leasehold properties
By making buying and selling of leasehold properties easy, the Delhi state government had made a welcoming movement, which is sure to bring cheers. This move is a big relief and would bring cheers to lakhs of property owners The Delhi state government has finally relaxed the prohibitions in connection with the sale of leasehold [...] Continue Reading »
The Delhi Government has taken up the restrictions on sales of leasehold properties in a major relief. This is good news for all the property dealers and might boost the prices of real estates. All the registrar officers are asked by the Revenue Department to allow the purchase and sales of leasehold properties. This rule [...] Continue Reading »
Now Delhiites can get their properties converted from leasehold to freehold even without a sanctioned building plan. The same can now be achieved through a copy of house tax assessment order or proof of permanent electricity connection. The Delhi Development Authority (DDA) on Wednesday passed this order in a bid to clear around 1,000 such [...] Continue Reading »
The UT administration has been given a four-month period by the Punjab and Haryana High Court (HC) for finalizing charges involving conversion from leasehold to freehold for flats of co-operative housing building societies. The directions issued by the HC to the UT administration underscore a move which has been widely welcomed by thousands of occupants [...] Continue Reading »
The new scheme, i.e. the conversion of Delhi Development Authority (DDA) flats that were registered on general power of attorney (GPA) and agreement to sell (AS) to freehold has been liberalised by the Urban Development Ministry. Earlier, DDA had stopped conversion from leasehold to freehold of properties registered on GPA. But the new move brought [...] Continue Reading »
