Mortgage is registered between developer and Financing bank,NOC from bank and depositing amount in Escrow account will be sufficient to do registration in Purchaser name or what is other way to protect the right of purchaser over purchased plot/apartment.
What will be the process for a properly registered document with S R O for the mortgaged property after completing 30 years and which judiciary need to be approached for settlement.
Is it required to register, for the property mortgaged with the bank before this amendment?
It should be Registered with Local SRO - to avoid problems as mentioned above !
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