The registration process ties up everything and it’s one of the most crucial aspects of buying a home.
Naturally, people tend to get excited on the day of registration. Entire families are known to come along to view and save this life-changing moment for posterity.
But most often, people are not prepared for what the day will bring. It is no wonder that they often come back exhausted and fervently have no wish of repeating it.
But to ensure that the day is memorable as it is meant to be, here’s a 10 point checklist for you to refer to, before you register your home.
1. Do you have all the documents?
The most important documents to be carried for the registration is the Sale Deed, 2 Passport Size Photograph, Pan Card and DDs for Stamp Duty and Registration Fee. Out of these documents check with the builder regarding the documents you are supposed to bring. Do a double or triple check of these documents and ideally, do this before the registration day.
2. Have you checked the amounts on the DD?
The demand draft that you need for registration fee is 1% of property value whereas the stamp duty is 5.65% of property value. Ensure that the correct amounts are mentioned on the DD.
3. Don’t forget your PANCARD copy!
Most people remember the importance of carrying important documents like your PANCARD etc but it’s easy enough to forget. Remember to carry a both original and copy of your PAN card before registration.
4. Carry some refreshments
It’s going to be a long day. Apart from waiting for your turn, it can get quite tiring if you don’t have some light snacks and water with you. Remember to carry these along as you may not have time to stop somewhere for lunch if you get hungry. Also, it’s vital for people who are on medication for diabetes or heart disease that they stay hydrated throughout the day.
5. Avoid weekends
There is perpetual rush during weekends so it’s best to go on a weekday when there will be significantly less crowd. You’ll get the job done faster and the officials will be less harried as well.
6. Avoid taking kids along
Children get bored easily and they get cranky after that. Avoid taking your kids along because they will just make things difficult for you. Leave them with your parents or in-laws. It’s the best way to remain stress-free on such an important day.
7. Don’t be time bound
Constantly looking at your watch is not going to make things work faster. At the registration office, they will follow a set of processes and protocols. You have to stop thinking about how much time the whole thing is taking because it won’t help you.
8. Stay sharp and alert
Nowadays it’s common for people to spend time on their phone while waiting for anything. Whether it’s checking business emails or playing a game to make the time move faster, don’t do it. At least not during the registration process. Remember to stay sharp and alert and be completely involved in the process.
9. Keep your day free
Avoid keeping any appointments and meetings on the day of registration. If registration takes time (which it inevitably will), you will feel jittery and nervous and you will not be able to focus.
10. Be thorough
If you have doubts, now is the time to ask questions. Don’t remain ignorant. It is your property and you should know all aspects of it. Another important thing to remember is to check all documents carefully before you sign.
With these pointers in mind, you should have a painless and easy registration process. Remember, it is a life changing day and even if it takes time, it is worth it. At the end of the day, after all the effort, you are a property owner! The pre-registration checklist just makes your life easier.
Nimmy Joseph is a marketing specialist and has a deep knowledge on the online consumer behavior. Over the course of her career she has interacted with many home buyers, noted their grievance and gained actionable insights. Her strong communication skills helps her to connect with the consumers faster & create a comfort zone for them.
Nimmy holds a MBA in marketing and Post graduate diploma in corporate communication and Advertising and is currently working with Vakil Housing in their Marketing Department.