Registrar Office Mumbai: How to Register a Property in Mumbai?

Explore the efficient property registration solutions provided by the Registrar Office in Mumbai. Familiarise yourself with the registration procedures, services offered, and document verification processes.
Loan Against Property
5 min
04 May 2024

In Mumbai, registering a property marks a significant stride in safeguarding your real estate investment. The registrar office in Mumbai serves as a cornerstone in facilitating property registration processes, ensuring transparency, legality, and security for property transactions.

Moreover, while the registrar office in Mumbai upholds the legality and security of property transactions, financing your property endeavours can amplify your opportunities. Bajaj Housing Finance Home Loan and Bajaj Finserv Loan Against Property provide tailored financial solutions to meet your needs. Whether you aim to acquire your dream home in Mumbai or unlock equity in your existing property, Bajaj Finance offers competitive interest rates, flexible repayment options, and hassle-free application processes. Maximise the potential of your property investments in Mumbai with Bajaj Finance.

How to register a property in Mumbai?

The process of registering a property in Mumbai entails several steps to ensure legal compliance and the transfer of ownership. Initially, both the buyer and seller must execute a sale deed, which is subsequently submitted to the sub-registrar office along with other essential documents. The registration fee, determined by the property's value, is then paid, and upon verification of the documents, the property is officially registered under the buyer's name.

Services offered by the Mumbai registrar office

The registrar office in Mumbai offers various services related to property registration and documentation. These encompass property transfer registration, sale deed registration, and mortgage deed registration, among others. Additionally, the office aids in document verification, maintains records of registered properties, and extends guidance to individuals throughout the registration procedure.

Property registration procedures at the Mumbai registrar office

The property registration procedures at the registrar office in Mumbai are meticulously crafted to ensure efficiency and transparency. Once the requisite documents, such as the sale deed, proof of identity, and property documents, are submitted, the registration process initiates. The registration fee, determined by the property's value, is settled at the office counter. Following this, the submitted documents undergo verification by the relevant authorities before the property is formally registered.

Types of registrations handled by the registrar office in Mumbai

The registrar office in Mumbai manages diverse property registrations, comprising:

  1. Registration of sale deed: Documenting the transfer of ownership from the seller to the buyer.
  2. Registration of mortgage deed: Recording property as collateral for a loan.
  3. Registration of gift deed: Documenting the transfer of property as a gift.
  4. Registration of lease deed: Formalising the lease of property to another party.

Property registration process at the registrar's office in Mumbai

The property registration process at the registrar office in Mumbai comprises the following stages:

  1. Document submission: Providing the necessary documents, such as the sale deed, identity proof, and property documents
  2. Fee payment: Settling the registration fee at the office counter, determined by the property's assessed value.
  3. Document verification: Conducting thorough verification of the submitted documents by the relevant authorities.
  4. Registration: Upon successful verification, the property is formally registered in the buyer's name.

Property registration document verification procedures at the registrar's office in Mumbai

Verification of documents is an indispensable element of the property registration procedure at the registrar office in Mumbai. Officials diligently scrutinise the provided documents to validate their authenticity, legality, and adherence to regulations. This meticulous verification process serves to thwart fraudulent activities and uphold the legal integrity of property transactions.

In summary, the registrar office in Mumbai stands as a pivotal institution in the property registration realm, furnishing efficient solutions to both individuals and enterprises. Through its extensive range of services and transparent protocols, the office streamlines property transactions, fostering a sense of assurance and reliability among stakeholders.

Bajaj Housing Finance Home Loan: Your partner in property ownership

Embarking on the property registration journey in Mumbai marks just the initial stride towards homeownership. Equally crucial is securing financing, and Bajaj Housing Finance stands ready with tailored home loan solutions to align with your requirements. Here is why opting for a home loan from Bajaj Housing Finance is the right choice:

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  • Competitive interest rates: Enjoy the benefits of highly competitive interest rates, starting as low as 8.50%* p.a..
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Join forces with us for effortless property financing solutions and commence your voyage towards homeownership today.

Unlock the potential of your property with a Bajaj Finserv Loan Against Property

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Disclaimer

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Frequently asked questions

What is the procedure for property registration in Mumbai?

To register your property in Mumbai, the first step is to prepare the necessary documents which include the stamp duty receipt, property card, and the chain of agreements with previous owners. You will also need two witnesses. Afterward, submit these documents to the Sub-Registrar's Office of assurances within the jurisdiction of the property. The official will verify these documents, and the parties to the transaction will have their photos and fingerprints taken. Upon payment of the registration fees, the property will be officially registered, and the parties will receive a receipt.

How much is property registration fee in Mumbai?

The property registration fee in Mumbai is set at 1% of the market value of the property or Rs 30,000, whichever is lower. However, it is important to note that this rate is subject to change and may vary from time to time. It is advisable to seek professional advice or check with the Department of Registration and Stamps, Government of Maharashtra for the most accurate information.

How can I check my property registration in Mumbai?

To check your property registration in Mumbai, you need to visit the official website of the Maharashtra Department of Registration and Stamps. Once there, you can access the 'Search Property' feature, where you will input your property details. You will need your document number and the year of registration. After the necessary information is keyed in, the registration details of your property will be displayed.

What is the process of stamp duty registration in Maharashtra?

The process of stamp duty registration in Maharashtra involves several steps. First, the property value is assessed, and the stamp duty is calculated. The stamp duty must then be paid by purchasing the required stamp paper from the authorised bank or the Stock Holding Corporation of India. The document on which the stamp duty is paid is then submitted to the concerned Sub-Registrar's Office within the stipulated time, usually four months from the date of stamping. Once the document is registered, it will serve as proof of ownership transferring.

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