PUNE:- Citizens planning to register their property this month must have to book or reserve time slots. These time slots should be booked at the relevant registry office using the e-step-in facility. In accordance with the strict restrictions on passenger traffic under the Maharashtra government’s order to prevent the spreading of Covid-19.
Slot reservation ensures that each of the 519 government offices will do a maximum of 20-30 registrations per day, indicating a sharp drop in government revenue in the first month of the new fiscal year. These 519 offices will operate Monday to Friday, from 10:00 am to 6:00pm. And the offices remain closed on weekends following weekend curfew orders.
A senior registration officer said. “Few home buyers can meet such restrictions after booking online space, which will affect revenue collection during the beginning of the new fiscal”.
Same process for those who have paid stamp duty-
A senior officer from the registration department said, home buyers who paid stamp duty prior to March and those who are required to pay and register their property this month, they must follow the same procedure for reserving slots using the e-step-in facility. They have to visit the State Property Registration website to reserve the time slots and receive confirmation of the assigned time slot.
Shravan Hardikar, inspector-general of registration and controller of stamps, said, the notification of reserved slots must be shown during the entrance to the registration office. Only those who are required to be present during the registration process are allowed in the office to ensure the least possible crowd at the registration authorities. He also urged developers to electronically register new properties in their own offices.
Credai officials stressed quitting the stamp duty waiver (only women get a 1% exemption) and the new restrictions will certainly affect the registration process and the overall real estate business in the state.
Shantilal Kataria, National vice-president of Credai, said, by March the government was setting high records and the stamp duty exemption gave the property market a boost. We urge the government to reconsider our demand to continue the stamp duty waiver in the current situation. If the state government declares that the restrictions should not impact the economy, they must take appropriate action.
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5% Stamp duty on property registrations resumed from 1 April