# Freehold Property vs Leasehold

> A freehold property gives absolute ownership of the building and the land. See how it differs from leasehold in India, with a Delhi villa example.

Canonical: https://superwise.site/glossary/freehold-property/
Last updated: 2026-11-01

Property in which the owner holds the building and the land beneath it outright, with no lease grantor involved.

## What is Freehold Property?

A freehold property gives the owner absolute ownership of both the building and the land beneath it, in perpetuity. In Indian real estate, the owner can sell, lease or renovate a freehold property, subject to local zoning, without consent from any state authority, unlike a [leasehold property](https://superwise.site/glossary/leasehold-property/).

## Practical example

A buyer purchases an independent villa on a freehold plot in Delhi. Fifty years later, the buyer's children decide to demolish the ageing villa and build a four-storey apartment block. Because the land is freehold, they need only municipal building plan approval, not land-use permission from a lease grantor.

## In SuperWise

In SuperWise a title deed or sale deed is stored as a project document with a number, a date and a folder. Tags make the document searchable, so a team can tag a deed as freehold or leasehold. Folder access is set per role for viewing, uploading and deleting.

[Document management system](https://superwise.site/features/document-management-system/)

## Related terms

- [Leasehold Property](https://superwise.site/glossary/leasehold-property/)
- [Khata / Khatauni (Land Record)](https://superwise.site/glossary/khata-land-record/)

## Related
- [Leasehold Property](https://superwise.site/glossary/leasehold-property/)
- [Khata / Khatauni (Land Record)](https://superwise.site/glossary/khata-land-record/)
- [Document management system](https://superwise.site/features/document-management-system/)