1. What is a Property Card?

   • A Property Card is an official document issued by the Ahmedabad Municipal Corporation (AMC) that details property ownership, location, size, boundaries, and other essential information.

   • It acts as the property’s official identification and is crucial for buyers, sellers, and investors.

2. Role of Property Cards in Real Estate Transactions:

   • For Buyers: Verifies the seller’s legal ownership, reducing the risk of fraud.

   • For Sellers: Proves the property is free from legal disputes, ensuring smoother transactions.

3. Why Property Cards are Important in Ahmedabad:

   • Ownership Verification: Confirms the legitimacy of the property owner.

   • Legal Compliance: Ensures the property adheres to local regulations.

   • Loan Applications: Required by banks to verify property details before approving loans.

   • Property Tax Calculations: Used by AMC to assess annual property taxes.

4. Information Included in a Property Card:

   • Owner’s name and address, plot details, legal descriptions (freehold/leasehold), survey number, property valuation, and previous ownership history.

5. How to Obtain a Property Card:

   • Step 1: Ensure ownership with a clear title deed.

   • Step 2: Submit an application to AMC with necessary documents (title deed, tax receipts, ID proof).

   • Step 3: AMC verifies the application and inspects the property.

   • Step 4: AMC issues the Property Card upon successful verification.

6. Legal Implications of Not Having a Property Card:

   • Difficulty in proving ownership during disputes.

   • Challenges in selling or transferring property.

   • Complications in property tax assessments and payments.

7. Property Cards and Loans:

   • Banks require Property Cards to verify ownership and property details before approving home loans.

   • Lack of a Property Card can delay or hinder loan processing.

8. Updating a Property Card:

   • Submit a request to AMC with updated documents (e.g., sale deed, renovation approvals).

   • AMC verifies and updates the Property Card accordingly.

9. Challenges in Obtaining/Updating Property Cards:

   • Bureaucratic delays, inaccurate records, and lack of awareness among property owners.

Conclusion:
A Property Card is a vital document for property owners in Ahmedabad, serving as proof of ownership and ensuring smooth real estate transactions. It is essential for legal compliance, loan applications, and accurate tax assessments. Property owners should prioritize obtaining and updating their Property Cards to avoid legal and financial complications. For assistance, Around Town Realty offers expert guidance on property documentation and real estate needs in Ahmedabad.