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	<title>Property News India and Featured Real Estate Stories &#187; newly-purchased flat</title>
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		<title>Govt ends NOC system in Maharashtra</title>
		<link>https://groups.commonfloor.com/news/govt-ends-noc-system-in-maharashtra-30409</link>
		<comments>https://groups.commonfloor.com/news/govt-ends-noc-system-in-maharashtra-30409#comments</comments>
		<pubDate>Tue, 09 Oct 2012 12:01:34 +0000</pubDate>
		<dc:creator>praveen.p</dc:creator>
				<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[City and Industrial Corporation (Cidco)]]></category>
		<category><![CDATA[Developer]]></category>
		<category><![CDATA[extract a large sum]]></category>
		<category><![CDATA[home buyer in Maharashtra]]></category>
		<category><![CDATA[Illegal]]></category>
		<category><![CDATA[Malpractice]]></category>
		<category><![CDATA[newly-purchased flat]]></category>
		<category><![CDATA[no objection]]></category>
		<category><![CDATA[No Objection Certificate (NOC)]]></category>
		<category><![CDATA[transaction]]></category>
		<category><![CDATA[transfer of ownership]]></category>

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		<description><![CDATA[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 &#8216; transfer fee&#8217; from the clueless buyer lieu of a no objection [...]]]></description>
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