Leasehold Property
December 16, 2021
An estate property is partly in hand by the client for a pre-decided fundamental time span. The client owns the property, principally a flat, however not the land on that it stands. The renter is entitled to pay a ground premium and annual lease rent. When the lese comes to a closure, the possession of the property transfers to the freehold owner. In India, estate amount usually goes up to 90-99 years.