Delhi government relaxes norm on purchase, sale of leasehold properties

NEW DELHI: In a major relief, the 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 and the decision came into effect from today.

Though, there were restrictions, transactions had been taking place through general power of attorney
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