1 Answer

askguru expert
Hi Sir/Madam,

Yes, you can submit to the relevant authorities for your leasehold property to be renewed or to be extended. However, the renewal of leasehold property is not guaranteed. It depends entirely on the state government and the relevant authorities as to whether to renew your leasehold property or not.

If the state government allows or approve the extension or renewal of your leasehold, you are required to pay a certain amount of premium.

Read the article below for a better understanding of leasehold renewal:-

Best Regards,
Team PropertyGuru. Read More