Odisha Property Registration, Stamp duty 2021: Encumbrance Certificate

Odisha Property Registration | Encumbrance Certificate | Stamp Duty | Registration Process

The department that is responsible for property registration in the state of Odisha is the Department of Revenue and Disaster Management. Department of Revenue and Disaster Management looks after the services that are related to property like registration of documents and issue of encumbrance certificate.

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

Odisha Property Registration
Odisha Property Registration

Odisha Property Registration

Property Registration in India is governed by the Registration Act of 1908. Odisha Property Registration process is governed by the Registration (Odisha Amendment) Act, 2013. 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 Revenue and Disaster Management is liable for property registration in the State of Odisha.

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. The process for Odisha Property Registration involves the preparation of documents, stamp and registration charge, etc. EC fees, Document Preparation charges are other charges incurred.

Odisha Property Registration Highlights
About Odisha Property Registration
State Odisha
Department The Revenue & Disaster Management Department
Benefit Registration of property will be done
Beneficiaries Residents of the state
Official Website Click Here

Section 17 Registration ( Odisha Amendment) Act 

Section 17 Registration (Odisha Amendment) Act looks after the different categories of the deed for which registration is obligatory. Below are some following types of deed that are needed to be compulsorily registered:-

  • Instruments that extinguish or title to a property of a value of above one hundred rupees.
  • Instruments of the gift of immovable property.
  • Lease of immovable property of any term exceeding one year or from year to year.

Section 18 Registration ( Odisha Amendment ) Act

Section 18 Registration ( Odisha Amendment) Act looks after the deeds of which registration is optional. Below are some following types of deeds:-

  • Lease of immovable property for less than 12 months.
  •  Instruments other than wills and gifts relating to the transfer of immovable property, the value of which should be less than Rs 100.
  • Instruments are acknowledging payment of any consideration.
  • Instruments are transferring any order of a court where the subject matter is immovable property, the value of which should be less than one hundred rupees.

Registration ( Odisha Amendment) Act, 2013

Registration (Odisha Amendment ) Act helps us in providing details regarding the method of registering documents, information regarding the legal rights and obligations affecting the particulars of immovable property. According to this act, the immovable property includes land, buildings, lights, and fisheries.

Indian Stamp (Odisha Amendment) Act 2014

  The Indian Stamp (Odisha Amendment) Act, 2013

  The Indian Stamp (Odisha Amendment)  Act, 2012

  The Indian Stamp (Orissa Amendment) Act, 2008

Odisha Property Registration Objectives

The main objectives of Odisha Property Registration are as follows:-

  • Odisha Property Registration serves for the proper recording of documents which provides more authenticity.
  • The basic purpose of Odisha Property Registration is to record the ownership of the property.
  • To ensure prevention of fraud, conservation of evidence, transfer of title to the owner.
  • By registering property, the document will maintain an up-to-date public record.
  • The document registration will be a permanent public record once it’s registered with the concerned office.
  • Registration public records can be inspected by anyone.

Click Here For:- Online ROR, Map Land Record Bhunaksha Odisha

Benefits

The benefits availed under Odisha Property Registration are as follows:-

  • Registration of property helps for 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, the transfer of title to the owner.

Documents Required

Applicant needs to have following documents in order to register themselves on Odisha Property Registration:-

  • Aadhaar Card, Driving License, PAN Card, EPIC or Passport
  • Encumbrance Certificate
  • Documents relating to the ownership of the transacted property
  • Three passport size photographs of all the executants and claimants
  • Copy of PAN card of the executants and claimants (if the document is valued more than 10 lakh)
  • In the absence of a PAN card, Form No 60 under Income Tax Act.
  • Declaration in prescribed format duly signed by the transferor and transferee, if no building or structure exists on the transacted property.
  • Declaration in prescribed format duly signed by the transferor and transferee, if any house or structure exists on the transacted property.
  • Registered Power of Attorney and Photo identity proof document of the Attorney Holder.
  • Requisite permission from the Revenue Officer when an ST/SC person transfers the property in favor of a non-ST/SC person.
  • NOC issued by the Competent Authority of Endowments for transfer of property belonging to the deity.

Eligibility Criteria

The applicant needs to pass the following eligibility criteria to register themselves on Odisha Property Registration:-

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

Validity

  • The Odisha Property Registration is valid till the land is sold to someone.

Stamp Duty

The stamp duty is the percentage of transaction value levied by the state government, on every registered scale. The rate of stamp duty payable for property registration in Odisha is 5% of the market value of land for all citizens except women. Women have to pay less stamp duty during property deals in their names and the rate of property registration is 4% of the market value of the land.

The rate of stamp duty and registration of immovable property registration in Odisha are tabulated here:-

Stamp Duty and Registration Charges
S.No Deed Registration Fee Stamp Duty
1 Sale Deed 2% of the consideration money 5% of the consideration money
2 Agreement 2% of the agreement value 10/-
3 Adoption 300/- 250/-
4 Affidavit 50/- 10/-
5 Bond 2% of bond value 2% of the value
6 Cancellation 200/- 150/-
7 Lease for up to 5 years 2% of the consideration money 2% of the consideration money
8 Lease for more than 5 years 2% of the consideration 5% of the consideration
9 Partnership 2% of the capital value 200/-
10 Power of attorney 250/- 100/-
11 Mortgage 2% of the loan 2% of the loan
12 Re-conveyance of mortgage 2% of the loan value, 0.5% of the loan value in the case of agricultural loan 50/-
13 Will 300/- Nill
14 Trust 500/- 100/-

Click Here For:- e-Registration-fee-detail

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.

Encumbrance Certificate Benefits

Benefits availed from the encumbrance certificate are as follows:-

  • Encumbrance certificated plays an important role in applying for a home loan from the banks.
  • The Encumbrance Certificate is mandatory when one wants to buy or sell a property.
  • It also acts as evidence that the property is free from legal liabilities.
  • The encumbrance certificate ensures to know about the past transactions of property at the time of purchase of the property.

Application Fee for Encumbrance Certificate

  • The application fee for the encumbrance certificate is:-
Odisha Property Registration
Odisha Property Registration

How to get your Encumbrance Certificate?

Follow the following steps in order to get your Encumbrance Certificate for Odisha Property Registration:-

  • Firstly applicant needs to go to the official website.
  • From the services menu select encumbrance certificate, then it will redirect you to the new page.
  • Then the applicant has to register himself, by filling in each and every detail carefully like name, date of birth, email id, password.
  • After providing captcha code click on submit applicant can log in by using a username and password.
  • Provide property-related details like District and SRO detail where the property is located and click on save.
  • Sub Register office details need to be provided. The applicant can save the details by clicking on the save and next button.
  • The applicant needs to enter details of the property-related details such as Taluk, Village, and area of measurement.
  • Once the applicant has entered the Period for which the EC is needed, click on calculate the fee.
  • After entering the details mentioned above, the computer will calculate the fee details automatically and display them on the screen.
  • After a successful payment, the applicant will receive a receipt, and the task redirects to the concerned Sub-registrar’s login.
  • After the submission of the application for EC online and paying the prescribed fees, the concerned SRO will process the encumbrance certificate and issue the same.
  • Provide the application number and click on search, the application status will be displayed.
  • Once the DSR or SR approves the request, the encumbrance certificate will be digitally signed by Sub-Registrar. The applicant can download a digitally signed Encumbrance certificate from the Documentary Repository.

Application Process For Property Registration

Follow the following steps in order to register yourself for Odisha Property Registration:-

Online Process:-

  • Firstly the applicant needs to go to the official website.
Odisha Property Registration
Odisha Property Registration
  • Users can use the “Model Deed” option provided under the “Ease of Doing Business” session on the right part of the screen to download the deed format for registration on the given page.
  • Users can use the “Regd. & Stamp Duty Calculator” option provided under the “Ease of Doing Business” session on the right part of the screen to get to the next page. Here complete the page prompts and hit the respective tab for stamp duty details to know the amount.
  • On the home page, please select the “Online Property/Document Submission” option provided under the “Online services” session on the right part of the screen to get to the next page.
  • Now use the “Existing User Login” to get the login page. Here login using credentials by hitting the “Login” tab.
  • If you are a new user then use the “New User Login” tab to register and then login.
  • Once login, the applicant should fill in the details like property details, personal details, uploading of all documents as applicable, and then payment of required fees as generated through payment gateway by hitting respective tab at each session as provided.
  • As a result of the above steps, the user will get an e-challan.
  • Now user shall book a slot for visiting the Sub-registrar office to process the registration.
  • Now we have an e-challan and receipt of online transactions and schedule for registration.
  • For Registration, personally submit a printout of the Report along with related documents to the Sub Registrar Office in the exact time and date which is displayed in your acknowledgment slip, and follow as per authorities guidelines to register the property.
  • In this way, you’ll be able to complete your Odisha Property Registration.

Offline Process:-

  • Firstly the applicant has to go to the respective Sub-registrar office and has to approach the Sub-registrar office and confirm the date for registration.
  • Procure stamp paper for registration of land as per the arrived land value. The land valuation will be calculated based on the government value for the said area.
  • On the scheduled date, the buyer, seller, and witnesses should go to the registrar’s office and wait for their turn.
  • On their scheduled slot, please follow as per authorities guidelines to process.
  • Please produce your ID in original before the registrar along with the DD for the said amount to be paid to the seller.
  • After verifying the details in person, the registrar will sign the respective order.
  • The buyer, seller, the witness should sign the registry as well as in the advised places of the document to finish the registration.
  • In this, you’ll be able to complete your Odisha Property Registration.

Contact Details

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

Inspector General of Registration Odisha

  • 2nd-floor, Board of Revenue Building
  • ChandinChowk, Cuttack (Odisha) -753002.
  • Land Line : (+91)7894438202 (+91)7894438220
  • Email ID: [email protected]

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