Good Morning to all the Experts on the panel,
I am privileged to get expert comments in the past in the forum through several Experts in the field including Mr. Ajay Sethi.
I am a owner of a Flat in Co-operative Housing Society in Kannamwar Nagar, Vikhroli E, Mumbai .(Regn.1980). I have been staying in this CHS with my wife and 2 minor kids.
I wish to voluntarily transfer my flat to my WIFE though a GIFT DEED, without any monetary consideration.
As on date, i have paid for the maintainace bill six months in advance and there is no DUES of whatsoever nature payable to the society. I have asked for a NO DUES CERTIFICATE, AS ON DATE.
May i ask if as per law Maharashtra CHS Act/Property Act is it necessary to obtain a No Objection Certificate (NOC) from the Society for the transfer of Flat by way of Gift Deed for zero consideration from a legal owner of the flat to his WIFE.
If statutorily required, may i ask for the copy /Govt. GR No. of the relevant CHS / property act
replyfrom experts will be highly appreciated.
Regards.
Ashok Shetty, Vikhroli East, Mumbai, Maharashtra.
