[ecis2016.org] The NGDRS is a state-specific platform, where property buyers and sellers can pay stamp duty and registration charges and book an appointment with the SRO for property registration
In order to move towards digitisation and promote ease of doing business, the government of India launched the National Generic Document Registration System (NGDRS) as a pilot programme, under which property registration facility would be available online across the country. From NGDRS payment of stamp duty to online appointment booking at the sub-registrar’s office (SRO), the entire process has been made seamless with the help of the system.
You are reading: All you need to know about the National Generic Document Registration System (NGDRS)
Importance of NGDRS
The NGDRS represents a major shift from the existing manual registration system to an online system, for all types of transactions, including sale, purchase and transfer of land. Initially, the system was piloted in Punjab, Rajasthan and Maharashtra but later, more states joined in, including Jammu and Kashmir and the Andaman and Nicobar Islands. The system will also encourage the offices working in geographically remote areas, to adopt technology and digitisation and reduce manual effort, thereby, reducing errors in land records.
NGDRS in states
Several states have adopted the NGDRS:
- NGDRS Punjab
- NGDRS Rajasthan
- NGDRS Maharashtra
- NGDRS Goa
- NGDRS Andaman and Nicobar Islands
- NGDRS Bihar
- NGDRS Jharkhand
- NGDRS Manipur
- NGDRS Mizoram
- NGDRS Himachal Pradesh
- NGDRS Andhra Pradesh
- NGDRS Madhya Pradesh
- NGDRS Kerala
- NGDRS Uttarakhand
Property registrations through NGDRS
The NGDRS has made property registrations simple and quick. Here are the steps to follow on states’ registration portals, to register your property purchase/sale:
1) Citizen registration
- Enter a valid 10-digit mobile number and enter a username of your preference.
- Enter a password (the password should contain at least one uppercase, one lowercase, one digit and one special character).
- Enter the characters from the captcha image in the given field and click on ‘submit’ to save the records. (If the record has been saved successfully, a success message is displayed.)
- By clicking on the ‘cancel’ button, the user will be redirect to the homepage.
2) Property valuation
Read also : Koparkhairane property market: An overview
Property valuation uses a combination of property usage, valuation rules formulated by the state government authority, development zones, construction type, depreciation if any, road connectivity, etc. Here’s how to do property valuation using the NGDRS:
Factors used by NGDRS for property valuation
- Rate chart prepared by the department considering
- Location-wise major usage factors
- Government regulations and activities
- Economic activities and trends
- Future benefits
- Age of the property and construction type
- Area of construction
- Area of land
- Parking area
- Area of non-cultivated land
[ecis2016.org] How to arrive at the fair market value of a property
Documents required for property registration through NGDRS
- Valid citizen user credential
- Property location details
- Valuation zone details
- Property usage
Step-by-step procedure of property valuation
Step 1: Open the NGDRS site of the respective state where the property is located.
Step 2: Register as a citizen for NGDRS login. Use the citizen credentials to login to the system.
Step 3: Select the financial year. Citizens can select the previous financial year, so that the valuation for a particular year is also possible.
Step 4: Select the district, taluka and corporation/municipal council.
Read also : Final shape being given to new law for metro networks
Step 5: View survey number for a particular location.
Step 6: Select property usage.
Step 7: Select the construction type.
Step 8: Select the age and road vicinity.
Step 9: Click ‘Calculate & Save’.
Step 10: The valuation report will appear on the screen.
FAQs
What is NGDRS?
The National Generic Document Registration System was launched by the centre to digitise property registrations.
What is the full form of NGDRS?
National Generic Document Registration System.
Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org
Source: https://ecis2016.org
Category: Lifestyle