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Sale of flat without noc

(Querist) 25 February 2013 This query is : Resolved 
Greetings... I am aware that as per the new bye laws NOC is not compulsory for the sale of flat... but my Chartered Accountant says that if u sell a flat without NOC u will not get its full value... that is if the current rate of my flat is 50 lacs then I will get only 50% of its value that is 25 lacs. Is this really true.

I forsee some issue with our managing committee in giving me an NOC for the sale of my flat.

Kindly advice..
Report Abuse
ajay sethi (Expert) 25 February 2013
your chartered accountant is not a lawyer . tell him to go through the bye laws . no NOC is necessary
R.K Nanda (Expert) 25 February 2013
noc not needed.

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