The home-buying procedure is not completed until the property is registered in the owner's name. It is the most crucial stage in securing an owner's property in the event of a dispute or fraud. It is also necessary to register the property with the state government and pay the applicable fees; failure to do so will result in a penalty. The purpose of property registration in India is to keep track of the property's ownership.
In Telangana, property buyers must register the sale of a property with Telangana Registration and Stamp Department. The buyer, the seller, and witnesses must go to the sub-registrar's office closest to the property's site to pay the stamp duty and registration fees levied by Telangana. The Telangana Registration Department is responsible for a variety of government services, such as property registration, marriage registration, partnership deed registration, and more.
List of documents needed to register a property in Telangana:
The Telangana government has implemented an entire online property registration system. Before going to the Registrar's office, the applicant must use the Public Data Entry system to upload the transaction's data as well as the relevant documents. After submitting the documents, the user can pay using the online portal and schedule a time to complete the property registration requirements in the Registrar's office. Lastly, the applicant must appear at the concerned office on the scheduled date and time to finish the property registration procedure.
The documents specified below are necessary —
• Property records in their original form, signed by all parties
• Property card
• The buyer, seller, and witnesses must all provide verification of their identities and addresses (Aadhaar Card and Pan Card)
• Encumbrance Certificate
• Power of Attorney
• Two reliable witnesses who will verify the parties, as well as identity cards with their images
• Pictures of the Buyer and Seller
• A pattadar passbook is crucial in the context of agricultural land
• Photocopy of Section 32A
• An outside shot of the property
• GPA /SPA, if any in original and its Photostat copy
• Link documents copies
• Webland copy in context of agricultural land
• Payment receipt for stamp duty and registration fees
Within 24 hours, the sale deed, lease deed, agreement, and other documents should be registered with the sub-registrar’s office. The parties will get back these documents when they have been scanned and certified. The junior or senior assistant will issue the encumbrance certificate within one hour. You may also seek market value to learn about property rates in a certain area. Again, within an hour, the market value data will be delivered.
Fees for registering a property include:
The State of Registration determines the registration costs and stamp duty. The stamp duty is determined based on the property's market value. As a result, it changes depending on the property's location.
Other expenses include Encumbrance Certificate fees and expenses for document preparation.
If you wish to purchase a property in, let’s say, Hyderabad, the Telangana government will charge you stamp duty and registration fees. So, before applying for a home loan, it's a good idea to learn about the present stamp duty rates and property registration fees. In Hyderabad, stamp duty is now imposed at a rate of 4%.
The buyer is responsible for paying the stamp duty and registration fees at the time of registration. The charges are as follows:
|Documents||Stamp Duty||Registration Fee||Transfer Charges|
|Sale agreement with possession||4%||0.5 % of the property's total worth (minimum INR 5,000, maximum INR 20,000)||NIL|
|Sale agreement without possession||0.5%||0.5 % of the property's total worth (minimum INR 5,000, maximum INR 20,000)||NIL|
|Sale agreement and GPA||5%||INR 2,000||NIL|
|Sale of semi furnished flat||4%||0.5%||1.5%|
For instance, a property in Hyderabad costs 4,000 INR per square foot in a certain neighbourhood.
Let's suppose Mr. Anand paid Rs.4,000 per square foot for a 1000 square foot property in Hyderabad.
The property's estimated worth is Rs.40,00,000 (Rs.4,000 times 1000).
The property's stamp duty is Rs.1,60,000 (4 percent of the market value Rs.40,00,000)
The property's registration fees is Rs.20,000 (0.5 percent of the saleable value of Rs.40,00,000).
Rs.1,80,000 (Rs.1,60,000 + Rs.20,000) is the total registration and stamp fee.
As a result, Mr. Anand would have to spend a total of Rs.41,80,000 to own the property (Rs.40,00,000 + Rs.1,80,000).
In Telangana, how do you calculate the stamp duty and registration fees?
Using the procedures below, property purchasers may simply determine stamp duty and registration fees on property:
Step 1: Go to Telangana's Registration and Stamp Department's website.
Step 2: From the drop-down box, select the transaction type and input the consideration value.
Step 3: Enter Y/N depending on whether the property has been identified or not. Input the measurements and boundary length if the property has been identified.
Step 4: After clicking ‘Calculate,' you will view the results.
In Telangana, how do you pay stamp duty on a property purchase?
For the purpose of property registration, homebuyers can pay stamp duty and registration fees online. Here's a step-by-step instruction to make the payment quickly and easily.
Step 1: Go to the Telangana Registration and Stamps Department's website and look under the "Online Services" column for "E-payments."
Step2: You will be sent to a new page where you will have three choices:
Document registration e-challan
Franking services e-challan
Step 3: Complete your profile, and you will get an SMS with a 12-digit challan number and a five-digit passcode. Save this information for later use.
Step 4: After completing the registration process, go to the payment option form to print the challan number and passcode information.
Step 5: You will then be led to a disclaimer page; after you agree to it, you will be taken to SBI e-Pay, where you may pay your costs online or offline.
Step 6: Select Debit/Credit card, Net Banking, or NEFT for online payments.
Step 7: The user receives a ‘successful' status message after inputting the payment credentials and providing the required information. The system will then produce a duplicate challan with the SBI e-Pay confirmation reference number on it. During property registration, the user must print the challan and give the SRO copy of it, together with the papers, to the sub-registrar.
Checklist for creating sale deed in Telangana
The owner of the property should have a legal draughtsman prepare the sale deed on non-judicial stamp paper of the required value. The parties shall utilise five non-judicial stamp papers, with the remaining sum payable through challan or any other method specified by the state government. The following terms should be included in the sale deed:
Name of the deed: The type of deed should be explicitly stated in the document. The parties might settle on what sort of deed will be created for the property transfer document based on mutual agreement.
Parties to the sale deed: The names, ages, and addresses of the parties engaged in the transaction should be included in the sale document. All parties involved in the transaction should sign the deed.
Property description in context: The property description in context should be explicitly specified in the sale document. It should provide a complete description of the property, such as the identification number, plot area, and location, among other things.
Sale consideration clause: A sale deed must include all relevant information about the sale price agreed upon by the seller and the buyer. It should state explicitly how much was paid to transfer property rights from one party to another.
Mode of payment and advance payment: A sale document should specify how a buyer will pay the selling price and, if an advance payment is made, the amount of the token.
Possession status and date: The deed must also state when the seller will receive possession of the immovable property. The precise date of ownership should be mentioned.
Indemnification clause: The sale agreement should include an indemnity clause, which states that the seller is responsible for any statutory charges, such as property tax, energy charges, water bills, and other charges related to the property, prior to the sale deed being completed.
Procedure for registering a property in Telangana:
The following is a step-by-step guide to registering property in Telangana:
• Create a login ID for the Registration and Stamp Department by visiting the Telangana Property Registration website.
• After uploading all the documentation, you may pay the needed registration and stamp duty fees.
• Arrange a date to go to the sub-registrar's office and register the property.
• Make any necessary revisions to the uploaded documentation if needed and obtain the officer's checklist from the sub-registrar's office.
• An e-KYC (Know Your Customer) procedure is followed, which is then cross-checked against the Aadhaar database.
• Stamp duty and other taxes will be validated using a challan copy of the registration charges.
• The registration procedure will proceed after verification.
• During the registration process, a document number will be produced, and thumb imprints will be taken.
• The registrar will scan and update the application. This application will also be uploaded on the portal, which the user can download.
• If the verification fails, the applicant must resubmit the documents with the necessary adjustments.
• Until the land is sold to someone else; the registration is considered valid.
• To complete the process, it takes two days. One day to upload the documents online and another to go to the registrar's office and finish the rest of the procedure.
Before purchasing a property in Telangana, learn how to look for prohibited properties.
Before signing or making any payment to the seller, property purchasers in Telangana should verify the list of prohibited properties. Follow these procedures to search the list on the Telangana Registration Department's website:
Step 1: Go to the Telangana Property Registration Department and choose Prohibited Property from the drop-down menu.
Step 2: To find a list, choose a district, mandal, village, and criteria. The following criteria might be used:
The ward/block number
Town survey number
Revenue survey number
Survey number-wise details
Step 3: Submit your information. The list will appear on your computer screen.
Latest News On Telangana land registration
June 21, 2021
The Telangana administration, in a dramatic turn of events, has decided to restart the property registration procedure in the state beginning June 1, 2021. After the state cabinet agreed to prolong the lockdown duration by three hours till 1 p.m., the decision was made. The offices are now operating at a reduced capacity.
Six slots are generated by the sub-registrar's offices every hour, and the attendance of required persons such as buyers, sellers, and two witnesses is permitted. This implies that for the time being, each SRO is only permitted 24 slots in six hours. The number is larger in district registration offices, which can schedule up to 48 registration slots per day.
The Telangana administration had already stopped property registrations due to the state-wide lockdown, which was extended until May 31, 2021, due to an increase in Coronavirus infections across the state.
February 23, 2021
The Telangana government is paying a high price for halting property registrations to allow the Dharani portal's launching. Property registration revenue has dropped to Rs 3,189 crores, compared to a target of Rs 10,000 crores. Earnings from property registrations continue to be the most impacted of all sectors. Consequently, the state budget has been cut by at least 20% from the previous year, as the state's financial situation has been severely harmed by the COVID-19 outbreak and accompanying lockdown.
January 28, 2021
NRIs who do not have Aadhaar cards but own or want to buy property in Telangana can now use their passports to register their property ownership and acquire land. Telangana NRIs residing abroad may now acquire lands and have peace of mind about the security of their assets by registering with the Dharani site and utilizing their passports for land registration. Rescheduling the registrations is also a possibility.
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Frequently Asked Questions (FAQ's)
In Telangana, how can I check the status of my property registration online?
Go to //registration.telangana.gov.in/ to look for Telangana land records online. Then, choose 'Know your SRO jurisdiction' on the following page. You'll be asked to input your District, Mandal, and Village at this point. When you click submit, all of the information about your SRO will be shown.
What is Stamp Duty?
The state government imposes a tax on the sale of property/ownership of the property called Stamp Duty. It's due under Section 3 of the 1899 Indian Stamp Act.
What happens if you don't pay your stamp duty in a timely manner?
Stamp duty should be paid in whole and on schedule. A fine or even jail may be imposed as a penalty. Delay in paying property Stamp Duty will result in a penalty of 2% each month on the Stamp Duty deficit amount, with a maximum penalty of 200%.
How much does it cost to register a will in Telangana?
Wills are registered for a one-time price of Rs 1,000.
In Telangana, what is the stamp duty on property sales?
On the sale of property in Telangana, a stamp duty of 4% of the transaction value is levied.