Property Card in Pune: Application Process, Importance and Everything About It

Learn about the significance, advantages, and process to obtain a property card in Pune.
Loan Against Property
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5 min
12 April 2024

If you are a property owner in Pune, it is important for you to obtain a property card. It is a legal document that provides information about your property, including ownership details and property tax payments. In this article, we will discuss the importance of a property card in Pune, how to obtain it, the documents required, benefits of having a property card. We will also delve into the importance of a property card while availing a loan against property.

Importance of property card Pune

The importance of a property card in Pune cannot be overstated. Some of the reasons why it is important to obtain a property card are as follows:

  1. Legal documents: A property card is a legal document that provides all the necessary information about the property, making it easier for property owners to handle legal matters related to their property.
  2. Property tax payments: The property card Pune contains information related to property tax payments, which is essential for property owners to avoid any legal issues.
  3. Ownership details: The property card provides information about the ownership of the property, making it easier for property owners to prove their ownership.
  4. Easy to obtain loans: A property card can be used as collateral for obtaining loans such as home loan and loan against property, making it easier for property owners to acquire financing for their properties.

Owning property in Pune provides both legal security and opportunities for financial growth. With a property card, you can seamlessly apply for a Loan Against Property, transforming your real estate into a valuable financial asset. By leveraging the equity of your property, you can secure substantial funds with flexible repayment terms and attractive interest rates. With Bajaj Finserv Loan Against Property, you can get up to Rs. 10.50 crore*, with the benefit of interest-only EMIs during the initial tenure.

How to obtain a property card?

The process of obtaining a property card in Pune is relatively simple. Here are the steps involved:

  1. Visit the local municipal office in the area where your property is located.
  2. Ask for the property card application form and fill it out completely.
  3. Once the application is submitted, the officials will verify the details provided in the application.
  4. After the verification is completed, the property card will be issued.

The property card is more than just a legal document—it serves as a key to easy and affordable financing. Whether you want to grow your business or meet personal expenses, a loan against property from Bajaj Finance offers quick access to the funds you need with minimal hassle. Get the funds in your bank within 72 hours* of approval.

Documents required for property card

To obtain a property card in Pune, you will need the following documents:

  1. A copy of the property sale deed.
  2. Latest property tax receipt.
  3. Old property cards (if available).
  4. Copy of the survey sketch of the property.

Benefits of having a property card

There are several benefits of having a property card, some of which are listed below:

  1. Legal documents: A property card serves as a legal document that provides details about the property, making it easier for property owners to handle legal matters.
  2. Proof of ownership: The property card contains information about the ownership of the property, making it easier for property owners to prove their ownership.
  3. Maintenance and tax payments: The property card contains information about the maintenance and tax payments of the property, which can help property owners avoid any legal issues related to the property.
  4. Financing: A property card can be used as collateral for obtaining loans such as home loans or loans against property, making it easier for property owners to acquire financing for their properties.

With your property card, you not only simplify legal processes but also gain access to attractive financial solutions. Bajaj Finserv Loan Against Property lets you utilise the potential of your property to achieve your goals, from funding higher education to business investments. Get access to large funds with the flexibility to part-prepay your Flexi Loan at no extra cost.

Difference between property card and land title

Aspect

Property Card

Land Title

Definition

A document issued by municipal authorities detailing property information.

A legal document certifying ownership rights over a piece of land.

Purpose

Records property-specific details, primarily for urban areas.

Establishes clear ownership and is used in transactions like sales or loans.

Issued By

Municipal or urban local bodies.

Revenue department or land registration office.

Scope

Focused on urban properties and structures.

Applicable to all types of land, including rural and agricultural land.

Includes

Owner’s name, property size, usage type, tax details.

Owner’s name, chain of ownership, and any legal claims or encumbrances.

Usage

Used for property assessment and paying taxes.

Required for buying, selling, or mortgaging land.

Importance

Ensures accurate property tax payments and tracks property details.

Provides legal proof of ownership, preventing disputes.

 

How can property card help in legal processes?

A property card can be extremely helpful when it comes to legal matters related to a property. It provides all the necessary information about the property, making it easier for property owners to prove their ownership and to navigate legal procedures without any major hassles.

For example, suppose that a property owner is involved in a legal dispute related to their property. In that case, the property card can be used to provide necessary information such as ownership details and previous property tax payments, which can help in resolving the dispute.

Property card Pune: Key information

Here are some key points to note about the property card Pune:

  1. It is a legal document that provides information about the property.
  2. It contains details such as property tax payments, ownership, and a description of the property.
  3. It is necessary to obtain a property card to handle legal matters related to a property.
  4. It can be used as collateral for obtaining loans.

Checklist for property card Pune

If you are looking to obtain a property card in Pune, here is a list of things you should keep in mind:

  1. Make sure you have all the necessary documents.
  2. Visit the municipal office and ask for the property card application form.
  3. Fill out the application form completely and submit it along with the required documents.
  4. Wait for the officials to verify the information provided in the application.
  5. Once verified, the property card will be issued, and you can use it for legal or financing purposes.

The property card Pune is an essential legal document that provides information about a property, including ownership details, maintenance, and tax payments. It is necessary for property owners to obtain a property card to handle legal matters or in obtaining financing options such as home loans or loan against property.

A property card in Pune proves your ownership and tax compliance. Use this as collateral to avail a loan against property and turn your dreams into reality—be it home renovation, medical expenses, or a new business venture. Get loan of up to Rs. 10.50 crore against your property within 72 hours* of the approval.

Looking for financial support? Unlock the potential of your residential or commercial property with a Bajaj Finserv Loan Against Property. Whether it is renovating, expanding your business, or fulfilling personal needs, our hassle-free process and competitive loan against property interest rate pave the way for seamless access to funds. Let Bajaj Finserv turn your property into a gateway to achieving your goals. Apply now and seize the opportunity.

*Terms and conditions apply.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Is a property card different from 7/12 extract in Pune?

Yes, a property card provides urban property details, while the 7/12 extract records rural land ownership and usage. Both serve different purposes for specific property types.

Can I download the property card for Pune city online?

Yes, property cards for Pune city can be downloaded online through the official Maharashtra Land Records website or the local municipal authority’s portal.

How do I correct errors in my property card in Pune?

To correct errors in your property card, visit the local municipal office, submit a written application with supporting documents, and follow their verification process.

Who issues property cards in Pune?

Property cards in Pune are issued by the city survey office under the jurisdiction of the Maharashtra Land Records Department.

What is a Property Card?

A Property Card is a document that contains important information about a particular land or property. It includes details such as the owner's name, property boundaries, and land use. This card is issued by the local Municipal Corporation to keep track of all properties within their jurisdiction.

How can I apply for a Property Card in Pune?

To obtain a Property Card in Pune, you need to visit your local Municipal Corporation office and fill out a form with your property details. You will also be required to submit copies of relevant documents such as the sale deed, tax receipts, and survey report. Once your application is processed, the Municipal Corporation officials will visit the property for inspection before issuing the card.

What are the types of property card in Maharashtra?

In Maharashtra, there are two types of property cards - 7/12 Extract and Property Register Card. The 7/12 Extract contains the details of the landowner, survey number, and land area. The Property Register Card, on the other hand, contains more detailed information such as the land use, property boundaries, and other legal details related to the property.

How can I get property card in Pune?

To get a Property Card in Pune, you need to go to your local Municipal Corporation office and apply along with relevant documents. The application will be processed, and the officials will conduct an inspection of the property before issuing the card.

Is property card compulsory in Pune?

Yes, having a Property Card is mandatory for all properties in Pune. Without this card, you may face legal issues while buying, selling, or transferring ownership of the property. In addition, the card is also essential for availing loans against the property or for obtaining building permissions from the local authorities.

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