Comment on Housing society’s NOC not essential to sell or buy flat by Venkatesh.
Our society is supposed to go for redevelopment,meanwhile I want to sell my flat but, our society is refusing me NOC saying that the building has been handed over to the builder.
I have got buyer who has applied for a loan as well, but the society have put a clause which says that the financial institution which is providing type loan will have to grieve in wriyting that if and when the redevelopment starts they will have to return the original agreement for a period of 10days after which the society will return the new registered agreement to the financial institution but the financial institution is not agreeing to this.
I wanted to request you to please let me know if there is any other way by which I can sell my flat and can the society refuse me the NOC
Thanks & Regards