Electronic registration of first sale properties: software update to improve the process
The updated version of the software is said to have new models, a developer-friendly version for verification and data integration with the Real Estate Regulatory Authority (RERA)
State registration department officials for PUNE said important updates to the electronic registration software will be rolled out within a month. The updated version of the software is said to have new models, a simplified version for developers for verification and data integration with the Real Estate Regulatory Authority (RERA).
âThe basic version is currently functional. We are continually trying to improve it to make the process easier. Currently, large developers have registered with us. There should be a wider acceptance of this process by developers and people, âsaid Suhas Mapari, Deputy Inspector General of Registrations (IT).
Electronic registration of first-sale properties has been launched in Maharashtra to ensure less clutter in the offices of the Deputy Registrar. This new system allows developers and buyers to make online registrations from their offices in coordination with the Property Registration Department, Maharashtra.
âWe have also held meetings with developer associations to solicit their suggestions. We are trying to be more inclusive. Any developer registered with Rera who builds more than 50 apartments can use this facility, âsaid a head office official of the Registration and Stamps Department.
Earlier, during a speech in Pune, Balasaheb Thorat, state revenue minister, hinted that the state government would require developers to register only from their offices. The electronic registration initiative was proposed after restrictions induced by Covid affected the registration process.
âWe are working closely with IGR and their team to launch a new electronic registration system. We are sure it will revolutionize the registration process by providing convenience to consumers / citizens. It will also significantly reduce the pressure on deputy registrar offices across the state, as most developers will no longer need to visit deputy registrar offices to register their apartment reservation agreements, â said Anil Pharande, president of Credai Pune Metro.