This focused guide draws together the points that buyers and sellers most often need to check. The broader guide, including construction types and due diligence, is on Builder Floors in South Delhi.
Land share: the percentage in the deed
Land share is the undivided percentage of the plot that travels with a floor. It is a defined right in the deed, not a general promise about common areas. A common pattern is 22.5% for each floor, 10% for the basement, 32.5% for basement plus ground and 45% for a duplex. The documents for the building decide the actual split.
It matters when the property is resold and if the building is redeveloped later. A future buyer should be able to see the percentage, the rights in common areas and the basis on which a future allocation would be discussed.
Parking and the stilt level
Parking is not something to infer from a drawing or a verbal promise. The deed and building documents should identify the relevant bay and whether the right is allotted, exclusive or common. It should be clear enough that a later buyer can understand exactly what is being transferred.
A stilt is usually a parking level, not a residential floor. Its use, access and any particular bay need to be documented. If the deed is silent on parking, ask for the position to be clarified before purchase.
Terrace rights
A terrace right must be stated in the sale deed. It may be exclusive or common and may or may not include any construction right. A terrace shown at a site visit does not necessarily transfer with the floor. The point is to read the words in the deed, then check that the plan, access and actual use do not contradict them.
Where a top floor has clear terrace rights, it can be a distinct product from an otherwise comparable floor. The Floor Premium Index explains the market context for those relative differences.
Basement rights
Confirm the basement’s lawful use, access and share. It may be a separate unit or form part of a duplex. The deed should say what is conveyed and the building documents should support that description. Basement-and-ground combinations need particular care because the right may combine space, access, parking and a share in the plot.
The checks before you sign
Read the deed for the percentage land share, parking allocation, staircase and other common areas. Compare it with the sanctioned plan, title chain and the property as shown. A vague or absent description can create disputes over maintenance, parking, structural repair and future redevelopment.
If the documents are unclear, pause before token money or registration and obtain independent legal advice. Grey Beard can help identify the commercial questions; the legal effect of a particular document belongs with your lawyer.
Take independent legal advice before buying, selling or relying on any land-share, parking, terrace or basement right.