The Property Sector boom in India and the resulting exponential growth in registration volumes have also led to an increase in property related fraud and fake/illegal transactions.

1. Document Authentication
for Properties
nonClonableIDTM
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has developed a unique
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that enables documents to be
authenticated as they move
between stakeholders.
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2. Fraud and
illegal transactions
Fake
registered documents
The Property Sector boom in India and the resulting exponential growth in
registration volumes have also led to an increase in property related fraud and
fake/illegal transactions.
A 2006 report by the Reserve
Bank of India (RBI) indicates that
submission of fake documents
to procure housing loans is a
rampant practice in the property
sector. This is attributed to the
sharp rise in housing loan fraud.
In fact, the National Housing
Bank (NHB), a subsidiary body of
RBI has flagged up submission of
forged title documents for gaining
housing loans and Multiple
Financing as “HIGH” severity fraud
in their Fraud Circular to all HFCs
and Banks.
The menace of fake title deed
documents has also had
significant impact on the Banking
and Housing Finance sector.
Title deed documents (which
are a necessary requirement
for banks to sanction property
loans) are faked by individuals in
order to gain loans for illegally
acquired properties/unauthorized
properties. Moreover, this method
of faking registered sale deed
documents is a common practice
for gaining multiple loans from
different banks, as the original
sale deed is retained by the bank
that sanctioned the first loan.
PROBLEM PROBLEM
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3. Ownership issues Revenue loss to
government and
mortgaging banks
Document forgery/fraud and violations in the property sector have resulted in many
ownership issues embroiled in legal tangles.
Fraudulent practices in the property sector also cause significant losses to governments
in terms of lost registration fees and stamp duty.
Modus operandi adopted
by fraudsters to perpetrate
fraudulence
• Forged sale documents, which
appear genuine to buyers
• Forged Power of Attorney
(POA) and impersonation
during registration
• Double sale of property by
concealing facts
• Multiple mortgaging of a
single registered property
by producing fake
property documents
This fraud, and consequent
revenue loss, is facilitated by
inadequate authentication
mechanisms and the following
kinds of structural loopholes in
the complex property
registration system.
• No foolproof document/stamp
instrument authentication
mechanism during registration
• Current registration system
offers no assurance to the title
beyond the seller’s claims
PROBLEM PROBLEM
• Selling plots on an installment
basis to buyers, but registering
the same property to another
person who makes a
one-time payment.
• Lack of an efficient way for
buyers to verify property
credentials and ownership
history
• Inefficiencies in the property
transaction process
• It is a challenge for Banks to
verify mortgage clearances
through Encumbrance
Certificates as equitable
mortgages are not registered
• Government valuations are not
in line with fast rising
property prices.
There is a strong need to curb
fraudulent property transactions
and bring in security and
efficiency capabilities into
the property registration and
ownership due diligence process.
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4. nonClonableID™ LABEL WITH BAR CODE
Modular Solution - End-To-End Functional View
State Treasury District Treasury Sub Treasury Banks / PO
Stamp paper labeling
and commissioning
Stamp paper activation
before dispatching
Labeling,
commissioning and
activation of label on
franked / e-stamped
instrument
Stamp paper receipt event
capture through authentication
(packaging hierarchy)
Label status update with
dispatch details to sub treasuries
Label status update with
stamp paper issuance to
banks / PO or agents
Stamp paper receipt event
capture through authentication
(packaging hierarchy)
Stamp paper authentication
during sale to citizens
Licensed
Agents
Registered document security, card issuance and authentication
Stamp Instrument Tracking and Authentication
Registered POA
document labeling
after POA
registration
Sale deed document
labeling after
registration
Property registration
card authentication
for due diligence
whenever citizens /
banks avail service
Sale deed
authentication for due
diligence whenever
citizens / banks
avail service
Card label linking to
registered document
and activation
Card
printing
POA authentication
before registration
Sub Registrar Office
Sub Registrar
Office
Stamp instrument (stamp paper,
franked / e-stamped instrument)
authentication before
POA (Power of Attorney) /
property registration
Labeling / commissioning and
activation of label on franked /
e-stamped instrument
The nonClonableID™
advantage
Authentication-based
security
SOLUTION SOLUTION
Solution Features
• Securitized sale deed and
Power of Attorney
• Stamp instrument security
and authentication
• Securitized property
registration cards
• Document management
and secure retrieval
• Single-point due
diligence service
• Reporting and exception alerts
• Linked ownership
transfer transactions
• Tamper-evident labels
alerting the recipient (Sub
Registrar Office (SRO)) of any
document/stamp instrument
authentication failure
• Enables the tracking of
documents/stamp papers
to prevent theft, misuse
and diversion
• Enable the registration
personnel to authenticate the
registered sale deed / source of
stamp instrument in real-time
Aimed at curbing fraudulent
property transactions, the solution
also helps the State Governments
to plug registration and stamp
duty revenue losses.
06 07
The nonClonableID™ label is a
unique, materials-based
fingerprint consisting of randomly
distributed particles and cannot
be reproduced even by Bilcare.
Through authentication-based security of registered documents using nonClonableID™
labels , Bilcare’s Document Security and e-Governance Solution addresses the structural
inefficiencies to create a transparent property transaction ecosystem.

5. STEP 1 - The nonClonableIDTM
card fingerprint or document label is swiped
using Bilcare’s reader.
STEP 3 - Post-authentication, govermment information is retrieved against
the card. This information will be hosted at Bilcare’s site.
STEP 2 - The nonClonableIDTM
card fingerprint or document label is
authenticated at the Bilcare server.
BILCARE READER
Authentication
server housing
nonClonableIDTM
fingerprints
at Bilcare
PROPERTY
OWNER
REGISTRATION AT SRO
Server housing
the registration
details at the
SRO level - local
to SRO office
BROADBAND
INTERNET
LANUSB
Govemment server
housing the
registration details
- local at the
SRO level
DOCUMENT
SCANNER
CARD
PRINTER
BILCARE READER
Authentication
server housing
nonClonableIDTM
fingerprints
at Bilcare
ISSUE OF
REGISTRATION CARDS
PROPERTY
OWNER
Label stamp papers
with Bilcare
nonClonableIDTM
fingerprints
BROADBAND
INTERNET
LAN USB
Bilcare supplies
blank nonClonableIDTM
ID cards and labels
for stamp paper
documents
REGISTRATION
ATSRO
STEP 1 - Registration done as per the process - documents scanned and
saved in a folder at SRO (Sub Registrar Office) server.
STEP 4 - Stamp paper documents are labeled with Bilcare
nonClonableIDTM
fingerprints.
STEP 2 - The nonClonableIDTM
card is swiped and gets activated.
The barcode number of the card is linked with the folder at the SRO server.
STEP 3 - Blank nonClonableIDTM
card is customized, printed and issued.
How it works Efficiency in
due diligence
The property sales deed document will be securitized at the time of registration and a
secure property registration card will be issued, providing convenience and ownership
identity to the property owner.
This solution also provides an efficient due diligence service for property buyers/banks
with the nonClonableID™ fingerprint serving as a secure key to access ownership details
and related documents.
SOLUTION SOLUTION
The solution can also be extended
to securitizing stamp instruments
used for payment of stamp duty
and can be offered as a modular
solution with an additional stamp
paper tracking and authentication
capability.
08 09

6. REGISTRATION AT SRO
OFFICER BILCARE READER
PROOF OF OWNERSHIP VERIFICATION
DOCUMENT
Transparent property
transaction ecosystem
Multiple security and
efficiency capabilities
Bilcare’s solution will provide several direct benefits to different stakeholders involved in
the property transaction lifecycle.
BENEFITS BENEFITS
Authentication-based Security of
Registered Documents
• Strengthens the system of
guaranteeing ownership rights
• Reduces property related fraud
and document forgery.
e-Governance
• Serves as a ‘one-stop-shop’
due diligence service point
to verify transactions and
ownership history
Citizens (Bona fide property
owners/potential buyers)
• Securitized ownership
document providing foolproof
ownership rights on
the property
• Convenience in carrying out
due diligence on the property
before buying
• Assurance of payment of
stamp duty on original
stamp instruments
• Avoid being duped by
fraudsters through sale of
property using fake
registration papers.
• Provides easy and secure
access to retrieval of authentic
registration data through a
secure key
• Provides ownership identity
through identity-based
property registration cards.
Minimize Revenue Losses
• Disincentivizes the evasion
of registration of
property transactions
• Plugs losses from sale/use of
fake stamp instruments
Department of Registration
and Stamps
• Enhances the sanctity and trust
of the registered document as
‘proof of ownership’
• Improves efficiency in
due diligence and citizen
orientation of the property
registration service
• Reduce stamp duty and
registration fee evasion /
leakage
Additional Revenue Stream
• Additional revenue stream for
the Registration Department
through the property due
diligence service without
any investment.
• Document authentication
and due diligence of property
ownership would be based on
a per transaction service fee
(shared between Build-Own-
Operate-Transfer operator
and Government).
Mortgaging Banks
• Prevent multiple mortgaging
of property through fake
registered documents
• Faster and easier verification
process for loan sanctioning
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