The Registration Process of Real Estate in Noida- Must Check!

By Investoxpert | 25 Aug 2021 | Real Estate

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The Registration Process of Real Estate in Noida- Must Check, If you are planning to purchase Real Estate in Noida, then you have to go through the registration process first. Registration should be done as soon as you decide to buy the property. Not only in Noida but in any state, if you buy a property then make sure that you have all the registration documents with you as proof. So in this article, we will tell you about the importance of registration of property and how you can register your Property in Noida.

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Importance of Registration of Property

 

If you buy a Flat in Noida or anywhere, then you must register that property in your name. It is a very important step because of the following reasons:

 

It will give you the legal right to use the property and it also makes sure that the property belongs to you only.

 

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If you didn’t register for the property which you bought, then the previous owner or builder will be considered as the rightful owner of the property.

 

The purpose of registration is to record the ownership of the real estate.

 

It also acts as evidence in the court, if someone sues you for the right of the property.

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So if you don’t want to lose your property then it is recommended that you should register your property at the time of purchasing it so that you don’t have to face any consequences later.

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Process of registration of Property in Noida

 

The process of registration of every state is different and according to the law which is made by the state government. For the registration of Best Residential Property in Noida, the owner should follow these steps.

 

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1. The process starts when both the seller and buyer will be present at the registration office. After that, all their documents will be verified which includes the registration and property’s paper.

 

2. After that, the market value of the property will be estimated according to the present market rates. For further process, both the buyer and the seller should accept the rates.

 

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3. On the stamp paper, the agreement will be printed. Stamp paper acts as a legalizing document which confirms that the paper is legal and original.

 

4. To show the buyer and seller relationship, a sales deed will be prepared. In the sales deed, if you buy an Apartment in Noida, then your information and the seller’s information will be there. It confirms the ownership of property from one person to another.

 

5. Then the stamp duty will be prepared. The stamp duty papers will be checked by stamp duty officers and after all the things will be verified, you can sign the document with the date on it.

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6. The paper was then transferred to the sub-registrar office. It is very important to get the approval so make sure that you get all the necessary documents with you.

 

7. When the sub-registrar verifies and approves the paper, then you have to submit these documents to the registrar's office for registration.

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