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Delhi approves e-registration for property transactions

By IANS,

New Delhi : The Delhi government Monday approved e-registration of property transactions to cut down on the time taken in such deals and integrate data from various registrar’s offices.

“In order to achieve wider goal of computerization of sub-registrar offices, the cabinet has decided to implement e-Registration Fees Project which is highly secured with proper audit trail and cross verification system,” Delhi Chief Minister Sheila Dikshit said.

The registration fees are levied on various instruments of transaction of property presented before registering authority for registration under the provision of Registration Act, 1908.