Buying a new apartment in Electronic City is a wise choice, whether for living or investing, given its rapid development, infrastructure growth, and proximity to major IT hubs, ensuring both comfort and potential appreciation in value. Residents in Electronic City enjoy the benefits of excellent infrastructure and connectivity, making living more luxurious and comfortable.
However, to secure and maintain the ownership rights of your property, it is essential to navigate the flat registration process sincerely. Hence, this blog will walk you through the detailed process of registering a flat in Electronic City.
A Step-by-Step Guide to Register Your Apartment in Electronic City
Registering your 2BHK or 3BHK flat in Electronic City is an essential process to legally validate your ownership of the property. The government of Karnataka has introduced an online process of flat registration, enabling you to complete the process from the comfort of your home.
Here is the breakdown of the online registration method:
Step 1: Register or Log In as a User
Navigate to the official website of Kaveri online services and register yourself as a new user by providing essential KYC details. Or, log in to your existing account by entering your credentials.
Step 2: Provide Essential Details about the Documentation
Upon registering yourself, click on the “Documents Registration” option and provide essential details such as date of sale deed, number of stakeholders involved in the formation of the document, the buyer and seller, and the name of witness.
Step 3: Fill in Relevant Information about the Property Type
Once you are redirected to the property details page, fill in all the details including the type of land, where you need to mention the property type is non-agricultural or agricultural, and residential or commercial. Enter other important details including the registration district, revenue district and the nearest SRO office.
Step 4: Calculate Guidance Value of the Property
The guidance value of your residential 2BHK or 3 BHK flat in Electronic City is influenced by its size, locality, and nearby amenities. Ensure to compute the guidance value through Kaveri web portal.
Step 5: Compute the Stamp Duty
In Karnataka, the stamp duty and registration charges are a percentage of the property’s market value. As of 2024, the stamp duty is 5% of the property’s value while registration charge is 1%. You can calculate these charges based on the apartment’s sale price.
Step 6: Attach Necessary Documents
Attach essential documents such as address proofs, Aadhaar card, No Objection Certificate (NOC) and sale deed. The sale deed must contain all the relevant details from sale agreement and must be signed by involved stakeholders.
Step 7: Complete the Payments
Choose a payment method and pay the stamp duty and registration charges through the official website of Kaveri or at designated banks. While making payments, ensure to include details such as the challan date, bank challan number and cheque number.
Step 8: Visit Sub-Registrar’s Office
Register the sale deed by scheduling a visit to the sub-registrar’s office. Both parties must be present at the sub-registrar’s office with the documents including the original sale deed, identity proofs and payment receipt of stamp duty and registration charges.
Upon verification of the documents, the sub-registrar will officially register your 2 & 3 BHK flat in Electronic City.
Choosing the right apartment is as important as understanding its registration process. With Mahendra Aarya, a premium ongoing project in Electronic City, you can access an excellent blend of luxury, comfort and convenience.
Making Dreams a Reality with Mahendra Aarya
Mahendra Aarya is beyond just buying homes. It believes in helping you invest in a luxurious lifestyle. Here are some reasons why Mahendra Aarya is an ideal choice for getting the best flats in Electronic City:
- Lush gardens with 82% open space, ensuring a sustainable and green environment
- World-class 50+ amenities for a comfortable and luxurious living
- Proximity to IT parks, grocery stores, schools, and hospitals
- Vastu-compliant houses for a healthier and happier lifestyle
- Commitment to customer satisfaction and quality
Explore apartments in Electronic City with Mahendra Aarya and invest in a quality lifestyle. Visit their website today and learn more!
