Residential Properties New Delhi

Freehold means you own the land outright with no lease authority involved. Leasehold means the land is held on lease from a government agency, and every sale needs their permission. This is the first thing to check on any Delhi purchase.

Freehold. No time limit, no lease authority, no ground rent. Transfer is straightforward, banks fund it without extra conditions, and resale is easier. Most Delhi colonies converted to freehold decades ago.

Leasehold. Every sale and transfer needs written permission from the lease authority, which adds time to the transaction. Some buyers avoid leasehold entirely, and some lenders apply tighter conditions.

Conversion from leasehold to freehold is possible through the concerned land owning agency on payment of conversion charges, subject to documentation and dues clearance. If a property is still leasehold, confirm who bears the conversion cost and how long the process will take before you sign anything.

Documents Required to Buy Property in Delhi

The core set is the title chain, the sale deed, the freehold or conversion deed, the sanctioned building plan, the completion and occupancy certificate, the mutation record and cleared property tax. Builder floors need two more: the collaboration agreement and proof of undivided land share. Full checklist below.

• RERA registration number for any under construction housing project in Delhi, verified on the Delhi RERA portal before payment
• Title chain going back at least 30 years, with a lawyer's search report, particularly on builder floors
• Freehold or leasehold status, and conversion deed if the property was converted
• Sanctioned building plan from the local municipal body, matched against what is actually constructed
• Completion certificate and occupancy certificate for finished buildings
• Current permissible floor count and basement use under the applicable building bye laws, since this changes and directly affects what you can legally register
• Mutation records in the seller's name and property tax dues cleared to date
• Encumbrance check and no dues certificate from any lender holding the property
• Registered collaboration agreement between landowner and builder on builder floor purchases, showing which floors belong to whom
• Structural condition and remaining life on older buildings, including seismic compliance, since Delhi is in Seismic Zone IV
• Sanctioned electricity load, water connection and sewer connection in the seller's name
• Parking allotment recorded in writing, not verbally promised

Stamp duty in Delhi is 6 percent for a male buyer, 4 percent for a female buyer and 5 percent for joint male and female ownership, plus a 1 percent registration fee in every case.

Duty is calculated on the higher of the actual sale price or the applicable circle rate, so check the colony's circle rate category before you budget.

Buyers of property valued above 50 lakh must deduct 1 percent TDS under section 194-IA and deposit it against the seller's PAN. A different and higher TDS rate applies when the seller is an NRI, so check this before releasing payment.

Under construction property attracts GST. Ready property with a completion certificate does not. Registering in a woman's name or in joint names remains the simplest legal way to cut stamp duty outgo when buying property in Delhi.

Banks fund Delhi property, but freehold apartments in RERA registered projects clear far faster than builder floors or older construction. Lenders fund up to 80 to 90 percent of property value depending on ticket size, with the lower band applying to high value purchases. Registration and stamp duty are paid by the buyer and are not part of the sanctioned amount.

Freehold apartments in RERA registered projects are the easiest category to fund. Builder floors take more scrutiny, because banks want a clean title chain, an approved plan, and clarity on undivided land share. Some lenders decline old construction outright, or fund it on a shorter tenure. Plots are funded under a separate plot loan product, usually at lower LTV and shorter tenure than a home loan.

Get a pre approved sanction before you commit to a builder floor. It saves a lot of wasted negotiation.

NRIs and OCI cardholders can buy residential property in Delhi without RBI approval, paying through NRE, NRO or FCNR accounts. Agricultural land, plantation property and farmhouses are outside this permission.

Payments must move through those accounts or through normal banking channels. Cash purchase is not permitted. Indian home loans are available to NRIs, repaid through NRE or NRO accounts.

For registration in person, keep in mind that a Power of Attorney executed abroad must be signed before the Indian Embassy or Consulate, or notarised and apostilled, and then stamped in India within the prescribed period.

On resale, sale proceeds of up to two residential properties can be repatriated, subject to the original purchase having been funded through foreign exchange or NRE funds. TDS on an NRI seller is deducted at a higher rate, which is recoverable through a lower deduction certificate or a return filing.

Delhi residential property is a common NRI choice because of freehold title, established rental demand and family ties to the city. We handle video walkthroughs, document verification, PoA coordination and registry support for buyers based outside India.

Delhi gives freehold title and land backed appreciation on limited supply. Gurgaon gives scale, new construction and corridor driven upside. Noida gives the lowest entry price but mostly leasehold land.

Buyers who want scale, amenities and new construction usually go to Gurgaon. Buyers who want land value, freehold title and a central address stay in Delhi.

• Freehold title across most Delhi colonies
• No fresh land supply, which protects long term value
• Circle rate categories A to H set colony by colony
• Stamp duty 4 percent for women buyers, 6 percent for men
• Metro coverage across all four zones, Phase 4 under construction
• Rental demand spread across government, corporate, medical and education
• Builder floors, apartments, plots, villas and society flats in one market
• Redevelopment reshaping Central and West Delhi luxury supply