Under Delhi Stamp (Prevention of Under Valuation of Instruments) Rules, 2007 it is necessary to take circle rates into consideration for properties within territorial jurisdiction of NCT of Delhi w.e.f 18/07/2007 Sale Deed is a document which is registered for sale of property in case of freehold properties. However, it may be registered in certain leasehold properties also where there is such provision. It grants clear title & complete ownership to the buyer/purchaser. It is compulsorily registered when transaction is for consideration between two persons.