buying leasehold properties in Noida

Q: hi, i want to invest in noida, kindly suggest me if the leasehold property is a good option to invest? is it safe?

Manisha Soori, Gurgaon

12th April 2013

Investment Advice in Delhi

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delhi ncr

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leasehold flats

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Replies (7)

Hi Manisha, For the real discussion on your requirement, lets meet over a cup of coffee. I'll explain you the project I work with which will give you appreciation in your investment and ofcourse a good rental value as well at a prime location on Nodia- GN Xpressway. Please call @ Pooja: 9999700715

Pooja, Delhi

28th April 2013

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Guys go ahead with the idea & buy property at Yamuna Expressway.It is 100% safe as the lease hold is for 99 years

Pavan Jain, Delhi-NCR

19th April 2013

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Hey people it is 100% safe. Although Delhi was also leasehold and later it was made freehold

Neha Srivastava, Delhi-NCR

19th April 2013

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I agree with both of you , as the fact is leasehold properties are not freely transferable and the transactions are done through Power of Attorney make them a risky venture. So be careful while checking the documents. And i also heard that Delhi , some years back, all properties were on leasehold.

Ruchi Mishra, Noida

19th April 2013

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Hoolla, i can just advice you few things like leasehold Properties or buying property means that you own just the building and not the land, so in that case you have to pay the ground rent to your landlord. In Delhi the government owns most of the land and some of which is leased out. You should keep in mind that leasehold properties are not freely transferable and the transactions are done through Power of Attorney (POA).

Sukhwinder Kher, Gurgaon

18th April 2013

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Hi, i think almost 90 % of the commercial property is in leasehold.so it is safe to invest in leasehold properties even if the property is leasehold authority is more responsible for its infrastructural development and all modern amenities. You know i think there is no risk in investing in leasehold property mainly time period of leasehold properties are 99 years which will be extended before the time period will be expired . Although i would like to suggest you that please research past projects before investing

Sunil Sharma, Noida

18th April 2013

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