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The journey of buying a property is incomplete without property registration; you need all the necessary documents before the property can lawfully be yours. While there is a contract between you and the seller, a change of ownership only occurs after the property is legally registered under your name in the government's data.
The executive authority is headed by the Chief Minister of Puducherry, who is the de facto head of the territory and is vested with most of the executive powers; the Legislative Assembly's majority party leader is appointed to this position by the Lieutenant Governor of Puducherry. Generally, the winning party decides the chief minister.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
In countries with personal ownership of real property, civil law protects the status of real property in real-estate markets, where estate agents work in the market of buying and selling real estate. Scottish civil law calls real property heritable property, and in French-based law, it is called immobilier ("immovable property").
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Inalienable possessions (or immovable property) are things such as land or objects that are symbolically identified with the groups that own them and so cannot be permanently severed from them. Landed estates in the Middle Ages , for example, had to remain intact and even if sold, they could be reclaimed by blood kin.
This includes all immovable property, all lockers and safe deposits; and all negotiable instruments such as promissory notes, shares, debentures and other commerce. Citizens of India are banned from entering any transactions by way of granting development rights, selling, transferring or mortgaging more than a third of a property ...
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.