Dear Readers.
As per Registration Act we have to register all Sale Deeds and as per Stamp Act we have pay the Stamp Duty. So far it is OK. THe money we pay is the revenue to the Government. SO that Government is under obligation to protect the interest of the Registered owners of the property. Lot of builders/ Agents are selling properties to multipul purchasers. There is a high nexus between Govt authorities and these brokers.
The moment you pay the mandatory Tax / Fee for getting title as per the law specified, govt is liable and resonsible to take care of your interest.
It is very funny that Govt is so irresponsible to take care of the interest of the purchasers. Technology is improved, sources improved why govt is not impleting preventive measure. for example if you withdraw the money your banker will given intimation that some amount is withddrawn. Your any type of electronic account cannot be accessed by any other person. ( misuse is different) . Like wise once a property is registered why there will not be any on line updation. why there is no cross check in the SRO or RO offices. Why purchasers will suffer. Where is the role of Govt after taking /collecting fee/tax etc.,
Registration offices are to be made accountable for each and every wrong registration. Even after making payment for proper registration and stamp duty lot of purchasers are not getting proper title. Even in due deligency also lot of facts are untraceble.
we have to takeukp the issue for the right cause.
Venkatkrishna.
