E-Registration Facility For Registration Of Flat Purchase Agreements

Due to the onslaught of the Novel Coronavirus (COVID-19) Pandemic and ever -increasing cases, the Government (State and Central) are taking various measures to curb the spiraling growth of the virus. One such measure was to shut down the Sub-Registrars' offices across the country as part of the lockdown. However, shutting down of the office cannot be a permanent solution simply due to the damage that it can cause to the real estate industry and unprecedented losses to the State Revenue. Therefore, after the lockdown is lifted, sufficient safeguards need to be in place in order to prevent future spread of the virus while the office becomes functional.

In order to mitigate such unprecedented losses and to aid the real estate industry, the Inspector General of Registration and Controller of Stamps has issued a circular by which certain modifications have been made and certain instructions have been issued. With this article, we have tried to summarize the same, which