Floor wise Freehold Conversion in DDA, Delhi
Freehold Conversion Policy for Multi Storied Commercial Complexes, Buildings
Delhi Development Authority has started conversion of individual Flats / floors / shops in multistoried Residential and Commercial Complexes in Delhi from lease hold to free hold on payment of applicable. conversion charges.
The scheme is applicable for all Flats/ floors / shops in multistoried Residential and Commercial Buildings and Complexes.
The applicant is required to pay one time charges for conversion from leasehold to freehold. The charges have to be paid in lump-sum. A surcharge of 33.33% on the conversion fee would be payable over and above the normal conversion charges.
Individual flats / floors / shops in mult-storied residential, commercial and mixed land use complexes shall be allowed conversion from leasehold to freehold in cases where the owners have complied with the following conditions.
a) Lessor had obtained permission for construction of multistoried group housing complexes and multi-storied commercial complexes and has also complied with the bye laws and regulations laid down by the Central, State & local bodies;
b)The building plans had been sanctioned by the local body
c)The purchaser will have to provide proof of his ownership rights such as registered General Power of Attorney / Agreement to Sell / Sale agreement / Sale deed.
Further preconditions shall be as under;
The conversion application has to be made by a person holding a valid power of attorey from the lessee/sub lessee/ allottee to sell / transfer the property.
The applicant has to give Proof of physical possession of the property.
Where there are multiple / chain of power of attorneys, conversion will be allowed only after verifying the factum of physical possession provided that the linkage of original lessee/sub lessee allottee with the last power of attorney is established and attested copies of power of attorneys are submitted;
Conversion of individual flats/floors/shops in such complexes will be allowed only after payment of proportionate amount of outstanding dues like ground rent, misuse charges etc. in respect of the entire property as a whole plus the dues that are attributable to the particular flat / shop which is sought to be converted to freehold
In case the property is re-entered or in case its lease has been cancelled, such properties will not be eligible for the conversion unless the re-entry is withdrawn after payment of all dues such as misuse charges and damage charges for the unauthorized construction.
We handle the entire process of freehold conversion of DDA Flats and Group Housing Society Flats.
We will be providing the following services :-
1. Applying for Leasehold to Freehold Conversion
2. Drafting and preparation of all the required legal documents
3. Attestation of the Documents
4. Deposit of Freehold Conversion Fee with the DDA
5. Follow up and visiting DDA Office on your behalf
6. Paying/Depositing Stamp Duty for registration of Freehold Conveyance Deed
7. Getting the Conveyance Deed registered in the Sub Registrar Office
8. Providing you the delivery of Original Conveyance Deed after registration
9. You won't need to visit the DDA office again and again to pursue your conversion case, as that part would be taken care
of by us. You will have to visit the DDA office just once - at the time of Registration of Conveyance Deed.
To Get your Leasehold Property like DDA Flats or Group Housing Society Flats Converted to Freehold in Delhi
from DDA , you may Contact Us At 08800418408
Click Here to Read the Leasehold to Freehold Conversion Guidelines
Click Here to view the List of Documents Required for Freehold Conversion
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