified copy of the registered document will be issued within forty-five days from the date of application received.

Encumbrance Certificate

An encumbrance certificate is a certificate that is important while applying for a mortgage loan, selling land, and joint development, etc. The certificate certifies that the land does not have any legal dues. Offline process timing will be provided by the authorities, usually, it takes 15 to 20 days. The online process can be completed in two days’ time.

How to get your Encumbrance Certificate?

Follow the following steps in order to get your Encumbrance Certificate:-

  • Firstly applicant needs to go to the Sub-Registrar Office.
  • The applicant shall collect the appropriate application form for EC at the respective office complete the form with details and submit the same with a non-judicial stamp fixed along with documents to the respective authority as advised.
  • Authorities will announce the fees to be paid.
  • A receipt containing acknowledgment ID issued to the applicant.
  • This application request will be processed by the department.
  • Applicants will get an SMS informing the status of the application.
  • As per the notification, the applicant shall visit the office to collect the certificate.

Contact Details

If you come across any query regarding property registration then you can take help from the following details:-

Office of the Inspector General of Registration and Controller of Stamps,

  • Ground floor, Opposite Vidhan Bhavan(Council Hall)
  • New Administrative Building,
  • Pune 411001, Maharashtra, India
  • Phone:- 8888007777

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