Property Titling Law To Protect Owners

Property Titling Law To Protect Owners
New Delhi
The Times of India

Just registering your property and ensuring that your ownership rights make it to the records of the land-owning agencies like MCD and DDA is not enough to safeguard your right as an owner. To protect your right to the title and to check the growing cases of properties in the capital being targeted for takeovers, an expert team has come up with the first draft of a property titling law.

The plan is to set up a central titling authority. It will maintain complete records of all properties and scrutinise the details provided to identify and decide on the real owner. Each property will be issued a unique identification number. A tribunal will be set up for resolving all disputes relating to immovable property in Delhi.

This is expected to prevent fraudulent ownership claims as the records will be available to prove ownership in court. Under the existing system, property ownership details are not available with the authorities concerned.

However, real estate observers and sources in the government say getting all records together at one place will be tough and may take many years as there are multiple land-owning agencies in Delhi DDA, MCD, NDMC and gram sabhas. Moreover, the properties in unauthorised colonies are not yet registered.

A presentation was made before the Delhi cabinet, led by chief minister Sheila Dikshit, on Monday. After the meeting, the CM spoke on the need for a titling law but stressed that the process should be simple.