[vc_row full_width=”stretch_row” css=”.vc_custom_1466891132953{background-image: url(https://www.edrafter.in/wp-content/uploads/2016/03/buildings.jpg?id=2068) !important;}”][vc_column width=”1/3″][vc_tta_tabs spacing=”3″ active_section=”1″][vc_tta_section title=”CGHS Flat” tab_id=”1457972469323-efd3a9fa-de99″][vc_toggle title=”In case of Allottee” open=”true” css_animation=”left-to-right” el_id=”1457972574103-03d78e64-99a2″]Documents required for DDA Freehold.

Request for DDA Freehold service.[/vc_toggle][vc_toggle title=”In case of GPA Holder/Agreement to Sell” open=”true” css_animation=”left-to-right” el_id=”1457972751168-b38215ac-a07c”]Documents required for DDA Freehold.

Request for DDA Freehold service.[/vc_toggle][vc_toggle title=”FAQ’s” open=”true” css_animation=”left-to-right” el_id=”1457972788281-26d29d25-d762″]Click Here.[/vc_toggle][/vc_tta_section][vc_tta_section title=”DDA Flat” tab_id=”1457972469567-f3fa1d60-30c3″][vc_toggle title=”In case of Allottee” open=”true” css_animation=”left-to-right” el_id=”1457972858755-a2c95410-42db”]Documents required for DDA Freehold.

Request for DDA Freehold Service.[/vc_toggle][vc_toggle title=”In case of GPA Holder/Agreement to Sell” open=”true” css_animation=”left-to-right” el_id=”1457972870875-27f3fbf0-d4eb”]Documents required for DDA Freehold.

Request for DDA Freehold service.[/vc_toggle][vc_toggle title=”FAQ’s” open=”true” css_animation=”left-to-right” el_id=”1457972879249-596b7268-9149″]Click Here.[/vc_toggle][/vc_tta_section][/vc_tta_tabs][/vc_column][vc_column width=”2/3″][vc_custom_heading text=”LEASEHOLD TO FREEHOLD CONVERSION” font_container=”tag:h2|font_size:30|text_align:center|color:%232889c1″ google_fonts=”font_family:Cabin%3Aregular%2Citalic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic|font_style:600%20bold%20regular%3A600%3Anormal”][vc_single_image image=”2069″ img_size=”large” alignment=”center” css_animation=”appear”][vc_custom_heading text=”Have any Doubt related to our DDA Freehold Services?” font_container=”tag:h2|font_size:25|text_align:center|color:%232d2d2b” google_fonts=”font_family:Cabin%3Aregular%2Citalic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic|font_style:400%20regular%3A400%3Anormal”][vc_empty_space height=”25px”][vc_btn title=”Request For Call Back” style=”3d” color=”mulled-wine” size=”lg” align=”center” i_icon_fontawesome=”fa fa-phone” add_icon=”true” link=”url:http%3A%2F%2Fwww.edrafter.in%2Frequest-call-back%2F||”][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_custom_heading text=”BENEFITS OF FREEHOLD OVER LEASEHOLD” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Cabin%3Aregular%2Citalic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic|font_style:600%20bold%20regular%3A600%3Anormal”][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][vc_single_image image=”181″ img_size=”200×200″ alignment=”center” css_animation=”appear”][vc_column_text css_animation=”bottom-to-top”]

Sole Owner

Owner of the Property is no longer confined. He can enjoy free ownership.

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Easy Transfer

Owner of the Freehold Property can transfer the property without any restrictions. You are free from the state of restricted.

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Higher Value

After getting converted the Property into Freehold, the Property will posses an higher value of about 15-20% as compare to the Leasehold Property.

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Free from Paying Ground Rent

Freehold Property Owner is free from loosing his pocket in order to pay for Ground Rent.

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Easy Availability of Loan

No Leasehold property can get Property Loan. So, conversion into freehold is an added advantage in order to get a Property Loan.

[/vc_column_text][/vc_column][vc_column width=”1/3″][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_cta h2=” WHO CAN APPLY FOR FREEHOLD CONVERSION?” css_animation=”appear”]Any person who is the Original Allottee of DDA Property or the person who purchased the Property from Allottee as the GPA Holder/Agreement to sell can apply for Freehold Conversion.[/vc_cta][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text css_animation=”appear”]

WE PROVIDE SERVICES FOR LEASEHOLD TO FREEHOLD CONVERSION, OUR SERVICE INCLUDE:

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_cta h2=”Our Service Includes:” style=”3d” color=”grey” el_width=”md” add_button=”bottom” btn_title=”Request For Freehold Service” btn_color=”danger” btn_align=”center” btn_css_animation=”bottom-to-top” css_animation=”appear” btn_button_block=”true” btn_link=”url:http%3A%2F%2Fwww.edrafter.in%2Ffull-service-dda-property-freehold%2F||” btn_add_icon=”true”]

• Fixing an Appointment to check your Documents and gathering your Details required for drafting Conversion File.

• Drafting your Conversion File and Completing other Formalities in Order to Complete your File.

• Depositing your Case in DDA Office with Conversion Charges on your behalf.

• Collecting Conveyance Deed from your Place and payment of Stamp Duty for stamping of Conveyance Deed.

• Purchasing Stamp Paper from Bank for Stamping of Conveyance Deed.

• Getting the Conveyance Deed registered in Sub-Registrar Office at the time of Execution.

• Delivery of Original Conveyance Deed at your Place.

 “We will work for your entire conversion case; there is no need for you to visit DDA Office again and again. You have to come only at the time of Execution and Registration of Conveyance Deed”

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We provide services in Residential Plot also. To know more, Please Contact Us.

[/vc_message][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space][vc_text_separator title=”FREQUENTLY ASKED QUESTIONS” i_icon_fontawesome=”fa fa-commenting” i_color=”chino” color=”pink” border_width=”3″ add_icon=”true”][vc_empty_space height=”12px”][/vc_column][/vc_row][vc_row][vc_column][vc_toggle title=”What is meant by Leasehold and Freehold? How both the terms differentiate?” style=”square” color=”pink” open=”true” el_id=”1523204441884-ff1be502-6a4e”]As the term says Leasehold property means buyer has purchased a property on a lease from Delhi Development authority and paying Ground Rent yearly for the same, whereas Freehold property means that the buyer is a sole owner of property and conquer full rights to sale/rent out the property.

Difference between Leasehold and Freehold –

• Once the buyer gets there property converted from Leasehold to Freehold, then he/she will be the absolute owner of the property forever whereas DDA grant the lease to buyer for a specific period of time as mentioned in Documents (usually for 99 years).
• The owner of the Freehold property conquer full rights to transfer or sale the property without any restrictions whereas the buyer of leasehold property is restricted to perform such actions.
• After getting converted the Property into Freehold, the Property posses an higher sale value of about 15-20% as compare to the Leasehold Property.
• The buyer of Leasehold property has to pay Ground rent (as per cost of flat) to the Delhi Development Authority apart from other property expenses whereas Freehold Property owner is free from such expenses and has to pay only the Property Tax to Municipal Corporation Department.
• Property Loans are easily granted by authorities on Freehold Properties as compare to Leasehold properties.

[/vc_toggle][/vc_column][/vc_row][vc_row][vc_column][vc_toggle title=”What is the DDA Freehold scheme of Conversion from Leasehold to FreeHold?” style=”square” color=”pink” open=”true” el_id=”1523208836643-5281d8dc-3d7d”]As per DDA Freehold Scheme and Sources – 

As per the order issued by the Govt. of India, Delhi Development Authority (DDA) has decided to convert the residential flats by executing the Conveyance Deed in the name of Allottee/Purchaser/GPA holder in respect of flats allotted by DDA on freehold basis constructed prior to the year 1992.

What is Conveyance Deed?

Conveyance Deed is a Legal Document which serves a proof of transference of Ownership from one owner (DDA) to another OR we can say it act as a Evidence that one party has legally signed and has transferred the ownership to other party. Conveyance Deed plays a vital role in respect of sale/purchase of property and to claim the Ownership.

After completing the process of Leasehold to Freehold conversion, DDA issue Conveyance Deed to the buyer/owner of property.

Sample of DDA Conveyance Deed (Click on Image for Zoom view)

 

SALIENT FEAUTERS OF THE SCHEME

1. The scheme covers the following flats:-

Janta, EHS, LIG, MIG, HIG, SFS flat allotted by DDA including the flats in Asian Games Village Complex constructed prior to 1992 on leasehold  basis.

2. Original sub-lessees/allottees would be entitled to remissions in the conversion charges as specified in Annexure-“A” of DDA Conversion Brochure.
3. The onetime charges payable for conversion from leasehold to freehold are set out in Annexure-“B” of DDA Conversion Brochure.
4. The application for conversion into freehold basis shall be submitted alongwith the prescribed documents.
5. In case the flat is mortgaged, execution of conveyance deed would be allowed on submission of no objection certificate(s) from the           mortgagee/financial
6. In case of any legal dispute relating to title of the flat, conversion shall not be allowed until the legal dispute is settled.
7. In case where application for mutation or submission are pending with the lessor/DDA, execution of conveyance deed would be allowed only after the necessary mutation/ substitution has been carried out
8. The execution of conveyance deed on free hold basis shall be allowed in the cases where allottee has parted with possession of the flat, provided that:

• Application for execution of conveyance deed into freehold shall be made by the person holding power of attorney/agreement to sell from the allottee to allenate (sale/transfer) the flat.
• Proof of physical possession of the flat in favour of the person in whose name execution of conveyance deed is being sought on freehold basis shall be submitted.
• Where there are successive power of attorneys, execution of conveyance deed will be allowed after verifying the factum of possession provided that the linkage of original allottee of the flat with the last power of attorney/purchaser is established and attested copied of relevant documents are submitted.
• The General Power of Attorney/Agreement to Sell executed from 24.9.2001 onwards, must be registered with the Sub-Registrar.

9. On receipt of the application in the concerned branch of Housing Wing, the matter is examined and sent to Housing Accounts Section to ascertain the dues position. After obtaining clearance that no dues are pending or dues upto Rs.5,000/- are pending, the matter is decided to issue the Conveyance Deed papers.
10. If the application is in order, the Conversion application is decided within 45 days

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• Any person who is the Original Allottee of DDA Property as per the records of DDA can apply for DDA Freehold service.
• Any Purchaser/GPA holder as per the records of DDA can apply for the Conversion process on a payment of a surcharge @ 33.1/3 on the conversion charges over and above the normal conversion charges applicable for original allottee can apply for DDA Freehold service.

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ALLOTEE CASES (CGHS)	North/ West/ Rohini Zone	South/ Dwarka Zone	Central Zone	East Zone
P.A 30-50 sq mtr.	Rs. 28,280	Rs. 37,730	Rs. 47,045	Rs. 9,650
P.A 50-75 sq mtr.	Rs. 40,025	Rs. 53,255	Rs. 66,485	Rs. 13,565
P.A 75-100 sq mtr.	Rs. 58,790	Rs. 78,230	Rs. 97,670	Rs. 19,775
P.A 100-125 sq mtr.	Rs. 70,400	Rs. 93,755	Rs. 1,17,245	Rs. 23,690

 

ATTORNEY CASES (CGHS)	North/ West/ Rohini Zone	South/ Dwarka Zone	Central Zone	East Zone
P.A 30-50 sq mtr.	Rs. 62,600	Rs. 83,600	Rs.1,04,300	Rs. 21,200
P.A 50-75 sq mtr.	Rs. 88,700	Rs. 1,18,100	Rs. 1,47,500	Rs. 29,900
P.A 75-100 sq mtr.	Rs. 1,30,400	Rs. 1,73,600	Rs. 2,16,800	Rs. 43,700
P.A 100-125 sq mtr.	Rs. 1,56,200	Rs. 2,08,100	Rs. 2,60,300	Rs. 52,400

 

ALLOTEE CASES (Flat)	North/ West/ Rohini Zone	South/ Dwarka Zone	Central Zone	East Zone
LIG	Rs. 28,280	Rs. 37,730	Rs. 47,045	Rs. 9,650
MIG/SFS-I	Rs. 40,025	Rs. 53,255	Rs. 66,485	Rs. 13,565
SFS-II/HIG	Rs. 58,790	Rs. 78,230	Rs. 97,670	Rs. 19,775
SFS-III	Rs. 70,400	Rs. 93,755	Rs. 1,17,245	Rs. 23,690

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• By Online Payment – After computing the conversion charges as per above the Applicant should generate the conversion charges challan from DDA website – http://dda.org.in/to get user ID and Password and after that can make an Online Payment using Debit card/ Credit card/ Net banking.

 

• By Pay Order/Demand Draft – After computing the conversion charges as per above the Applicant need to prepare a Pay Order/Demand Draft of due value from his/her respective Bank Account and in favor of “Delhi Development Authority”. If payment is to be made manually then he/she should print the challan as well and have to submit it along with Pay Order.

 

• By RTGS/NEFT – An Applicant can make his/her Payment in the DDA’s following Account No through RTGS/NEFT from anywhere in the world.
  1. For DDA’s Flats – Account No 1014012276 of Central Bank of

            India, VikasSadan, NewDelhi (IFS Code: CBIN0282695)

  1. For Group Housing Society Flats –  Account No 1014042438 of

             Central  Bank  of  India,Vikas  Sadan,New  Delhi

  (IFS Code: CBIN0282695)  and  A/C  No 10938401174 of

               State Bank of India, Vikas Sadan,New Delhi

                (IFS Code: SBIN0008005).

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