Sorry, you cannot vote on the same answer more than once.
We got your reaction
Hey Pal,
Developers are given land development rights by the local development authority, which also sells properties for 99-year leases. This means that anyone who buys a residential or commercial property will only have possession of it for 99 years, after which time the landowner regains it.
Also, if you want to know what happens if the lease gets expired, then I would like to suggest that you go through the below-mentioned response;
What Happens When 99-Year Lease Expires in India?I hope this helps:)
For more legal queries regarding property buy and sell, check out NoBroker Legal Assistance Service.Most Viewed Questions
Want to Rent My Property to Amazon or Flipkart or MyntraHow to Approach Banks to Provide Space for Bank Branch?What Happens When 99 Year Lease Expires in India?How to Rent a Suitable Commercial Space for Bank and ATM Installation?I Want to Install BSNL Tower On My Land. How to Get it Done?How to rent property for telecommunication tower?I want to get ATM machine installation on my property and give it for rent.How to Install Tower on my Land?I want to rent out a warehouse space around 2000 sq ft to 3000 sq ft at Alwar, rajasthanIf I give my land for the airtel tower installation, how much rent I will get from the company?See All
What are the Tenant Rights After 10 Years India?What are the rights of a tenant?How do I get free contacts on Nobroker?What is the going broker fees? Is it one month?What are the maintenance charges in Prestige Lakeside Habitat ApartmentsNeed Society Flat on Rent in Dwarka. Preferably 3 BHK within a monthly rental between 20000-25000 with lift, power backup. Hiring will be in 1st week of September 2021How to take land on lease from government?What can a Landlord Deduct from Your Deposit?Need 2 bhk individual rented house in Coimbatore within a budget 6000.What do you mean by PG?See All
What will be the expected rental income for 2 BHK in Kesar Exotica, Kharghar?I need to give my pent house on rent at Nerul Navi MumbaiHow Much You Can Increase the Rent?How to Evict a Tenant Without Rental Agreement in India?I want to give flat on rent, where can I post my flat for tenantsWhat is unrealised rent?What is Let Out Property?Best Rental Websites in India?How to Calculate Rental Yield?I have 5 acre agricultural land, I want to rent it.See All
Recently Published Questions
I Want to Rent Out My Land for Tower. How to Do It?I Want to lease my Land to eCommerce Giants like Amazon, Flipkart. How to Do it?How to Attract Tenants for Commercial Property?How Do Commercial Property Leases Work?What Questions to Ask When Leasing a Commercial Space?What are the Legal Requirements for Commercial Landlords?Can I Terminate a Commercial Lease Early?What Happens If You Break a Commercial Lease?What does a NNN Lease Include?How to Negotiate a Commercial Lease for Retail Space?See All
what are roles and responsibilities of tenants and landlords once tenant move into rental property?What are the maintenance charges in Prestige Lakeside Habitat ApartmentsNeed a flatmate for a flat in posh society Suraram. How to get leads?The owner is not giving back deposit , I didnt sign the agreement and want to move out after 2 days. How to deal with this situation?How to give a land on lease on the highway?I Want to Give My Property on Rent. How Can I Do it Online?How to Find Owner of a Flat in Delhi?What are the rights of a tenant?What is a Tenant at Sufferance?Can housing society refuse bachelors?See All
How to join the NoBroker ambassador?How to calculate rental value?How to Invest in Rental Property with No Money?How to Find TenantsFor My Property?How to find new tenants ?How to give advertisement for house rent ?Post applying for tenant registration online in Ahmedabad, how do we get the approved certificate?How to Give my 15300 sq. ft. Land on Lease?Can you depreciate rental property?How Can I Give My Property Through the Online Mode?See All
Authors Of The Question
Animesh Srivastava
0 Total Answers
Recently Answered Questions
How many units of electricity are consumed per hour on running 120 kw electric motors?
What is EAW in Bank Statement?
How to File an Injunction to Stop Construction?
What is a Special Assessment?
How to get gas connection bill latest 3 month
How to add mobile number?
I want to sell my land in KSYA?
How to change mobile number?
What Is Mid Century Furniture?
What Are Corporate Fixed Deposits?
What is the lease period of land alloted for aided school by DDA in Delhi ?
SURESH KUMAR TANEJA
70Views
2 Year
2022-09-16T13:14:29+00:00 2022-09-21T18:01:06+00:00Comment
1 Answers
Share