The Banashankari Sub Registrar Office (BSRO) in Bengaluru plays a crucial role in facilitating property transactions within its jurisdiction. This guide provides a thorough understanding of the office, its services, procedures, and tips to ensure a smooth and hassle-free experience.
BSRO offers a wide range of services related to property registration and related matters:
To register a property at BSRO, the following steps should be followed:
The fees charged by BSRO for various services are determined by the Karnataka Registration and Stamps Act, 1964. The charges vary depending on the nature of the transaction and the value of the property.
Service | Fees |
---|---|
Sale Deed Registration | 1% of property value |
Gift Deed Registration | 1.5% of property value |
Mortgage Deed Registration | 0.5% of loan amount |
EC Issuance | Rs. 100 per property |
Mutation of Records | Rs. 500 per property |
Certified Copy Issuance | Rs. 10 per page |
Power of Attorney Registration | Rs. 100 per document |
Index II Search | Rs. 50 per property |
Pros:
Cons:
1. What is the jurisdiction of BSRO?
BSRO's jurisdiction extends over the Banashankari area of Bengaluru, including surrounding localities like Hulimavu, Uttarahalli, and Kengeri.
2. Can I register a property online?
Currently, online property registration is not available at BSRO. However, certain related services, such as EC issuance, can be accessed online.
3. How long does the property registration process take?
The registration process typically takes 1-2 weeks depending on the availability of the Sub Registrar and the complexity of the transaction.
4. Is it mandatory to appoint a valuer for property registration?
Yes, it is mandatory to engage a government-approved valuer for property valuation before registration.
5. Can foreigners register property in India?
Yes, foreigners can register property in India subject to certain restrictions and clearances.
6. What if I lose my registered property deed?
In case of loss or damage of the registered property deed, a certified copy can be obtained from BSRO upon payment of prescribed fees.
Story 1: A Case of Mistaken Identity
Once, a man came to BSRO to register a sale deed. However, the Sub Registrar noticed that his photo on the identity proof did not match the photo on the property deed. After further investigation, it turned out that the man had purchased the property from an impersonator who had used his stolen identity. The registration was promptly denied, saving the man from a potential fraud.
Lesson Learned: Always verify the identity of the person you are transacting with and be vigilant about identity theft.
Story 2: The Missing Signature
In another instance, a couple arrived at BSRO to register their property deed. However, they had forgotten to sign the document. The Sub Registrar politely reminded them that signatures were essential for the registration process. The couple was flustered, but thankfully they had brought a pen with them. They signed the deed right there and then, avoiding the need to reschedule their appointment.
Lesson Learned: Ensure that all parties have signed the property deed before submitting it for registration.
Story 3: A Case of Late Registration
A businessman came to BSRO to register a property deed that was more than a year old. The Sub Registrar informed him that late registration would attract penalties and additional fees. The businessman was unaware of the time limit and was quite upset. However, the Sub Registrar explained the law and encouraged him to complete the registration process despite the extra costs.
Lesson Learned: Be aware of the time limits for property registration and avoid delays to minimize penalties and legal complications.
Table 1: Registration Fees and Charges
Service | Fees |
---|---|
Sale Deed Registration | 1% of property value |
Gift Deed Registration | 1.5% of property value |
Mortgage Deed Registration | 0.5% of loan amount |
EC Issuance | Rs. 100 per property |
Mutation of Records | Rs. 500 per property |
Certified Copy Issuance | Rs. 10 per page |
Power of Attorney Registration | Rs. 100 per document |
Index II Search | Rs. 50 per property |
Table 2: Sub Registrar Offices in Bengaluru
Sub Registrar Office | Jurisdiction |
---|---|
Banashankari Sub Registrar Office | Banashankari, Hulimavu, Uttarahalli, Kengeri |
Jayanagar Sub Registrar Office | Jayanagar, JP Nagar, BTM Layout |
Chickpet Sub Registrar Office | Chickpet, Basavanagudi, Gandhinagar |
Yeshwanthpur Sub Registrar Office | Yeshwanthpur, Rajajinagar, Malleshwaram |
Koramangala Sub Registrar Office | Koramangala, Indiranagar, Domlur |
Table 3: Latest Property Registration Statistics for Bengaluru
Year | Number of Properties Registered | Value of Properties Registered (in crores) |
---|---|---|
2022 | 5,40,000 | 2,50,000 |
2023 (till date) | 2,50,000 | 1,20,000 |
The Banashankari Sub Registrar Office plays a vital role in securing property rights and facilitating property transactions within its jurisdiction. By understanding the services, procedures, fees, and tips provided in this comprehensive guide, individuals can navigate the registration process smoothly and efficiently. By adhering to legal requirements and following best practices, property owners can ensure the validity and security of their property transactions.
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