Mhada property resale
Ronny
(Querist) 07 January 2013
This query is : Resolved
I am intending to purchase a MHADA property wherein the lockin period has expired, The seller wants the following documents from me inorder to obtain an NOC from Mhada
Bank preapproval letter
Banks payment schedule
Residence proof of the buyers
If co-buyer , marraige certificate
I'd proof of the buyers,
Employment proof
Undertaking that the flat is being purchased for self residential use.
I would highly appreciate the guidance from the forum members, if the above asked document are usually asked and also if besides the NOC from MHADA , is there any other documents I need to obtain from Mhada
Regards
Ronny
Raj Kumar Makkad
(Expert) 07 January 2013
Yes. You shall have to provide these documents as these are necessary seeking desired NOC.
ajay sethi
(Expert) 07 January 2013
ask the seller to produce original documents . verify from society records that property is not undr any mortgage . go and meet the secretary of society
V R SHROFF
(Expert) 07 January 2013
Inspect all Original Documents, get xerox, get it checked thru local Advocate who will draft Agreement & Regn it
Raj Kumar Makkad
(Expert) 07 January 2013
Your query relates only with the documents to be provided to the seller for seeking NOC from the society so provide those as soon as possible.
Ronny
(Querist) 09 January 2013
Appreciate the prompt response given by respected forum members, would be glad to know if there is any form of charges levied by MHADA for the transfer and issues of NOC, if yes, any inclination as to how much it is
Regards
Ronny
ajay sethi
(Expert) 09 January 2013
for transfer of flats transfer charges are Rs 25,000 .
Ronny
(Querist) 09 January 2013
Thank you Mr.Ajay for the prompt response, Was getting a mixed feedback that the transfer and NOC charges were linked to the sale value.
Thanks once again
Regards
Ronny
Raj Kumar Makkad
(Expert) 09 January 2013
Ronny! This forum is open for all and we all jointly try to provide best advice available with us.
Ronny
(Querist) 11 January 2013
Dear Mr. Raj,
would like to take the opportunity to mention that this forum is indeed beneficial for people like us.
however, have some additional queries wherein the seller mentions that I would not be able to purchase a MHADA apartment if there is a property in the name of my wife, which is the case
And also that the cost for transfer and NOC issues is around 2 percent of the sale value
Request clarifications
Regards
Ronny
Raj Kumar Makkad
(Expert) 11 January 2013
It shall be better to open the official site of MHADA and go through each and every relevant information thereto.
ajay sethi
(Expert) 11 January 2013
no . NOc doesnt cost 2%. cost of transfer would be stamp duty and registration charges .
