Friday 22 January 2016

PROPERTY REGISTRATION ONLINE


Accordingly, from now-onwards, all the buyers of the property in Bangalore can register their properties on line without getting bothered about the jurisdiction and location of the property.

This facility of ‘property registration on line’ provided if it is implemented, as per planned is expected to bring much required transparency in the registration process and thereby reduces the ‘corruption’ at all levels, to the maximum extent besides reducing the ‘disturbance/involvement’ of middlemen/brokers/agents in registration process.

Further, this facility is also extended for issuance of ‘Encumbrance Certificate’ in respect of properties situated within the over all jurisdiction of respective Sub Registrar Offices.

Though the Government, initially started this system of ‘property registration on line’ at the above said 5 Sub Registrar Offices, they have plans to implement the same as ‘ONE UNIT’ for entire Bangalore, depending upon the ‘feed back’ and success rate of this facility.

This facility, in deed, has no doubt, reduced substantially the ‘corruption’ at Registrar Offices, but the role of ‘middle men’ is yet to be eradicated.To be precise, under this concept of ‘property registration on line’, a buyer of Nagarabhavi or Madanayakanahalli can register his property at Rajajinagar Sub Registrar Office; and similarly, a buyer at Kacharakanahalli or Byatarayanapura can get his property registration completed at Gandhinagar Sub Registrar Office.
It is unfortunate that, even though almost four years are nearing completion, from the date of its launch, the system is yet to see the ‘light of the day’. In as much as, providing linkage of all the Sub Registrar Offices in Bangalore and bringing them under ‘one roof’ paving the way for ‘on line registration’ for the buyer – a smooth job, has remained yet as a ‘dream’.

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