MHADA Resale Property

Q: I am planning to buy a Mhada 50 year old resale property.

The flat was allotted to the owner by MHADA in 1966 and after that there has been no transaction and recently he passed away and the registered society has transferred the flat to her daughter's name on basis of nomination form. Society has conveyance from Mhada.

What all documents should I ask from the person on who's name share certificate is issued currently by the society and is she the legally allowed to sell the house ?

sorab,

7th June 2016

Legal in Sion East, Mumbai

mhada resale property

documents required for mhada resale flats

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Replies (3)

Hello All,

Thank you so much for your precious time and reply, I just want to ask as the nominee is not the legal heir, what is the procedure and can she sell the property ?

sorab,

8th June 2016

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Mansoor has provided very useful information on MHADA Resale flat buying. Apart from that agreement of sale to be made, Stamp duty and Registration charges(about 35000) to be pauid, registration to be done on your name by going to Sub registrar office (You and buyer will need Photo ID and PAN Card, passport Photo) two witness with Photo ID and photo (Many Agents do the Registration work and they will let you know you the more and it is easy through them, they charge about 4 to 5 thousend). Once registration is done legally you become the owner but for Mhada Flat you also need Mhada Flat transferred on your name by MHADA.

Sunil Joshi, Mumbai

8th June 2016

Comment

And for MHADA Transfer of your property, you have to fill up the form from MHADA and official fees around 35000 DD to be paid, copy of Registration to be attached. if your are going directly for MHADA transfer after Registration then it may take 6 month but if you go through Mhada Agent then it can be done in 15-20 days( you have to pay the bribe to Mhada agent about 15 to 25 thousands)

Ketalpujara, Mumbai

8th June 2016

Hi,
If you want to buy the Mhada Flat in resale then you will need the falling from seller:
1 No due certificate from Society (it shows that nothing is balance to be paid to society)
2 Original allotment letter from MHADA on owner name (Ask complete file from owner), Ask for the SHARE Certificate that Society gave it to owner and letter from owner that share certificate to be transferred on your name.
3 Society membership form to be signed by you both and Society membership transfer fee(both will share 50%)
4 Electric meter transfer letter (balance to be checked)
5 No Objection or Naharkat from housing Society.

Mansoor Bithal, Mumbai

8th June 2016

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