Q:I just want to know What are the process charges for the Resale Flat. are they necessaryStamp Duty - OKRegistration Charges - OKLBT/VAT - OKLegal Charges - OkTransfer Charges - Taken care by the seller (?)NOC Charges- ??? & What % is the NOC charges please help to clearify
Latest Answer: Hi folks,
Checklist before buying a resale flat:- 1) Construction agreement, where the Saleable area and common areas are mentioned, 2) UDS registration document, 3) Sale Deed, 4) Parent document for the Land on which the apartment is constructed, usually, it will be photocopy of all the documents bound as a book, 5) Floor plan of the apartment with structural drawings ( some banks as for this and some doesn't), 6) Property tax receipts, 7) NOC from the lender bank in case the previous owner bought it on loan, Recent Encumbrance Certificate applied on your name.
Q:Hi,I have resold a flat in Lodha Palava ,Mumbai of which I have possession. There is no OC and no society has been formed. Lodha has asked for NOC charges in cash and not in cheque.They said that even bank like ICICI, HDFC etc. can not give loan. Is it true?Is this NOC and these charges valid. And does buyer and seller has to bear 50:50?I am salaried.
