Delhi Government’s Decision will lead to sharp rise in property prices
The Delhi government’s decision to ban sale of property through general power of attorney (GPA) has brought major changes in real estate sector.
The government’s decision will cause hardship for the property owners in Delhi who have purchased property on GPA.
From now onwards, any transfer of property sale deed has to be executed and followed, by which it has to be duly registered at sub-registrar’s office.
This will have a sharp impact on real estate sector and will lead to a sharp rise in the free-hold property prices in Delhi.
Related story:
Properties in Delhi cannot be sold through Transfer of General Power of Attorney
Source: The Economic Times
Changes in real estate sector, Delhi, Delhi government's decision, Free-hold property prices in Delhi, General power of attorney (GPA), Properties in Delhi, Property owners in Delhi, Property prices in Delhi, Purchased property on GPA, Registered at sub-registrar office., Sale deed, Sharp impact on real estate sector, Transfer of property
[...] Delhi Government’s Decision will lead to sharp rise in property prices [...]
[...] Delhi Government’s Decision will lead to sharp rise in property prices [...]
[...] Delhi Government’s Decision will lead to sharp rise in property prices Related articles [...]
[...] Delhi Government’s Decision will lead to sharp rise in property prices Residential apartment’s absorption is fastest in Delhi [...]