Noida Property: Can Authority Hike Lease Payments Post-Allotment? Know Your Rights!

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Moneycontrol•20-12-2025, 13:22
Noida Property: Can Authority Hike Lease Payments Post-Allotment? Know Your Rights!
- •Most Noida and Greater Noida properties are leasehold, typically granted for 90 or 99 years.
- •If a One-Time Lease Rent (OTLR) was paid and the lease deed doesn't mention future increases, authorities cannot unilaterally impose new charges.
- •Courts and the Transfer of Property Act support buyers, stating new financial terms cannot be added without a provision in the lease deed.
- •Buyers must carefully read allotment letters and lease deeds for clauses on lease rent increases or new charges.
- •Consumers have the right to approach court if authorities demand money without a legal basis.
Why It Matters: Buyers have rights against arbitrary lease payment hikes if not specified in the original deed.
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