Categories News

Karnataka property registration to be faster and simpler from November 1

On Monday the reporters were briefedby the Karnataka revenue minister R Ashokathat the new software, which is both people and departmentfriendly, is being tested at a sub-registrar’s office in Chincholi of Kalaburagi district. It will be launched across the state from November 1.

BENGALURU: Starting November 1, registration of property in the state may become hassle free and faster too. The government will be soon launching a software, Cauvery 2.0, to ensure seamless registration of properties in all sub-registrar offices.

The people will be able to upload property registration related documents and also pay stamp duty orany other related fees online. Once documents are uploaded, one will be able to select a date and time convenient to them and visit the sub-registrar’s office of their choice to give biometric details.

“Once they visit the office, the registration process will be completed within 5-10 minutes,” Ashoka said. He also added that the software is designed in such a way that based on property details and area, it will automatically calculate the fees to be paid by the buyer. “It erases the dependence on third parties for the purpose,” Ashoka said.

Once the registration is complete, the property documents will be sent to the digi-lockers of buyers, besides sending updates through their mobile phones.

Currently, multiple visits have to be undertaken by the buyers to sub-registrar offices owing to technical glitches. “With the new software, these problems will not be there as it is a centralized application. Even if there are any issues, they can be fixed quickly and easily,” a revenue official said.

In a bid to put an end to property buyers being conned the government proposes to set up agencies to verify the authenticity of property documents in all of its taluks. These agencies will verify the documents and inform buyers if they are genuine or not. They will also flag legal cases, if any, and charge buyers a minimum amount, the minister said.

“Since these agencies are government-run, there will be an increased trust factor. It will also stop buyers from seeking legal opinion from private players by spending huge amounts,” Ashoka added.

Follow and Connect with us: Twitter, Facebook, Linkedin, Instagram

Team iPropUnited

Share
Published by
Team iPropUnited

Recent Posts

Ways to reduce interest rates on home loan

Buying a home is a significant milestone, but the hefty price tag isn't the only…

2 weeks ago

The Ins and Outs of Tax Lien Certificates: A Guide to Profiting from Property Tax Liens

Tax lien certificates are those that are given to investors who demonstrate their interest in…

2 weeks ago

Property Rights in Second Marriages: Rights of Second Wives and Children under Hindu Law

The Hindu Marriage Act of 1955 and the Hindu Succession Act of 1955, respectively, set…

2 weeks ago

What are the benefits of paying rent via Credit Card?

Paying a house rent is an important and recurring monthly expense for an individual. Generally,…

2 weeks ago

Under Construction vs Ready for Possession Property Investment

Investing in real estate necessitates a lot of research, legwork, and hefty investments. Hence, a…

2 weeks ago

Procedure of property transfer

You're buying or selling a property – an exciting time filled with possibilities. But amidst…

2 weeks ago

This website uses cookies.