Buying a plot and registration

Can the members kindly advise what are the types of corruption one is expected to face when buying a plot of land in Delhi or NCR. My sister who lives abroad is keen to invest in a farm house here and I am just very hesitant of being her local representative here for the transaction.

Please advise if this can be done honestly and how. They only can pay by cheque. more  

View all 8 comments Below 8 comments
If your sister's requirement is not necessarily limited to a "farmland" and if a plot of land of over 500 sqyd area in a fast developing area of Gurgaon, on which either a grand villa or a holiday cottage could be built, may serve as alternative, then you may contact me at 98 1846 1854. The plot is owned by my wife, clear title, full cheque payment no hinderance.... more  
Mr Mishra,

Just a word of caution - to the best of my knowledge, an NRI ( Foreign passport holder or OCI ) CANNOT buy agricultural land - so if the plot your sister is buying is an agricultural land the sale is not permitted by law. Agricultural land when sold to builders is first converted to residential or commercial use land ( change of land use ) and then only can they be sold. So before buying farm land /house check the papers and make sure it is not agricultural land . Ideally get someone to check the papers before paying anything up front to the owner/builder . Hope that helps more  
Mr. Virmani, that was my personal experience when buying a plot in Greater Noida in Feb 2014, I personally prefer to take all means not to pay bribe even if this result into more financial burden when going through right channel. I paid full amount legally and seller had no objection because market price vs circle rate has only 10% difference (Delta III). It may be different situation on Delhi or more expensive areas. Also the circle rate for industrial plot in Greater Noida is higher than the market value, so situation here is different. However under table money is something is charged on all registrations, and as I understand this is distributed among all people including senior people in authority. Just a simple check on the wealth of the people who are working under authorities can reveal bitter truth. Awaiting more details if you get on this topic from yourself. Thanks for raising this issue. more  
Dear Mr. Asif, I am really amazed if the difference between circle rates and market rates is 15 to 20% as stated by you. In that case why the sellers are asking cash (2/3rd cash and 1/3rd cheque) and why the office of registrar should charge even 0.2 to 0.3% as under table fee. I remember the office of the registrar do not even respond RTI application. I will definitely revert on this subject shortly. more  
With circle rates getting revised frequently in Delhi / NCR, the difference between the market value and government rate is not much (around 15 to 20%) in most locations. I never faced any issue buying property at fill price and get it registered. However there is a wide spread corruption when it comes to get the property registered, you pay easily 0.2 to 0.3 % to the registrar office otherwise you file will not move. this is done through the property dealer normally and are hidden or under table charges which someone you may even notice unless u check all receipts. more  
Post a Comment

Related Posts

    • Good Budget announcement on Citizen Charter for Tax payers

      This was a good move announced by FM. Can we please share our inputs via this circle as the subject has been extensively discussed. The feedback for what should be in charter of citizens should com...

      By Reeta Kumar
      /
    • Shared this from Transforming India

      Every member of the circle please vote on this poll. The Govt needs to know whether or not NRC will cause corruption problems.

      By Naina Mittal
      /
    • corruption in bocw deptt.

      there is rampant corruption in every state to issue labour licenses as well as permit under bocw as well as migrant workers license.the fee is fixed per person;even though the procedure is to apply...

      By Suresh Dasarathy
      /
    • Corruption under BOCW act is a must

      I am writing this on behalf of my husband who is in the EPC business. According to him corruption under BOCW act is a must. BOCW stands for benefits of construction worker and all busin...

      By Sandhya Agarwal
      /
    • Reliance Finance lending to indirectly linked borrowers

      There is attached news today saying that Reliance Home Finance lent 12000 crores of money to a set of potentially indirectly linked borrowers? Who the hell is investigating this. How many more bad ...

      By Amit Mishra
      /
    • Fighting Corruption from close to two decades

      Am an Architect who lived I Dubai close to 30 years and got back in 2003. I have been fighting corruption for close to two decades and have couple of cases in court that I filed. I also have a case...

      By Ajit Ramchandran
      /
    • Medical Corruption

      So when the doctors are exposed for taking bribes for prescribing ton of medicines of a particular type their association comes back and threatens whistel blowers. Imagiine your own fami...

      By Bharat Lal
      /
    • Excellent Detailed Report

      By LocalCircles and Transparency India on corruption in out country. http://bit.ly/indiacorruptionsurvey2019-...

      By Ruchika L Maheshwari
      /
    • Accountability of Lokpal body

      Lokpal is paying Rs 50 lakh a month as rent to 5 star luxury AshokaHotel in Delhi for office space. It occupies 12 rooms in the hotel & in last 7 month looked into over 1000 complaint of corrup...

      By Ruchika L Maheshwari
      /
    • Corruption in India

      Folks this is the survey of localcircles site and well describes state of affairs on ground. This should be shared and reshared so it reaches PM Modi

      By Ruchika L Maheshwari
      /
    • Addressing Political Corruption - Inputs needed

      The nation is watching Maharashtra and seeing how every political party is keen to come in power. Political Corruption is one of the leading form of corruption in India and is one of the primary re...

      By Transparency International India
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)