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Bank auction property

(Querist) 16 May 2013 This query is : Resolved 

Hello,
Have a further query,for a bank auction property can the builder refuse to give NOC to purchaser of Bank auction property asking first transfer fees to be paid.(If society not yet formed)


Thank You
Tahir k
V R SHROFF (Expert) 16 May 2013
Bank have special rights to recover their dues.
tahir (Querist) 16 May 2013

Hello,
i didnt put my query properly, actually what i am asking is after buying the auction property from the bank ,can the builder refuse to give NOC to buyer of auction property (wher society is not formed) because without NOC from Builder the buye rof auction propeerty will not be able to stay in flat
R.K Nanda (Expert) 16 May 2013
builder cannot refuse NOC.
ajay sethi (Expert) 16 May 2013
builder will collect his pound of flesh before transferring the flat . builder will charge trnasfer charges
Raj Kumar Makkad (Expert) 16 May 2013
Builder has every right to recover transfer fee but he cannot refuse to provide NOC.
tahir (Querist) 17 May 2013

Thank you for the reply.
ajay sethi (Expert) 17 May 2013
thanks for your appreciation
Advocate Ravinder (Expert) 19 May 2013
I agree with ajay sethi and makkad sir.


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