What is the process of property sale in India from offer to registration?

The property sale process in India typically moves through offer negotiation, due diligence, agreement to sell, payment of stamp duty, and final registration at the sub-registrar's office. Each stage involves specific legal and financial steps designed to protect both the buyer and seller in the transaction.

Pre-Agreement Stage

• Offer and price negotiation between buyer and seller
• Due diligence: title verification, encumbrance check, and RERA status confirmation
• Token amount or advance payment to confirm intent to purchase
• Drafting and signing of the Agreement to Sell (ATS)

Financing and Documentation Stage

• Home loan application and sanction, if applicable
• Payment of stamp duty based on the property's market or agreement value
• Preparation of the final sale deed by a legal professional
• Verification of NOCs, if required (society, bank, or authority clearance)

Registration Stage

Both parties, along with witnesses, appear before the sub-registrar to execute and register the sale deed, after which the buyer receives a registered copy confirming legal ownership transfer. Mutation of property records in the buyer's name typically follows registration.

The property sale process in India involves a structured sequence from negotiation and due diligence through to stamp duty payment and formal registration. Following each step carefully, with proper legal documentation, ensures a legally secure transfer of ownership.