• Business NewsBeta
  • Shows
    • Daily Show2+2=5Take it EasyRed AlertFormula GuruMoney GyanMoney CentralMoney timeJhatpat
    • Weekly ShowMoney ComicsEconomicomRealty CheckSmile and payMoney TalesSpend WiseCompanynama
  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Crypto
  • Tax
    • हिन्दी
    • తెలుగు
    • मराठी
    • বাংলা
    • ગુજરાતી
    • ಕನ್ನಡ
  • Close
Subscribe Follow

Share

  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
  • Daily Show
    • 2+2=5
    • Take it Easy
    • Red Alert
    • Formula Guru
    • Money Gyan
    • Money Central
    • Money time
    • Jhatpat
  • Weekly Show
    • Money Comics
    • Economicom
    • Realty Check
    • Smile and pay
    • Money Tales
    • Spend Wise
    • Companynama
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home » News » Investment » Buying a property? Know why it is important get mutation done

Buying a property? Know why it is important get mutation done

Mutation in common parlance is the process of transfer of a property from one person to another in the government's revenue record.

  • Money9
  • Updated On - November 11, 2021 / 03:09 PM IST
Buying a property? Know why it is important get mutation done


Gaje Singh bought a plot in the freehold colony in Ghaziabad, adjacent to Delhi. He had just started building the house when two more people came and claimed the same plot as theirs. The matter got complicated when both the claimants had also registered for the plot. Singh’s dream to live under his own roof was destroyed in a moment. His entire family who was looking forward to this new phase of happiness felt highly dejected. But how is it possible that three parties were registered for the same plot? And who is the legal owner of the property?

The answer is simple, which most of us are unaware of.

The situation arose for Singh because he had not done the mutation of the plot, due to which he could not get the ownership rights of it.

What is mutation?

Mutation in common parlance is the process of transfer of a property from one person to another in the government’s revenue record. Only after this process is completed, the person gets legal rights over the respective land. Therefore, it is necessary to get the mutation completed after buying any land.

Benefits

– A large number of illegal colonies are being set up in the country. Once the mutation is done, the chances of cheating are reduced to a great extent.

– Shantinagar Colony was established on government land in Ghaziabad. Later, notices were issued from the city side to demolish it.

– Such apprehensions can be avoided to a great extent after the transfer of land is done in your name in the government’s land records.

– If any land is illegally occupied and is government’s or it comes in submergence area, then buying plot in it will prove to be risky.

– After the mutation is done, if any former owner sells this land in a fraudulent way, then you can fight a legal battle.

– The property dealer will not be able to sell the same plot again and again, once the mutation process is complete. Even if this happens, you will not be harmed.

– If any land is purchased and is acquired by a government agency, then its compensation will not be available if the mutation is not done.

– If the house is damaged at the time of natural calamity, then only those people who have the land in their name get government relief during that time.

– Banks and other financial institutions do not give loans to buy plots or build houses on it without the mutation.

Money9 suggests

A Khasra can cover a large area of ​​land. No matter how many registries can be done through this, but the mutation will be on the basis of actual acreage. Therefore, before buying any plot or agricultural land, make sure that this land is not illegally occupied. While getting the registration done, discuss with the lawyer the legality of the property. Talk about getting rejected from the same. There is a fixed period for dismissal of the filing. Many times, when the intention is bad, the seller itself puts an impediment in the dismissal by raising objections. Therefore, make a responsible person a mediator while making a deal.

Download Money9 App for the latest updates on Personal Finance.

follow us

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Youtube
  • Instagram

also read

  • Benefits of rental bonds for tenants

    Benefits of rental bonds for tenants

  • Rental Bonds can be key to knowing your tenant

    Rental Bonds can be key to knowing your tenant

Read more news on

  • homebuyers
  • land buyers
  • mutation
  • property
  • Real Estate

Latest Video

SEE MORE
Why wheat flour prices increased after wheat export ban?

Why wheat flour prices increased after wheat export ban?

Updated: June 27, 2022
Is Petrol-Diesel price increase again on the cards?

Is Petrol-Diesel price increase again on the cards?

Updated: June 23, 2022
Why are edible oil prices falling?

Why are edible oil prices falling?

Updated: June 23, 2022
Why popular AMC stocks are down?

Why popular AMC stocks are down?

Updated: June 22, 2022
Why are car, two wheeler prices not falling?

Why are car, two wheeler prices not falling?

Updated: June 21, 2022
IRDA bats for reforms in the insurance sector

IRDA bats for reforms in the insurance sector

Updated: June 20, 2022
Should you invest in Gold when stock market is falling?

Should you invest in Gold when stock market is falling?

Updated: June 19, 2022
Why is India's rice export to China on the rise?

Why is India’s rice export to China on the rise?

Updated: June 17, 2022
Open in App

Related

  • Is This a Good Time to Invest in a Housing Fund?

    Is This a Good Time to Invest in a Housing Fund?

  • Benefits of rental bonds for tenants

    Benefits of rental bonds for tenants

  • Rental Bonds can be key to knowing your tenant

    Rental Bonds can be key to knowing your tenant

  • Housing prices set to increase by 5%: Report

    Housing prices set to increase by 5%: Report

  • Why is land registry not enough for ownership rights of a property? Nine points to know

    Why is land registry not enough for ownership rights of a property? Nine points to know

  • Buying a property? Know why it is important get mutation done

    Buying a property? Know why it is important get mutation done

Videos

  • Complaint process on loan recovery agent harassment
    Loan

    Complaint process on loan recovery agent harassment

  • Will buy stocks in India if Nifty drops to 14,000: Christopher Wood
    Exclusive

    PNB, UBI turn ex-dividend

  • Why are edible oil prices falling?
    Exclusive

    Why are edible oil prices falling?

  • Why popular AMC stocks are down?
    Stocks

    Why popular AMC stocks are down?

  • JP Morgan gives target price of Rs 840 to LIC
    Exclusive

    JP Morgan gives target price of Rs 840 to LIC

  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Know this india
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Daily Shows

  • 2+2=5
  • Take it Easy
  • Red Alert
  • Formula Guru
  • Money Gyan
  • Money Central
  • Jhatpat
  • Money time
  • Weekly Shows

  • Money Comics
  • Economicom
  • Realty Check
  • Smile and pay
  • Money Tales
  • Companynama
  • Spend Wise
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • Andorid
  • ios
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2022 Money9. All rights reserved.