What is Leasehold Property?
A Simple Guide by Santushti Realtors & Developers
If you’ve been exploring properties in Noida or Greater Noida, you’ve probably come across the term “leasehold property.”
It’s common in this region — but not everyone knows exactly what it means. At Santushti Realtors & Developers, we believe in making real estate simple, transparent, and stress-free for every buyer. Let’s break it down in easy terms.
What Does Leasehold Mean?
When you buy a leasehold property, you get the right to live in and use the property for a set period — usually 90 to 99 years.
However, the land itself remains owned by the government authority (like Noida Authority or Greater Noida Authority).
In short, you own the home, not the land. Once the lease period ends, it can be renewed for continued ownership.
Leasehold vs Freehold: The Difference
| Feature | Leasehold Property | Freehold Property |
|---|---|---|
| Ownership | You own the home, not the land | You own both home and land |
| Duration | Fixed term (typically 99 years) | Permanent ownership |
| Renewal | Required after lease ends | Not needed |
| Restrictions | Governed by land authority | Full owner control |
| Common In | Noida, Greater Noida | Independent plots, private land |
In places like Noida and Greater Noida, most government-allotted land projects are leasehold, whereas freehold properties are generally private townships or plots.
Should You Buy a Leasehold Property?
Yes — and here’s why it’s a smart choice for homebuyers and investors alike:
More affordable than freehold properties in similar prime locations.
Located in well-planned, connected neighborhoods.
Long lease periods (up to 99 years) — nearly lifetime ownership.
RERA-approved projects ensure legality and transparency.
For most families, leasehold ownership offers comfort, stability, and great value for money — especially with professional guidance.
How Santushti Realtors & Developers Helps You
At Santushti Realtors, we go beyond property listings — we guide you through every step of the buying process.
Our experts help with:
Understanding lease terms and project documents
Selecting the best RERA-approved developments
Assistance with home loans and legal checks
Support in renewal and resale processes
We ensure your investment is safe, clear, and profitable — built on trust and long-term value.
Final Thoughts
Leasehold properties in areas like Noida, Greater Noida, and Yamuna Expressway offer an excellent mix of affordability, connectivity, and modern living. With the right partner, they can be just as secure and rewarding as freehold homes.
At Santushti Realtors & Developers, we’re proud to be RERA-approved, committed to helping you turn your dream home into a reality — with honesty, expertise, and dedication.
Santushti Realtors & Developers
C261, Block C, Swarn Nagari, Sector 31, Greater Noida, Uttar Pradesh – 201315
Phone: 099997 71418
RERA Approved | Residential • Commercial • Industrial Real Estate Experts