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Q.

What is index 2 property document?

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Summary
Index II is an official document issued by the Sub-Registrar's office after property registration, summarizing key details of the sale transaction. It includes information such as the buyer and seller names, property description, sale value, stamp duty paid, and registration date. This document serves as proof that the property has been legally registered and acts as important evidence of ownership transfer, often required for loans, resale, or legal verification purposes.

A short delay is usually normal since Index II can take time to locate, though it's downloadable within minutes via the IGR Maharashtra eSearch portal for most registered properties. It becomes a red flag only if the seller gives vague excuses, avoids the topic entirely, or keeps stalling indefinitely. Since it's registrar-generated and hard to fake, a genuine owner has little reason to delay producing it once asked. 

Is a Delay in Producing Index II a Cause for Concern?

A short delay of a few days is normal, as the document is fetched from the Sub-Registrar's records. Sellers can request certified copies online or in person if the original is misplaced.

  • Genuine sellers usually cooperate promptly and provide alternative documents like the registered sale deed meanwhile.

  • Repeated excuses or reluctance to share the document should raise suspicion.

  • Missing Index II could indicate an unregistered or improperly executed sale transaction.

  • Cross-check the property details with the Sub-Registrar's office directly if delays persist.

  • Involve a property lawyer to verify authenticity once the document is finally shared.

What Should Buyers Do if the Index II Cannot be Produced?

If the seller is unable to produce the Index II despite reasonable time, buyers should treat it as a serious red flag and pause the transaction. It is advisable to independently verify the registration status through the Sub-Registrar's office and consult a legal expert before proceeding further. I hope this helps.

Get Property Registration Documents Prepared and Filed by NoBroker Legal Team  
0 2022-03-11T17:26:36+00:00

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?

I hope you like my answer on what is index 2 of property.

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