How to get the transfer memorandum?

Q: I heard that the seller of the leasehold property need to obtain transfer memorandum? How to obtain the memorandum?

Sunil Sharma, Noida

28th December 2011

Real estate News in Noida

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Replies (6)

If I purchase flat in Noida extension where property is already registered, then what will be transfer charges taken by authority ? I have heard buyer needs to pay some amount apart from registration charges and stamp duty.

Kapil Mehta, Apartment Resident

9th September 2016

Comment

Does Greater Noida Authority charge any amount for example Rs. 100 or Rs 50 per Sq Meter as Transfer fee towards Authority. Can someone please help me on it.

Prateek Tewari,

11th October 2014

Comment

If it is done not within 60 days, then the seller have to file again a new application.

Ruchi Mishra, Noida

28th December 2011

Comment

What happens if the transfer of the lease property is not done within time period of after submitting application to the revenue officer?

alok.khurana,

28th December 2011

Comment

Transfer memorandum is necessary when transferring leasehold property.An amount of Rs 1,000 for the permission process is levied and it will take 10-15 days for the verification and authentication of the seller and buyer. The transfer should be conducted within 60 days from the date of authority permits the transfer or sale.

ramya.padubidri,

28th December 2011

Comment

Transfer memorandum is granted by the development authority and during sale or transfer of property, the seller has to file an application to the revenue officer in the development authority office for the permission to transfer or sell the property. Along with the application he need to submit the copies of NOC and title deeds from the residents welfare association. Your name, current address and the transfer date need to be mentioned in the application.

Gaurav Malik, Noida

28th December 2011

Comment