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LEASEHOLD PROPERTY DELHI
Order asking Delhi Gymkhana Club to hand over premises brings focus on Centre's legal powersThe Centre has ordered the Gymkhana Club in Lutyens' Delhi to surrender its 27.3-acre property. This move is for strengthening defence infr...
DDA freezes leasehold-to-freehold conversions in Delhi: What applicants need to know amid policy reviewThousands of property owners in Delhi are facing uncertainty after the Delhi Development Authority (DDA) halted leasehold-to-freehold conve...
Freehold conversion restart to spur Lutyens’ Delhi property dealsA Rs 1,100-crore-plus transaction of the first official residence of the country’s first prime minister Jawaharlal Nehru at 17 York Road (n...
GeM facilitates Rs 2,200 cr asset disposal for govt entities in 4 yearsA forward auction is a digital bidding process through which government departments sell assets such as scrap, e-waste, old vehicles, machi...
Can you convert a leasehold property such as in Noida into freehold? Know how it’s different from a freehold property in GhaziabadIn Noida, property ownership operates under a leasehold model, which means the land is ultimately owned by the authority, whereas Ghaziabad...
DDA's retroactive GST on property conversion challenged in HCA resident of Delhi has stepped into the courtroom, taking a stand against the Delhi Development Authority over its decision to apply Goods...
Delhi’s big-ticket property deals come to standstillDelhi's big-ticket property transactions are affected as the Land and Development Office (L&DO) delays the conversion of leasehold properti...
NOC not needed for properties that became freehold before March 2000"The additional requirement of NOCs from L&DO for freehold privately held properties had stalled several transactions in the most prime loc...
NOC for registrations: Delhi realty companies plan to approach housing ministry for reliefThe order, issued in early July, has put on hold registration of high-value property transactions in Lutyens' Delhi, south Delhi and west D...
Centre asks Delhi govt to make NOC mandatory for L&DO property registrationAccording to the letter written by the L&DO, a department under the housing and urban affairs ministry, there are around 57,389 residential...
Siemens sells Worli office property for Rs 610 croreLast December Siemens had entered into a pact with Whispering Heights to sell the Mumbai property.
Delhi government makes registration of all leasehold property sales compulsoryThe aim is to stop misinformation that such properties cannot be registered and to bring properties in the loop of compulsory registration.
Delhi government relaxes norm on purchase, sale of leasehold propertiesThe Revenue department has asked all registrar offices to allow purchase and sale of leasehold properties and the decision came into effect...
DDA liberalises freehold policy in building plan absence casesDDA issued an order, with immediate effect, according to which the conversion in absence of such plans can be done by following certain pro...
NDMC adopts DDA land rates; brings relief to property ownersMany property owners were not opting for conversion due to the exorbitant rates, causing losses to the civic agency, NDMC officials said.
- HUL sells leasehold rights for Mumbai property for Rs 452 crore
HUL has sold its leasehold rights of a property in Mumbai for Rs 452.5 crore to Ajay Piramal Group firm Piramal Realty.
- Norms for conversion of property in Capital to freehold modified
Delhiites can now get their properties on leasehold registered in their own names by paying a conversion fee and a surcharge equal to one t...