Execution of the registered agreement to sell coupled with delivery of possession does not result in transfer of the immovable property worth more than Rs.100/-. Effect of such agreements along with will, General Power of Attorney and Special Power of Attorney has conclusively laid down that such a document does not result in transfer of title of immovable property worth more than Rs.100/-.
Transfer of Property Act, 1882 (4 of 1882) Section 53A
Suraj Lamp & Industries (P) Ltd. v. State of Haryana (2012) 1 SCC 656