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Nimish Somaiya   17 May 2019

sale of parking garage to outsider

can a parking garage be sold to an outsider?
I have separate agreement for garage and wish to sell to an outsider.
Do society member have right of 1st purchase ?
When I put up the notice more than a year ago No society member matched my price .
Now after I finalised my deal with an outsider and I approached the society for NOC society is asking me to reveal the price and wants to allow members to match the price if not then I can sell to outsider .
But I have already finalised my deal and do not wish to go back on my word .
kindly advise as to what would be the right thing to do and wether society has a right to interfere like this .


Learning

 2 Replies

Pradipta Nath (Advocate)     17 May 2019

In a society you need to adhere their rules. If you do not adhere the cooperative will be furthernore reluctant to discharge your NOC. The law also is in their favor.

Wisdom lies to tackle this situation internally! I believe you understand my sign.

Nimish Somaiya   18 May 2019

could u help me with what the law states would like to be aware so that I can act in that direction with knowledge

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