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Builder Units in Indirapuram : Help - GDA marking Builder units as illegal

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Builder Units in Indirapuram : Help - GDA marking Builder units as illegal

Last updated: October 4 2019
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  • Builder Units in Indirapuram : Help - GDA marking Builder units as illegal

    I'm trying to sell my builder unit (built on builder floor having 2 units) that I purchased in 2011 in Niti Khand - 2.

    Property dealers are telling me, GDA is marking builder units illegal. Banks will not give loan for such a property, even registries are not happening for them these days as GDA is not issuing NOC for such units for resale.

    I have complete papers with me and when I had bought the house, I took a loan from private bank who had done their due diligence.



    Should i worried about these broker comments? Are these true? Or are they just trying to scare me? Also if anybody has done transaction recenlty what is this NOC from GDA they're talking about? Is it really required? What is the procedure to get it in such a case?
    Last edited October 4 2019, 03:02 PM.
  • #2

    #2

    Re : Builder Units in Indirapuram : Help - GDA marking Builder units as illegal

    When you bought it, did you get the property registered?

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