Punjab Property Registration, Stamp Duty 2023: Encumbrance Certificate

Punjab Property Registration | Stamp Duty Details | Encumbrance Certificate Application Form

The department that is responsible for property registration in the state of Punjab is the department of Revenue, Rehabilitation, and Disaster Management. Department of Revenue, Rehabilitation, and Disaster Management look 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 everythirrng about Punjab 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 Punjab Property Registration stay connected with us.

Punjab 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 Revenue, Rehabilitation, and Disaster Management are liable for property registration in the State of Punjab.

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

Punjab Property Registration Objectives

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

• Punjab Property Registration serves for the proper recording of documents which provides more authenticity.
• The basic purpose of Punjab 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.

Benefits

The benefits availed under Punjab 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 Punjab Property Registration:-

• Aadhaar Card
• PAN Card
• Map of Land
• Property Card
• Encumbrance Certificate
• The original document bearing the signature of all parties.
• Property details (survey number, surrounding land details, size of the land, etc)
• Challan/DD evidencing payment of full stamp duty, transfer duty (if any), Registration fee, and user charges.
• Proof of Identity of both seller and buyer and also the witness.
• Power of attorney (If a real estate agent or an individual in between seller and buyer)
• Original Id proof and address proof to display before the registrar.
• Deed/Document to be registered (in case of partition or settlement or gift etc).
• Valuation Certificate issued by the concerned Tahsildar (as per requirement)

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Eligibility Criteria

The applicant needs to pass the following eligibility criteria to register themselves on Punjab 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 Punjab 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. Stamp Duty charges in Punjab have been increased to 7%. If there is a mutual exchange of property in a family, the executors will have to pay Rs 900 as stamp duty. In case a property is transferred to a blood relation, no stamp duty liability arises.

The rate of stamp duty and registration of immovable property registration in Madhya Pradesh is tabulated below:-

Stamp Duty for Women

If a property is registered in the name of the woman then the buyer needs to pay less stamp duty,  women buyers have to pay 5% of the property cost as stamp duty.

Punjab Registration Fees PDF

Document wise Detail of Stamp Duty

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. The Encumbrance certificate will be issued within six working days from the date of application.

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.

Documents Required for Encumbrance Certificate

Documents required for obtaining Encumbrance Certificate are as follows:-

• Income certificate.
• Identity Proof such as Aadhar card/ PAN card.
• Residence Proof such as Voter ID, Driving License, Electricity Bill.
• Application stamped with Rs.1.25 court fee.
• Proforma NEC
• Affidavit
• Report of Halqa patwari.

How to get your Encumbrance Certificate?

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

• To apply for the Encumbrance Certificate applicant need to go to the Sub-Registrar Office where the land is registered.
• Then the applicant needs to collect the application form for the Encumbrance Certificate at the respective sub-registrar office.
• Fill in the form carefully with details and submit the same with a non-judicial stamp affixed along with required documents to the respective authority as advised. Do crosscheck it.
• Authorities will announce the fees to be paid. Please pay as advised
• A Receipt containing an Acknowledgement ID is issued to the applicant.
• This application request will be processed by the department.
• SMS is triggered to the applicants informing the status of the application.
• As per the notification, the applicant shall visit the office to collect the certificate

Punjab Encumbrance Certificate Application Form

Fee for Encumbrance Certificate

Charges that the applicant need to pay are as follows:-

• The charge that has to be paid by the applicant is Rs.100/- and additionally, he/ she has to pay an application fee of Rs.2/-. There are different prescribed payments as per the period. They are as follows.
• If the applicant is availing of the encumbrance certificate for the current year, then he/she has to remit a fee of Rs.20/-.
• If the applicant is availing of the encumbrance certificate for every subsequent year, then he/she has to pay a fee of Rs 10 additionally.

Application Process for Property Registration

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

Online Process:-

• Punjab Government has introduced an online system for property registration procedures for which you have to click here- online link

• A page will open in front of you on which to have to click on the “log in” tab.
• If you are a new user then use the “Register” tab to register and then log in.

• Now use the login credentials to log in by hitting the “Get OTP” tab and please follow as per page prompt.

• Once login, the applicant should complete the page prompt for property details, personal details, uploading of all the required documents as applicable, and then appointment to process in person at sub-registrar office by hitting respective tab at each session as provided.
• Then the user will get an appointment and acknowledgment.
• Please complete the stamp paper purchase as per requirement.
• For Registration, personally submit a printout of the Report along with related documents to the Sub Registrar Office in exact time and date which is displayed in your acknowledgment slip, and follow as per authorities guidelines to register the property.
• In this way, your registration will complete.

Offline Process:-

• Firstly the applicant needs to go to 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.

Contact Details

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

Office of Directorate of Land Records,

Department of Revenue,
Rehabilitation & Disaster Management

• National Highway 21, Kurali Chandigarh Rd,
• Kurali, Punjab 140103
• Land Line : +91-172-2740736
• Email ID: [email protected]

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