4 Blogs
  • 24 Aug, 2016
    India's real estate sector can be 3rd largest globally by 2030

    TNN| Aug 20, 2016

    MUMBAI: The real estate and construction sector in India is expected to be the third largest globally by 2030, contributing over 15% to Indian GDP and emerging as the largest employer in India providing employment opportunities to over 75 million people. 

    A recent background paper by KPMG in India and the National Real Estate Development Council (NAREDCO) provides an overview of the key programmes launched by the central government in the recent past to address the key challenges in urbanisation and the real estate sector, and throws light on the policy reforms undertaken by government to address these concerns. 

    The paper highlights that India's urban population is forecast to increase by about 40% from 420 million in 2015 to over 580 million by 2030. The government has launched several large programmes (such as Smart Cities, Housing for All, AMRUT, HRIDAY etc.) along with policy support (Real Estate Act, REITs, GST etc.) to accommodate such a vast population 

     

    According to the paper, nearly 110 million houses would be required by 2022 alone in urban as well as rural India to provide housing to all citizens. This includes the current shortage of over 60 million houses, out of which around 20 million exist in urban areas. 

    As per the paper, there are a number of solid infrastructure projects in the pipeline. These include 432 projects worth Rs 6.5 trillion for roads, more than 400 projects worth Rs 6 trillion in railways, 70 projects worth Rs 670 billion for the development of airports and 75 projects worth Rs 551 billion for ports. 
     

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  • 22 Jun, 2016
    Rules and Guidelines of Land Revenue department. Government of Sikkim

    Steps required to be followed with regards to land related issues and the works of the Revenue depart of the Government.

     

    I. To issue duplicate Map/Parcha

        • Bank Receipt : Rs 50/- 
        • Required Documents: (Attested/Certified) 
            1. Sikkim Subject Certificate/ Certificate of Identification / Citizenship Certificate/Voter ID card 
            2. FIR filed with the police for the loss of original ROR (Parcha) 
            3. Latest Land Revenue Receipt 
        

    II. Mutation on inheritance

        • Bank Receipt : Rs 500/- 
        • Required Documents: (Attested/Certified) 
            1. Proof of death of the land owner (Death Certificate/ Panchayat Recommendation/ Councilor Recommendation) 
            2. Parcha of the land to be mutated 
            3. Sikkim Subject Certificate/ Certificate of Identification / Citizenship Certificate 
           4. Partition Deed(Optional) 
           5. Spot inspection Report

    III. Mutation on Registration

        • Bank Receipt : Rs 50/- 
        • Required Documents: (Attested/Certified) 
            1. Sale deed/Gift deed document 
            2. Original Parcha of the Seller/Donor along with an attested copy of the same. 
            3. Sikkim Subject Certificate/ Certificate of Identification / Citizenship Certificate 
            4. Khazana receipt 
            5. Report of concerned Amin

    IV. No Landed Property Certificate

        • Bank Receipt : Rs 50/- 
        • Required Documents: (Attested/Certified) 
            1. Sikkim Subject Certificate/ Certificate of Identification / Citizenship Certificate 
            2. Recommendation of Area MLA/Panchayat 
            3. Report of Amin Section 
            4. Affidavit in standard format 
        

    V. Non-Encumbrance Certificate

        1. Application along with Bank Receipt of Rs.50/‐ 
        2. Copy of Parcha 
        3. Verification Report of concerned Revenue Surveyor 
        4. Khazana Receipt
       

    VI. Property Certificate

        1. Application along with Bank Receipt of Rs.50/‐ 
        2. Copy of Parcha 
        3. Khazana Receipt 

    VII. Search Certificate

        1. Application along with Bank Receipt of Rs.200/‐ 
        2. Copy of land parcha and Sale Deed Document if the land is not an ancestral property 
        3. Khazana Receipt 
        

    REGISTRATION

    I. Sale Deed- Required documents

        • Two copies of Sale Deed fully filled and duly signed by the Seller 
        • Spot verification Report from the Amin Concerned 
        • Parcha of the land being sold 
        • SSC/COI of both the Buyer and the seller

    2. Mortgage Deed- Required documents 
        • Original parcha of the land being mortgaged 
        • Attested copy of the Pnoto ID Proof of the Mortgager 
        • NOC from family members • Bank Challan

    3. Lease Deed- Required documents 
        • Two copies of lease deed duly signed by the Lessor & Lesse 
        • Spot verification report from the Amin concerned 
        • Attested copy of the Parcha of the land being leased 
        • SSC/COI of both the Lessor & Lesse

    4. Will - Required documents 
        • Sealed cover containing the will, with the name of the Depositor,, His/her address and nature of Instrument written on the cover 
        • SSC/COI/Voter card 
        • One passport size photograph 
        • BR/Challan

    5. Firms- Required documents 
        • Particulars of the Firm and the Proprieter in the prescribed format (2 copies) 
        • Attested copy of SSC/COI/Voter card 
        • Attested copy of valid Trade license 
        • Bank Receipt 
        • SSC/COI/Voter card

    6. Agreements- Required documents 
        • Attested copy of Photo ID of all the parties to the agreement 
        • Bank Receipt

    7. Adoption Deed- Required documents

        • Attested copy of SSC/COI/Voter card of the applicant
        • Proof of residence of the applicant
        • Recommendation of the ward Panchayat/Counsilor/Area MLA
        • NOC of the biological parents of the child being adopted 
        • Affidavit of the applicant (in case the child is an orphan
        • Citizenship proof of the child being adopted
        • Bank Receipt

     

      LAND ACQUISITION

    • Procedure

    1. Preliminary Survey 
    2. Notice issued to concerned land owners 
    3. Receipt of Form A Rule 3 from Acquiring Agency
    4. Submission of draft of Notification u/s 4(1) of Land Acquisition Act‐I,1894 to the Head Office and publication of the Notification in the Government Gazette by the Secretary LR&DMD 
    5. Public Notice issued u/s 5’A’ 
    6. Submission of draft of Declaration u/s 6 of Land Acquisition Act‐I,1894 and publication in the Government Gazette by the Secretary, LR&DMD 
    7. Request of Order of Acquisition and approval of the Government for the acquisition 
    8. Survey and demarcation of the proposed land for acquisition 
    9. General Notice Clause (I)&(II) and (III)& (IV) u/s 9 of the Land Acquisition Act‐I,1894 
    10. Hearing of Claims and Objections from parties upon the proposed land to be acquired 
    11. Submission of draft of Award Declaration u/s 11 of the Land Acquisition Act‐I,1894 and approval of the Government 
    12. Disbursement of Compensation 
    13. Handing and taking over of land between the acquiring agency and the landowners 
    14. Mutation of acquired land and issue of Parcha

    SUKUMBASI- LAND BANK SCHEME


    The State Government has initiated the Land Bank Scheme vide Notification no.388/LR dated 13.08.1997.

     Eligibility condition: Sukumbasi claiming the land under the Scheme shall fulfill the following eligibility conditions: 
    (i) he/she must be a head of the family of a Below Poverty Line household; 
    (ii) he/she shall hold a Sikkim Subject Certificate or Certificate of Identification; 
    (iii) he/she must not own any landed property registered in his/her name; the above condition shall however be relaxed in the case of a person declared by the Government as displaced by disaster and has no land to build his/her dwelling house; 
    (iv) there should not be any inheritable landed property in his/her father’s name.

    Required Documents: 
    1. No landed Property Certificates” from the concerned Revenue Supervisors, 
    2. Sikkim Subject Certificate / Certificate of Identification, 
    3. Panchayat recommendation and 
    4. a copy of the Parcha of the proposed seller of the land.

    Procedure: 
    1. Applications are received in the prescribed format along with “No landed Property Certificates” from the concerned Revenue Supervisors, Sikkim Subject Certificate / Certificate of Identification, Panchayat recommendation and a copy of the Parcha of the proposed seller of the land. 
    2. Verification of the application is made by the Office of the Deputy Director (L/R) /Concerned Head Supervisor. 
    3. Thereafter, applications received for a particular fiscal year are compiled. 
    4. The names of the applicants are enlisted and forwarded to the Secretary, LR&DMD for financial sanction and approval. 
    5. After the required fund has been sanctioned, the list of beneficiaries is sent back to the District office. 
    6. Allotment orders are prepared and issued by the District Collector to the beneficiaries either during the Janata Melas or from the Office of the District Collector itself
    7. Once land has been identified by the beneficiary and the seller of the land agrees to the transaction, the registration process is carried out as per the norms. Approval of the District Collector is taken for final registration of the land under the Land Bank Scheme.

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  • 21 Jun, 2016
    Land and revenue Dept and property Registration

    Land Registration

    COMPUTERIZATION OF LAND RECORDS

    The Scheme of computerization of land Records was started in 1998-89 by the Department of Land Resources, Ministry of Rural Development, New Delhi . The Land Records in the State are fully computerized. A 3-tier E-Governance System has been developed for computerized system of Land Records management including computerized mutation (transfer of ownership) and computerized issuance of Records of Right (RoR). This application supports Devnagri (Hindi) Script and uses finger print device for user authentication. It has modules such as application receiving, correction, notice issue, mutation processing, report, query, user management and help. It automates the total workflow of the land transaction process. The software has been awarded ISO certification by STQC and is presently implemented in 8 out of 9 subdivisions in the state. The process of land management has been clearly and properly documented and there is no ambiguity with respect to any issue. No citizen has to run from pillar to post to get any land related service from the government. The lengthy process of obtaining NO objection certificates is reengineered as per the convenience and requirement of the citizens. Documentation of the process has been awarded the best technical paper award in International E-governance Conference.

    COMPUTERIZATION OF PROPERTY REGISTRATION

    The process of property registration in the state is managed by an E-Governance System ‘ORCHID’ (Online Registration and Certificate handling, Issuance and Delivery Systems) which is capable of processing and register all types of properties online and issue certificate of registration. It is a complete work-flow automation system with re-engineering of few steps in the web-based technology with finger-print enabled access system. This system also has the capability of instant real-time event notification sub-system to all the logged in users. The system part takes care of the following types of registration: o Property (Sale Deed Registration) o Mortgage Reistration o Lease Deeds (UD/HD and General) o Agreement Registration o Firm Registration o Power of Attorney Registration o Will Registration o Adoption Registration
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  • 21 Jun, 2016
    The Government and our Business.

    It is important to know the different departments of the State Government, their leaders, their plans and visions. 

    With regards to the real estate business its obvious we will be looking at the department of Land and revenue,buildings, housings,infrastructure etc.

    Follow the link below to connect with the official website of the Government of Sikkim.

    https://www.sikkim.gov.in/portal/portal/StatePortal/Department/LandRevenueDepartment

    cheers!!

     

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