What is lease deed from DDA?
Understanding Leasehold Property and the Process of Obtaining Lease Deed from DDA
Leasehold property refers to a specific tenure where one party purchases the right to occupy a property for a defined period, typically ranging from 30 to 99 years. In this arrangement, the land remains owned by the authority, usually a government agency, while builders develop apartment projects on a leasehold basis. Ownership of the property, such as a residential flat, is held only for the duration of the leasehold period.
Difference between Leasehold and Freehold Property: In a leasehold property, the land is leased to the buyer for a set period, with ownership retained by the original owner, often the government. Conversely, freehold property refers to land that is owned outright by the purchaser, without any encumbrances from other parties.
Process of Obtaining Lease Deed from DDA: Obtaining a lease deed for your property from DDA can be a complex and time-consuming process, often taking years to complete due to various document formalities. However, with professional assistance, you can expedite this process and obtain your lease deed within 7 days.
Professional Documentation Services: We offer quick and easy documentation services tailored to your needs, ensuring that all necessary paperwork is prepared accurately and efficiently. Our team of experts will guide you through the process, saving you valuable time and effort.
Required Documents for Obtaining Lease Deed: When seeking assistance for obtaining a lease deed from DDA, please ensure you bring the following documents:
- 8 photographs of Allottee & Co-allottee
- Possession letter
- Site Possession letter
- Bank statement (showing DDA Demand letter transaction)
- Aadhar Card of Allottee & Co-allottee
- Pan card of Allottee & Co-allottee
- Electricity bill of your current residence
- Previous DDA Correspondence
- Demand letter
- Fixed Deposit Receipt (FDR) if any
- Mutation Letter if any
Contact Us for Expedited Assistance: Don’t let the complexities of obtaining a lease deed from DDA delay your property ownership. Contact us today for quick and efficient assistance, and let us help you obtain your lease deed within 7 days.