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All you know about buying property on lease land.
Q: What are the advantages & disadvantages of such property?

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Latest Answer: Definitely UP Govt.& developing authority has to take serious step regarding the conversion of lease land to free hold land in Noida. Delhi has set example by converting leased land to freehold land. Noida people are suffering from this & feeling insecure here. It felt like promised are made to fool people during poll campaign. After election, all promises are in wind. It is the time for responsible authorities to take action for it.
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May I know why restrictions ,imposed by Delhi Govt on sells of lease hold property?

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Latest Answer: Hey Guys, According to latest news, RWA federation is demanding to honorable Chief Minister Akhilesh Yadav, conversion of lease land to free hold in Gautam Budh Nagar.
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What are important documents required for Leasehold properties in Delhi-NCR?
Q: what all documents I need to focus when buying a residential property in Delhi-NCR which is a Leasehold property?

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Latest Answer: Most of properties in Delhi-NCR are leasehold properties and you must know clear difference between a leasehold property and freehold property. In the case of leasehold property, make sure that the ground rent has been settled up to date. Ensure that you have a general as well as special, irrevocable POA, which will allow you to transfer the property in case of the death of the seller.

recommend you this article http://www.commonfloor.com/articles/freehold-property-has-better-marketability-6108.html
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