Difference Between Registry, GPA, and Sale Agreement in Delhi
Why Registry, GPA, and Sale Agreement Create Confusion in Delhi Property Transactions? Understanding the legal difference between these commonly used terms is essential because many buyers mistake paperwork for actual ownership. NEW DELHI: If you have ever looked at buying property in Delhi, you have probably heard people casually use terms like Registry , GPA , and Sale Agreement as if they all mean the same thing. A broker may say, “Registry available hai.” A seller may say, “GPA papers complete hain.” Another person may assure you, “Agreement ho jayega, tension mat lo.” For many buyers, especially first-time purchasers, it all sounds like ownership. That is where the real problem begins. In Delhi, many people invest their life savings into a flat, builder floor, shop, or plot believing they have purchased a secure property . Later, they discover that the title was ne...