Stamp Duty and Registration are a necessary hassle for all. In spite of yielding thousands of crores of rupees to the Government, there seems little effort on the part of the powers that be, to streamline and computerise this. Apart from the fact that the duty itself is very high, for the first time higher than the actual purchase price of all areas, paying it and getting the document registered is a time consuming job. The construction aspect is something that most buyers do not seem to be much bothered about. But the basic construction involving a proper cement-water ratio, a simple thing as sand, and solid steel is something very few buyers question their builders about.
Law now covers titles and approvals.
Unfortunately, there was, until recently, no gradation system for builders. Just about anybody could become one. True, the Constitution of our country guarantees us a freedom to work. But no freedom is free. With the construction industry at last acquiring an industry status, IDBI is now planning a gradation system for builders.