I recently researched whether DDA flats are freehold or leasehold? I found DDA apartments may be freehold or leasehold. However, it is based upon the allottee's application for a conversion. DDA initially grants most apartments on a leasehold basis. But there is a plan in place that makes it possible to turn these leasehold properties into freehold ones.
DDA Leasehold vs Freehold Property
Here is the difference between a leasehold property and a freehold property I came across.
| DDA Leasehold Property | DDA Freehold Property |
|---|---|
Under DDA, leasehold properties have a fixed lease term, usually 99 years, after which, if the lease is not renewed, ownership returns to the authority. |
Freehold assets, which enable the owner to keep the asset until it is willingly transferred, provide indefinite ownership.. |
Give the building ownership, but not the land. |
Grant total ownership of buildings and land. |
Need the DDA's approval before making any major changes. |
Allow the owner to make changes without requesting permission. |
Because of the restricted ownership, it may be more difficult to get a loan under the DDA against a leasehold property. |
Because of the complete ownership of both land and property, freehold properties have easy access to loans or mortgages. |
If you have a particular DDA apartment in mind, you must find out if it is still leasehold or if it has already been converted to freehold. You can check this from the
official website of DDA
.
Get Lease Agreement for DDA Flats Drafted by Senior Advocates at NoBroker.Read more
How to check ownership of DDA flats in Delhi and sales agreement?
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DDA Flats are Freehold or Leasehold?
Aafan8
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8 months
2025-03-11T14:12:15+00:00 2025-03-12T08:14:26+00:00Comment
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