E-Registration To Make Realty Transactions Legal And Transparent


Posted October 17, 2015 by myvaluehomes

Illicit land grabbing and illegal land sales have been the most notorious things in real estate dealing for last two decade in India, especially in cases of property in Meerut, Delhi, Ghaziabad, Noida, and Gurgaon.

 
Meerut, Uttar Pradesh: Illicit land grabbing and illegal land sales have been the most notorious things in real estate dealing for last two decade in India, especially in cases of property in Meerut, Delhi, Ghaziabad, Noida, and Gurgaon. Now, the existing central government has decided to facilitate e-registration to make the registration of immovable properties more efficient. The move is widely welcomed for its transparency and user-friendliness.

With E-registration, the process of offering evidence of titles and transactions is made simple and will help in preventing the unlawful disposal of land. This online registration system will put an end to numerous problems and loopholes involved in the traditional land registration process of the Land Registration Act of 1925. This act consists of transfer of property under rent, Powers of Attorney, and sale or mortgage of land. Now, the new Land Registration Act of 2002 involves the use of verified electronic signatures to register and transfer immovable property online.

Benefits of E-registration:

• A drastic reduction in the usual resource challenges at registrar offices
• 24/7 access to all details and documents of land records
• Transparency in the registration process; rationalization of broker fees
• Calculation of the stamp duty on the basis of the stored data

About us

My Value Homes is a leading Real Estate Consultancy firm that offers property investors affordable homes (within 20 Lakhs) in the prime locations of the Delhi NCR area. With a team of expert and dynamic real estate professionals, the consultancy firm understands the needs of property investors and caters them affordable housing choices that offer better returns. With the firm, home buyers can expect better and affordable flats in Meerut, Noida, Gurgaon and Ghaziabad.

My Value Homes is a unique platform which aims to offer updated and relevant information on all affordable residential projects so that property investors can take a balanced decision. The portal enhances the user experience at all stages of searching and selecting desired projects along with the details of property rates and deals. The firm is committed to offer you the most appropriate solutions matching your query so that you can easily find your dream home.

Contact:
Noida: B - 106, Sector 64, Noida – 201301
Ghaziabad: C - 22, RDC, Raj Nagar, Ghaziabad - 201 009
Gurgaon: Building No. 126, Ground Floor, Sector 44, Gurgaon - 122 002
Ph: 8010 100 800
Email: [email protected]
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Contact Email [email protected]
Issued By My Value Homes
Phone 8010 100 800
Business Address C - 22, RDC,
Raj Nagar Ghaziabad - 201 009
Country India
Categories Property , Real Estate
Tags apartments in meerut , property in meerut , ready to move flats in delhi ncr
Last Updated October 17, 2015