1. Authorities Involved
- Noida Authority / Greater Noida Authority / YEIDA: These development authorities allot plots on leasehold basis.
- Sub-Registrar Office (Noida/Greater Noida): The actual registration of the lease deed is carried out here.
2. Key Steps in the Process
-
Permission from Authority
- The allottee must apply to the concerned authority (e.g., YEIDA, Noida Authority) for permission to execute the lease deed.
- A covering letter is submitted mentioning the plot details and request for lease deed registration.
-
Document Preparation Required documents typically include:
- Allotment letter (original and photocopy)
- Payment challans (self-attested copies)
- Agreement to lease (if executed earlier)
- Affidavit-cum-undertaking (format provided by authority)
- Identity proofs: Aadhaar, PAN card
- Passport-size photographs (usually four)
- Signatures attested by a bank or gazetted officer
- PAN cards of two witnesses
-
Execution of Lease Deed
- Draft lease deed is prepared as per authority guidelines.
- Stamp duty is paid based on circle rates notified by the district administration.
- The deed is signed by the allottee and witnesses.
-
Registration at Sub-Registrar Office
- The executed lease deed is presented before the Sub-Registrar in Gautam Budh Nagar (Noida/Greater Noida).
- After verification of documents and payment of registration fees, the lease deed is officially registered.
3. Important Considerations
- Stamp Duty & Registration Charges:
- Stamp duty is calculated as per circle rate of the property (per sq. meter) plus applicable charges.
- Registration fee is additional and must be paid at the Sub-Registrar office.
- Checklist Letter:
- The authority issues a checklist letter to the allottee, which must be submitted during registration.
- Legal Effect:
- Once registered, the lease deed becomes a legally binding document establishing the allottee’s rights over the plot for the lease period (generally 90 years for residential plots).
4. Risks & Tips
- Delays: Missing documents or incorrect stamp duty calculation can delay registration.
- Verification: Always verify the latest circle rates and stamp duty requirements from the Gautam Budh Nagar district administration.
- Professional Help: Many allottees engage local advocates or deed writers to ensure compliance with authority formats and Sub-Registrar requirements.
Quick Checklist for Lease Deed Registration
| Step | Requirement |
|---|---|
| Permission | Covering letter + authority approval |
| Identity Proofs | Aadhaar, PAN, photos, attested signatures |
| Plot Documents | Allotment letter, payment challans, agreement to lease |
| Authority Formats | Affidavit-cum-undertaking, checklist letter |
| Financials | Stamp duty (circle rate), registration fee |
| Execution | Signing by allottee + witnesses |
| Registration | Submission at Sub-Registrar office |
In short, lease deed registration in Gautam Budh Nagar requires coordination between the development authority and the Sub-Registrar office, with strict adherence to documentation and stamp duty rules.
