Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Differnce between Power of Attorney & Freehold

prabhashk · 26-12-09

Hi,

I am planning to buy a property in Chanda Nagar, Hyderabad. I saw in the builder ads that almost all property in this area is under "Ownership: Power of Attorney." How does this affect my legal rights as a buyer and owner of a flat in such a property. Are there any risks involved? I also saw some ads in the same area with "Owneship: Freehold." Someone please shed some light on this..

Thanks in advance,
Prabhash Singh

26-12-09	#1
prabhashk New Member Join Date: Dec 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Differnce between Power of Attorney & Freehold Hi, I am planning to buy a property in Chanda Nagar, Hyderabad. I saw in the builder ads that almost all property in this area is under "Ownership: Power of Attorney." How does this affect my legal rights as a buyer and owner of a flat in such a property. Are there any risks involved? I also saw some ads in the same area with "Owneship: Freehold." Someone please shed some light on this.. Thanks in advance, Prabhash Singh