While there's no strict national deadline for property mutation, it's generally recommended to complete it within six months of the ownership change.
This helps avoid potential complications and disputes.
Prompt mutation is particularly important for land buyers, while flat buyers may have some flexibility, but it's still best to complete it as soon as possible. Mutation is crucial for property tax payments, refinancing, and future sales.
Updating government records with the new owner's information ensures that the local authorities have accurate records.
If you don't complete mutation within the timeframe, you may face issues with property tax payments and penalties if the records don't reflect the new owner.
If you haven't completed mutation, the previous owner could potentially claim ownership or dispute transactions related to the property.
Without mutation, it may be difficult to prove ownership when selling the property in the future.
In essence, completing mutation as soon as possible after acquiring a property is highly recommended to ensure smooth transactions, avoid potential legal issues, and ensure the accuracy of government records.