Reading: Buying a resale flat in India can be tricky, especially when the builder hasn’t formed the society. Banks often demand a No Objection Certificate (NOC) from the builder for loan disbursement. But what if the builder wants money for the NOC? Are there ways to get it without paying? Why don’t bank lawyers send legal notices to the builder, challenging his demands? The builder shouldn’t be able to object to the sale, right? What’s the best way to handle this situation and get the NOC without unnecessary hassle?

Buying a resale flat in India can be tricky, especially when the builder hasn’t formed the society. Banks often demand a No Objection Certificate (NOC) from the builder for loan disbursement. But what if the builder wants money for the NOC? Are there ways to get it without paying? Why don’t bank lawyers send legal notices to the builder, challenging his demands? The builder shouldn’t be able to object to the sale, right? What’s the best way to handle this situation and get the NOC without unnecessary hassle?

Last updated: August 25, 2025 1:17 pm

Apni Law

2 months ago

Law Forum › Category: Property › Buying a resale flat in India can be tricky, especially when the builder hasn’t formed the society. Banks often demand a No Objection Certificate (NOC) from the builder for loan disbursement.

But what if the builder wants money for the NOC? Are there ways to get it without paying? Why don’t bank lawyers send legal notices to the builder, challenging his demands? The builder shouldn’t be able to object to the sale, right?

What’s the best way to handle this situation and get the NOC without unnecessary hassle?

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Apni Law Staff asked 2 months ago

Buying a resale flat in India can be tricky, especially when the builder hasn’t formed the society. Banks often demand a No Objection Certificate (NOC) from the builder for loan disbursement.

What’s the best way to handle this situation and get the NOC without unnecessary hassle?

1 Answers

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Best Answer

Apni Law Staff answered 2 months ago

Indian law doesn’t explicitly prohibit builders from charging for an NOC, but it is considered unethical and can be challenged. Bank lawyers might not send notices to avoid delaying the loan process, but you can negotiate with the builder or escalate the issue to the relevant regulatory authorities if necessary. The best way is to try negotiating with the builder, document everything, and consult with a lawyer specializing in real estate law.