Freehold vs Leasehold Property: What Every Buyer Should Know
For decades, buying property in India was considered a high-risk venture, especially for first-time homebuyers. Stories of delayed possession, incomplete projects, misleading advertisements, and fly-by-night developers were all too common. There was a glaring need for a structured framework that would instill accountability, promote transparency, and restore buyer confidence. That’s exactly what the Real Estate (Regulation and Development) Act, 2016, or RERA, set out to achieve.
