Generate MPR Now!
Dear Maatrum Customer,

This is the information you provided on the property.

Doc No, Year: 796, 2007
SRO: Chennai Central Joint I
Village: Teynampet

We used this information to rate your property using our Proprietary Rating system. Rating indicates the legal health of your property in a snapshot using 7 parameters.

Maatrum Property Rating

This indicates that the property has a clear chain of ownership, and there is also an outstanding mortgages on the property. Size of property in EC doesn't match size in patta. This property is not completely safe from legal dispute.

Conclusion

Our team of real estate lawyers have procured all the information about this property from government records using our robust technology platform. From the strength of these documents, we are of the opinion that the ownership of the that the ownership of the property as described in Section II is clear, and is marketable.

Section I – Overview of EC vs Patta
Section II - Ownership Details
Current Owner as per E.C
If the name above isn’t the name of the owner you have interacted with, we’d suggest investigating further.
Current Owner as per patta
This reflects who is the owner according to the most recent patta (Revenue Records). Usually referred as “person(s) in possession of the property”
Bought From
S. Senthil Velan, S. Nirmala, M. Sharmila, S. Karthika, S. Palanivel Swaminathan, S. Subbulakshmi, P. Subramaniya Siva
Section III - Most Recent Transaction Details
Date of Sale
13.08.2007
Value of Sale
The value of the sale and the date of the sale help benchmark the purchase price at that moment in time. If recent, it may be relevant as a guide to decide value as on today.
Section IV - Property Details
Property Size
6,313 Sq. Ft.
Survey Number
This is an important number to help identify the property in government records. Do not confuse it with address or postal code.
Property Classification
Government classifies land use into residential, commercial, agricultural, governmental etc. If you buy land that is classified as residential, you cannot construct an office or a shop there.
Guideline Value
This is the value used by the government to determine the minimum stamp duty to be paid by the people receiving the property.
Section V-A – Active Mortgage & Lease Details as per E.C.
Section V-B – Active Mortgage as per CERSAI
Section V-C – Closed Mortgage & Lease Details as per E.C.

TIP: If you plan to purchase this property, please sort out the details of the pending mortgage.

TIP: This property is Mortgaged! This section counts for 25% of the Property Rating.The score received is 0/25.

Section VI - Observed Litigation as per EC
Section VII A - CHAIN OF OWNERSHIP –UNBROKEN

This property has an unbroken Chain of Ownership which means that the property has passed from seller to buyer in a straightforward manner, for the past 30 years. A lawyer would refer to such a property as having a ‘Clear Title’

DETAILED HISTORY OF TRANSACTIONS

Executant is a person who puts something into effect. For example, the seller is an executant when he’s selling his property.

Claimant (or applicant) is a person making a claim, especially in a lawsuit. For example, the buyer of the property is a claimant.

Section VIII - Encumbrance Certificates (E.C.s)
Maatrum has performed a thorough search to find all relevant EC’s for this property over the last 30 years. We have looked at the records maintained by the Tamil Nadu Registration department from 1987 till date. If you performed the search on the government’s website using survey number, you would find several EC’s of many different properties. Our proprietary technology filters the EC’s and we give you only the relevant EC’s for your particular property.
Encumbrance Certificates (E.C.’s) Source:Maatrum
S.No Document No. Year of Registration
1 348 2007
2 349 2007
3 796 2007
4 552 2013

TIP: While applying for a bank loan, you may be requested to get a true physical copy of all the EC’s. To apply for the same, visit the Chennai Central Joint I SRO at No.182 Bharati Salai (Pycrafts Road) Royapettah, Chennai-600014.

Sr. no. 1 of 4 | Document no. 348 | Year of registration 2007
Sr. no. 2 of 4 | Document no. 349 | Year of registration 2007
Sr. no. 3 of 4 | Document no. 796 | Year of registration 2007
Sr. no. 4 of 4 | Document no. 552 | Year of registration 2013
Section IX – Patta
Maatrum has performed a search on the website of Tamil Nadu government to find the extract of the most recent Patta relevant to this property using the survey number. Patta (revenue record) is maintained by the Tahsildar at the Taluk office.

TIP: To obtain a Government Copy of the Patta or to update it to reflect the latest ownership details, you can visit the Taluk office in Mylapore.

GLOSSARY

helps to understand if there are any existing loans or mortgages associated with that property. AnEC is issued by the Registration Authorities of the particular taluk/village where the property lies.

A mortgage is an agreement that allows a borrower to use property as collateralto secure a loan. It is an agreement saying that the lender has the right to take action if required payments are not made on time on the loan. The lender is called a mortgagee.

A Patta is a legal document issued by the Government in the name of the actual owner of a particular plot of land. It can also be issued for lands having buildings or individual houses etc. constructed on them. Patta (revenue record) is maintained by the Tahsildar at the Taluk office.

A lease is a contract for renting out land, property, etc, to another party for a specific time period. Lessee is the person or entity that pays rent to the owner of the property

A Chain of Ownership is the sequence of historical transfers of title to a property. The “chain” runs from the present owner back to the original owner of the property. In situations where documentation of ownership is important, when selling or buying property for example, it is often necessary to reconstruct the chain of title.

This is the value used by the government to determine the minimum stamp duty to be paid by the people receiving the property.

A person who a person who puts something into effect. For example, seller is an executant when he’s selling his property.

A person making a claim, especially in a lawsuit. For example, the buyer of the property is a claimant.

Maatrum Technologiesis a start-up that is creating an Indian “Online Real Estate Title Verification system” powered by technology. Our detailed report benefits everyone involved.

Property Owners
  • Obtain a loan from a bank.
  • Verify the details of the property.
  • Give an interested buyer or broker a bankssummary of the property.
Interested Buyers
  • Verify details of the property before you buy or invest.
  • Give a lawyer the summary of the property for quicker legal advice.
Lawyers
  • Speed up the process of giving clients legal advice.
  • Speed up the process of giving ‘ Title Opinions’.