I HAVE PURCHASED A PROPERTY FROM DEBT RECOVERY TRIBUNAL (DRT - 1) VIA A SALE CERTIFICATE ISSUED BY THE RECOVERY OFFICER. I WANT TO KNOW IS IT MANDATORY TO GET SUCH A PROPERTY REGISTERED IN THE REGISTRAR OFFICE? ALSO I WANT TO KNOW THE PROCEDURE TO SELL SUCH A PROPERTY TO A PRIVATE BUYER?
Ji, after issue of Sale Certificate by the DRT, the DRT will send a copy of the same to the Sub Registrar concerned for enter the same into their records. so you obtain information whether the DRT sent the sale certificate to the SRO or not. If it is received by the SR, you may transfer it by sale or gift etc.