Hi Mr Tripathy, As per my knowledge, The transfer application form should be duly filled-in along with the NOC of Residential Area Accounts & PE (JAL), NOIDA. In case the house is constructed on plot, the allottee is required to submit a photocopy of occupancy certificate otherwise he is required to pay the extension charges according to lease deed. In case of plot being transferred, has been allotted through the cooperative housing society, NOC of the respective cooperative housing society shall also be required.
Hi A.K, According to me, Occupancy certificate of plot should have been issued or valid extension of time for construction should have been approved at the time of transfer. After transfer of plot, further extension of time for construction will be granted at 4% of prevailing sector rate.
Transfer charges once deposited will not be refunded, however, in case, transfer does not materialize due to dispute between the parties, or withdrawal of transfer application by the transferor with the consent of transferee(s) then 10% transfer charges shall be deducted and the balance amount would be refunded.