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extract a large sum

Govt ends NOC system in Maharashtra

Govt ends NOC system in Maharashtra
In order to transfer ownership to a new buyer, a home buyer in Maharashtra had to do before selling a newly-purchased flat was to obtain a no objection certificate (NOC) from the developer. This process gave an opportunity to the developers to extract a large sum as ‘ transfer fee’ from the clueless buyer lieu of a no objection [...] Continue Reading »



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