Index 2 of property is the summary of any document registered with the Sub-Registrar of Assurances in India. It gets generated automatically when you register documents/agreements, such as Leave and License Agreement, Agreement to Sell, Sale Deed, Gift Deed, etc.
In simple terms, it is a kind of extract issued by the registration department as an official record of transaction or document updated in the records of registering authority providing it. Index 2 confirms that the transaction has been completed.
I hope now you know what is index 2 property document.
What Does Index 2 of Property Contain?Property Index 2 includes a short description of the registered document, which generally mentions these details –
Type of Document (such as gift deed, agreement for sale, sale deed, etc.),
Transaction Amount (total money paid by the tenant to the owner or the purchaser to the owner),
Market Value of the Property,
Description of the Property (Unit number, society name, total area, floor number, parking area, division name, plot number, GAT number, village name, balcony area, district name, survey number, etc.),
Property Area (Total area of the property in square feet or square meters),
Name of the Parties to the Agreement (PAN, Name, Address, etc. of the purchaser and owner),
Date of Execution and Registration,
Document Registration No. (it reflects one unique number, year of registration, and office name),
Name of the Registrar Office (office name in which the document is registered),
Registration Fees and Stamp Duty.
Read more:
How To Calculate Market Value Of Property?
How To Calculate Stamp Duty And Registration Charges?
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What is index 2 property document?
Garvit
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2022-03-10T17:58:55+00:00 2022-03-11T17:42:56+00:00Comment
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