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Bank asking for NOC from MIDC for loan
04-Aug-2023 (In Property Law)
I have bought a resale flat in a project which has got land from MIDC on lease for 95yrs. I have applied for home loan for buying the flat. Builder has already given NOC for resale. Now bank is asking for NOC from MIDC for resale. I have enquired that MIDC cannot give NOC for flat. My loan is not getting disbursed because of this. Kindly help.
As per your query
You have brought release flat in project which has land got from MIDC. You applied for lone and bank asking you NOC from MIDC in this situation you can make representations in writing to MIDC if not replyed you can file writ potion in High Court for direction to issue NOC.
For More detail you can contact me.
Thank you
You have brought release flat in project which has land got from MIDC. You applied for lone and bank asking you NOC from MIDC in this situation you can make representations in writing to MIDC if not replyed you can file writ potion in High Court for direction to issue NOC.
For More detail you can contact me.
Thank you
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How to get noc from hdfc bank for bike loan?
Fill out the application and provide the copies of the documents required.
Visit the RTO that originally registered the two-wheeler.
Please submit the completed form along with all the required documents to your local officer.
If you need to, pay the fee for obtaining the NOC. Submit the receipt along with the completed form.
What is NOC from builder?
A No Objection Certificate is a statement that allows a person, or company to purchase or build a property.
What is a NOC for taking a loan from other bank?
Sample Bank NOC Format 1: Write to your bank and ask for a NOC when applying for a credit. Ashutosh Munshi is an account holder at the Kothrud branch HDFC Bank. I have written this letter to ask for a NOC to approve my loan request. 29 Mar 2023
Is NOC required for home loan?
You will need a NOC to close your home loan. A NOC is also required when you successfully close a Loan Against Property. Once you receive the NOC for an LAP, the property is yours.
This is my response to you:
1. Ask the MIDC to issue you the NOC since the land in question is on lease;
2. If they still refuse then ask the bank's legal head speak to MIDC legal head;
3. If it still does not get resolved then send a legal notice to MIDC and ask them to comply with the requirements;
4. You can also take help of local lawyer and make him or her speak to the authorities on your behalf.
1. Ask the MIDC to issue you the NOC since the land in question is on lease;
2. If they still refuse then ask the bank's legal head speak to MIDC legal head;
3. If it still does not get resolved then send a legal notice to MIDC and ask them to comply with the requirements;
4. You can also take help of local lawyer and make him or her speak to the authorities on your behalf.
Helpful?
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Adv. Gowaal Padavi
Mumbai | 500+ Answers
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