Plot in Patna

Plot in Patna

If you’re planning to invest smartly, secure your future, or build your own home, buying a plot in Patna is one of the best decisions today. With continuous development, affordable prices, and improved infrastructure, Patna is turning into a top real estate destination.

Circle rates, or Minimum Value Register (MVR), are the government’s benchmark rates for property transactions, influencing stamp duty and registration charges.biharadvocatesclub.in+5bhulekhbihar.co.in+5magicbricks.com+5

  • Current Status: The Patna district administration is revising circle rates to align them with market values. Surveys indicate a potential increase of 30% to 50% in both urban and rural areas. The updated rates are expected to be implemented soon. bhaskar.com

  • Check Current Rates: Visit the Bhumijankari Bihar Portal and navigate to the “View MVR” section. Input your registration office, circle name, thana code, and land type to view applicable rates. magicbricks.com+2bhulekhbihar.co.in+2magicbricks.com+2


đź’° Stamp Duty & Registration Charges in Patna

These charges are calculated based on the property’s value and the buyer’s profile:housing.com+7biharadvocatesclub.in+7aurumproptech.in+7

Plot in Patna
Plot in Patna

đź“„ Essential Documents for Property Registration

To register property in Patna, ensure you have the following:

  1. Identity Proofs: Aadhaar Card and PAN Card for both buyer and seller.biharadvocatesclub.in+1studytoper.in+1

  2. Property Documents:

  3. No Objection Certificates (NOCs): Required from relevant authorities such as:

    • Cooperative Society

    • Airport Authority of India

    • Fire Department

    • Archaeological Survey of India

    • Forest Department

  4. Financial Documents:

  5. Affidavits:

    • Combined Affidavit.

    • Affidavit of Litigation.

    • Indemnity Bond.

    • Ceiling Affidavit.

    • Road Widening Affidavit.

    • Affidavit for leaving excess land.


📝 Property Registration Process in Patna

  1. Title Verification: Ensure the seller has a clear title. Obtain an Encumbrance Certificate from the Sub-Registrar’s office.biharadvocatesclub.in

  2. Sale Agreement: Draft and sign a sale agreement detailing terms and conditions.

  3. Stamp Duty & Registration Fee Payment: Calculate and pay the applicable charges.

  4. Sale Deed Preparation: Draft the final sale deed incorporating all details.biharadvocatesclub.in

  5. Execution of Sale Deed: Both parties, along with two witnesses, must sign the deed at the Sub-Registrar’s office. Biometric verification is mandatory.studytoper.in+2biharadvocatesclub.in+2magicbricks.com+2

  6. Document Submission: Submit all required documents for registration.

  7. Mutation of Property: Post-registration, apply for mutation to update municipal records.