GB Nagar administration urges people to opt for online registry
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GB Nagar administration urges people to opt for online registry

To that end, it released a video by AIG of stamp department, Greater Noida, where he seen speaking on the benefits of online registry.   

GB Nagar administration urges people to opt for online registry

In a meeting earlier this month, the DM of GB Nagar warned both builders and homebuyers to either register their flats before March this year or pay a heavy penalty. Now, the district administration has released a video, urging people to register their property online. 

Online registry of properties in Noida and Greater Noida was introduced in October last year, but very few took to it. Hence, to create more awareness, the administration has now released this video, where the AIG of stamp department, Greater Noida, Akhilesh Dubey, is seen making a case for online registry.

Residents can now go to www.igrsup.nic.in and begin registry of their flats.

The move will benefit both the homebuyers and the government. It will create transparency and reduce crowds at the registry office. Above all, the measure is expected to bring in more stamp fee. According to officials, the government is losing out nearly Rs 700 crore in stamp fee due to non-execution of registry.

Speaking to City Spidey, Dubey said, “In a survey held in Greater Noida around 19,000 flats have to be registered and these flats already have the completion and occupancy certificate from the Greater Noida Authority. The stamp department of Greater Noida is losing money to the tune of Rs 375 crore.”

“The portal was launched on October 26.  Homebuyers can log in to the website igrsup.nic.in. Once there, they will get the option of applying for registry of properties. The user-friendly website will guide in filling the forms and submission of required documents online. They can themselves fill in information about their home, locality and the developer," he added.

Following this, users will get an acknowledgment slip of the submission. The sub-registrar at the office will then examine the documents submitted online, and call the buyers for completing the formalities of registration. The official may suggest changes if required. Users will have to buy stamp duty, and this will be verified by the sub-registrar at the time of the registry.

Listing out the benefits of the system, Dubey said, “The initiative will immensely help homebuyers and also the registry department. We’ll be able to make digital records of the properties bought and sold in the district. The online registration system also aims to bring greater transparency in the department's functioning. Homebuyers can complete the formalities as per their convenience. They need not skip work and wait in long queues at the registry department."

In a meeting held this month, the DM had ordered officials of the stamp department to issue notices to all builders and register FIRs against errant builders under Section 64C of the Stamp Act. He had also directed officers of the stamp department to inspect the buildings that had been handed out occupancy and completion certificates by the authorities — if found living without the execution of registry, action to be initiated against the builders.

Seven builders had offered possession of flats without registry. They include Amrapali Group, Divine India Pvt Ltd, Assotech Celeste Towers in Noida Sector 44, Victory Crossroad in Noida Sector 143, Man Realty Private Limited, Ajnara Homes Group and Gardenia Glory.”

According to official estimates, around 10,318 flats in Noida and Greater Noida have been handed over without possession.