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How can I get NOC from builder for resale of flat


06-May-2023 (In Property Law)

For resale flat if society formation is not done by builder then the is demand of NOC from finance company for disbursement of loan. Is it necessary to give money to builder for NOC else is any alternative is available way to get NOC from builder without money. Why finance company's lawyer do not send a legal notice to builder asking his objection for this transaction. Builder can not raise any objection . He can issue a NOC with taking charge but he will not be able to raise the any objection . What is the best solution?

Answers (1)

Answer #1
611 votes
You have not given the establishment of the building details...in which year it was formed. Why the society is not formed yet or has not done conveyance till today ?. Have u asked NOC from him in writing mentioning ur intention to buy flat on loan ? If yes what was his reply etc. I dont think he will have any objection unless some dispute is there

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