Rustomjee
Builders are among one of the Property Developers and Real
Estate Builders who not only consider the importance of
business and at the same time equally bestow tribute to
social activities and spreading relevant unprejudiced information
to all over the world in all real estate fronts. After acquiring
inspiration through spiritual knowledge, Mr. Rustom Irani
constructed an educational institution that owns and regulates
the Rustomjee International School which is an English Medium
High School in Dahisar .Let
us have some basic knowledge regarding Compulsory Registration
imparted by most reliable Property Developers and Real Estate
Builders – Rustomjee Builders .
Compulsory
Registration of Documents Section 17 of the Registration
Act, 1908This Act lays down different categories of documents
for which registration is compulsory. The documents relating
to the following transactions of immovable properties are
required to be compulsorily registered:
Under Section 2(6) of the Registration Act, 1908 the term
"immovable property" includes: "land, buildings,
hereditary allowances, rights to ways, lights, ferries,
fisheries or any other benefit to arise out of land, and
things attached to the earth, or permanently fastened to
any thing which is attached to the earth, but not standing
timber, growing crops nor grass."
1. Instruments of gift of immovable property.
2. Lease of immovable property from year to year or for
any term exceeding one year or reserving a yearly rent.
3. Instruments which create or extinguish any right or title
to or in an immovable property of a value of more than one
hundred rupees.
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