Monday, December 23, 2024
HomeNewsTop NewsMaharashtra to start e-portal in March to integrate all property transactions

Maharashtra to start e-portal in March to integrate all property transactions

The process will be first launched in Mumbai and subsequently in the remaining parts of the state.

The state settlement commissionerate is set to roll out in March an integrated e-portal that will have information on all checks related to property transactions.

The process will be first launched in Mumbai and subsequently in the remaining parts of the state.

“The e-portal will serve as a single platform for the citizens to check land titles, records of rights, mutation records, payment of property, electricity and water tax dues and history of past transactions,” settlement commissioner S Chockalingam said.

State settlement commissionerate officials said the portal would ensure all the facilities on a single platform and lead to fewer visits to several offices, agencies and websites. “The one-stop portal will be an effort to ensure a coordination between various departments and make the information available on a single platform,” an official said.

Once the portal is launched, the citizens can visit it for all encumbrances related to property — from checking title search, records of rights, property and water tax dues to conduct charges search at the Registrar of Companies. Information available with the Centre’s Registrar of Companies and Central Registry of Securitisation Asset Reconstruction and Security Interest of India have been made available on the portal for checking the mortgage status of any property, the official said.

With the conclusive land titling system is yet to be implemented, property buyers are required to conduct elaborate title, legal and financial searches to verify the land title of a property before its purchase. “The one-stop portal will also help the administration keep the agents away from the process. A citizen can check all details related to a property,” the official said.

“As a part of ease-of-doing business, the easy registration of property is one of the important criteria. Keeping this in mind, it has been ensured that there should be an easy process for title search, property tax dues verification, searches at registrar of companies, preparation of final sale deed, stamp duty payment and execution of the final sale deed,” he said.

The officials said the e-portal was one of the aspects under the ease-of-doing business, the other aspects included the procedural and infrastructure reforms in the revenue department.

RELATED ARTICLES

Most Popular

Hot News