Freehold Property
Property where buyer gets absolute permanent ownership of both land and building with full rights.
Freehold means complete ownership without time restrictions. You own the land perpetually and can sell, gift, or bequeath freely.
Key Features
- No ground rent or lease payments
- Full renovation/modification rights
- Easier bank loans and resale
- Higher market value appreciation
Documents proving freehold
- Clear title deed in owner's name
- Mutation entries updated
- Encumbrance certificate (EC) clean
Vs Leasehold
| Aspect | Freehold | Leasehold |
|---|---|---|
| Ownership | Permanent | Fixed term (30-99 years) |
| Cost | Higher upfront | Lower but recurring rent |
| Resale | Easy | Difficult near expiry |
| Loans | Favorable | Restricted |
UP Context: Most plotted developments in Greater Noida, Yamuna Expressway are freehold. Verify via UP Bhulekh portal.
Examples
Freehold plots in Noida Extension appreciate faster than leasehold DDA flats
No annual ground rent unlike 90-year leasehold properties in Delhi