I recently inherited a piece of land from my father, and someone suggested that I should get the property mutated in my name. I have heard about property mutation before, but I am not entirely sure what it means and why it is necessary. From what I understand, it is a process of updating ownership records in municipal or revenue department records.
However, I am confused about the exact procedure, the required documents, and how long it typically takes. Could someone explain the importance of property mutation, the step-by-step process involved, and any challenges one might face while getting it done? Additionally, does the process differ for inherited properties, purchased properties, or properties received as gifts? Any insights on fees, online application availability, and specific rules in different states would also be helpful.