Panaji: The high court of Bombay at Goa has held that the registration of a sale deed of an individual’s undivided share in a plot as per survey plan does not require a no-objection certificate (NOC) under the Town and Country Planning (TCP) Act, 1974.
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Is NOC required for sale deed?
A sale deed is a legal document which must be executed between the buyer and the seller to complete the process of transaction when purchase of property takes place. The sale deed is just a documental proof of the transfer of property between the parties.However, NOC from society is not required to sale the flat.
How can I get sale deed in Goa?
Required Documents
- Deed registration document or ‘Dalil’ and other relevant land documents.
- No Objection Certificate.
- Digital photograph of the property.
- Proof of ownership.
- Proof of payment of stamp duty.
- Proof of identity of any two witnesses.
- Proof of identity.
- A map explaining the structure of the property.
What is sale deed in Goa?
A sale deed is a legal document that contains details of transfer of property ownership from a seller to a buyer.This document needs to be registered mandatorily and is governed by the Registration Act.
Can we sell property without NOC?
Selling a property without the NOC is illegal to do.Sale deed registration – A sale deed registration is obtained after the project has been completed in all aspects. This will be provided in the registrar’s office and is considered to be the ownership document.
Can I get NOC online?
Yes, obtaining an NOC is now possible through the online process at the online portal ‘Parivahan’ under the Ministry of Road Transport and Highways. However, applying for an NOC online is not yet enabled for all states. You must check your state’s availability for online NOC before proceeding.
Is stamp duty applicable on gift deed in Goa?
As per the amendment, whenever a gift deed is executed within family members or transferred between blood relations such as in favour of father, mother, brother, sister, wife, husband, daughter, son, grandson or granddaughter, a stamp duty of Rs 5,000 will be charged irrespective of the market value of the property.
What is the stamp duty for gift deed in Goa?
Goa Stamp Duty Charges
| Market Value | Stamp Duty | Registration Fee |
|---|---|---|
| Upto ₹ 50 Lakhs | 3% | 3% |
| Above ₹ 50 Lakhs upto ₹ 75 Lakhs | 3.5% | 3% |
| Above ₹ 75 Lakhs upto ₹ 1 Crore | 4% | 3% |
| Above ₹ 1 Crore | 4.5% | 3% |
Who can be witness in sale deed?
The executed sale deed should be witnessed by at least two witnesses one from seller side and one from buyer side, giving their full names, addresses and signatures.
How do I get a copy of sale deed online?
Process to get online sale deed copy
You can not directly register a sale deed copy online. It is mandatory to visit the sub-registrar office for registration. But you can reduce your hassle by getting the e-stamp paper and can also make an appointment for registration online.
How can I sell my property in Goa?
Guidelines for Sale of Property
The property law in Goa requires that a NRI/PIO desirous of selling his property in Goa must fulfil the following: Must possess a valid ‘OCI/PIO’ card duly issued by appropriate authority. Property should have been purchased within the FEMA provisions prevailing at the time.
Is property expensive in Goa?
Property prices in Goa are going up, but they are still a lot cheaper than most metropolitan cities in India, which means that for the same amount, you can buy a bigger villa or an apartment.For a same property in Delhi, Mumbai, or Bangalore, you will have to pay more than INR 9,000-12,000 per square feet.
What is CF NOC?
A No Objection Certificate (NOC) is a legal document issued by a housing finance company or bank to a customer declaring that he/she has no outstanding dues towards the lender. Sometimes referred to as a “No Dues Certificate”, an NOC can be obtained from the lender once the loan has been paid off completely.
How many types of NOC are there?
6 Types of NOC Letters:
It is usually issued by a copyright company or an individual. NOC for Immigration: Immigration from one country to another country for some specific purpose is also carried through an NOC letter.
How do you make a NOC?
How to Get NOC from RTO?
- Visit the local RTO personally and submit the application for the NOC.
- Next, submit duly-filled CMV 38 form along with the documents required by the RTO.
- The owner of the vehicle will need to visit the local RTO in person to submit the application for the NOC.
What are the documents required for NOC?
Documents required for the application of NOC:
Insurance certificate. Permit and fitness certificate (applicable for commercial vehicles) Emission test certificate (pollution under control certificate – PUC) Consent of Financier on CMV form 28 (if the vehicle is covered by Hypothecation, HPA or a lease agreement.
Why is NOC needed?
A No Objection Certificate or NOC is a legal document that is issued by the Regional Transport Office (RTO). If you intend to move from one state to another and take your two-wheeler with you, you need to re-register your vehicle to the new state.NOC should be obtained for stays extending 3 months.
What is NOC Dubai?
A NOC is the abbreviation of No Objection Certificate, also known as a No objection letter UAE. It’s a legal document that any agency, company, organization, or institution may issue, and even in certain cases, an individual may issue it too.
Does gift deed require stamp duty?
Gift Deed to Non-Family Member
The stamp duty and registration fee on gift deed of immovable property is a stamp duty of 5% on the market value of the property + surcharge + cess and 1% registration fee.
What are the charges for gift deed?
When it is gifted to any other person, the stamp duty rate is 5% in panchayat areas and 6% in municipal areas, corporation areas and urban areas. If the market value of the property is more than Rs. 40 lakhs, then an additional 1% stamp duty is charged in both urban and rural areas.
Can gifted property be transferred through gift deed again?
Please note that as a gift is not reversible in nature, a clause for the reversion of rights to your mother upon your death cannot be inserted into the gift deed. However, the same can be bequeathed back to your mother, or any other person that you may choose to appoint as the beneficiary, in your Will.
