Tag: Power of Attorney

Power Of Attorney for all Property Deals Banned

In an order that puts thousands of property transactions in Delhi under a cloud, the revenue department has made all realty sales through transfer of general power of attorney null and void with retrospective effect from October last year. The order, dated April 27, directs all 13 sub-registrar offices, DDA and NDMC to follow the […]

Increase in Registration fee of Property

After a long gap of 45 years, finally this Monday, Delhi cabinet approved the proposal of increasing the registration fee of property in the city. It is expected that through this revision, the revenue collection will be increased from Rs 1.5 cr. per year to Rs 100 cr. This revised fee is as follows- 1% […]