Hi Rishabh, Delhi government has lifted restriction on sale of leasehold properties which will benefit lakhs of property owners and may trigger hike in real estate prices. The Revenue Department has asked all registrar offices to allow purchase and sale of leasehold properties. Although there were restrictions, transactions had been taking place through general power of attorney. Properties that have changed hands but were registered through power of attorney or sale agreement will be allowed for sale and purchase transactions.
@ Mr Jain, As per my knowledge, an agreement to sell in respect of immovable property is covered under section 17 (1-A) of the Registration Act and is a valid document to be registered if so desired by the parties and as such all these documents cannot be refused by Sub-Registrar.