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Krishna Rao   13 October 2022

Is housing cooperative society's noc valid for sale of plot before 10 years lock in period

Hello Everyone

I have bought a residential site in bangalore , layout was approved by BDA and created by Housing Cooperative society.

Sale deed had 10 years no alienation clause, but Society gave approval for sale through NOC.

Legally is this NOC will hold in courts? or its useless and will be treated as violation of law.



 2 Replies

Deepak Rathore   29 September 2023

As per law Noc will not stand in the laws of court and will be treated voilation and negligence on issue of Noc.

Deepak Rathore   29 September 2023

seller has to get the noc, clear the oustanding society dues. insomw cases both parties need to share the transfer fees based on mutual agreement. or the buyer has to pay transfer fees

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