The judges continued: “In any case, the onward transfer will always depend on the rights already created. Therefore, it is not possible to say that it is only because the contract of sale is registered that a further transfer is prohibited and cannot be registered without obtaining a decree on the declaration of nullity of such a contract. Section 19 of the Act states that officials could refuse to accept a registration document if it was in a language they did not understand or that was not common in the district, unless it was accompanied by a true translation. In order to prevent land theft, the registration of documents relating to powers of attorney and property purchase contracts will be made mandatory in Tamil Nadu from December. “We assume that registrar does not have the right to refuse registration of the following document on the grounds that the sales contract has already been registered for the same property.” “According to her, the main cause of land grabbing and false registrations will be due to the fact that the registration of proxy documents, sales contracts and agreements relating to the deposit of property instruments is optional,” he said. In drafting the judgment, Justice Kumar noted that the 1908 Act allowed officers of the Registration Division to refuse registration of a document in a limited number of circumstances and did not establish any omnibus powers for them. In early 2020, property listings declined due to the coronavirus pandemic and the resulting lockdown. However, from August 2020, sales increased, as evidenced by income from property registrations in August, which amounted to Rs 793 billion. Sources also indicate that this year, an additional 17,000 registrations were received in August, unlike the same period in 2019. So far, a new home buyer only declares title to the share of unshared land, for which the registration fee must be incurred at 8%. (stamp fee + registration fee) Stamp duty and registration fees remain the same for men, women and common buyers in Tamil Nadu.

In accordance with the amendments, the registration of documents relating to the power of attorney, the contract of sale, the agreement to deposit the title deeds and the construction contract was made “compulsory” in accordance with section 5(i) of the Indian Stamp Act, 1899. Registration of documents related to powers of attorney will be mandatory from December Chennai: In order to prevent land incidents, registration of documents related to power of attorney and contract for the sale of real estate in Tamil Nadu becomes mandatory from December. President Pranab Mukherjee has given his opinion on an amendment by the Tamil Nadu government on the matter, he said in an official statement on Thursday. You need the stamp tax receipt, your PAN card, government cards from all parties including witnesses, two passport photos, NOC, no royalty certificate, certificate of sale, POA, Pattadar passport booklet, etc. “The plundered developments and land plots in and around Chennai have moved relatively quickly,” says T Balabhaskar, a local real estate entrepreneur, adding that sales have suffered overall. due to restrictions on intergovernmental travel and the increase in COVID-19 cases. Local brokers are also hoping that actual sales have lived, as on-site demand has increased. Potential home buyers have inquired about price advantages, skonti and tailor-made packages and see an investment opportunity despite the pandemic.. . .