by Sandeep Sadh on May 26, 2023 | 2 Comments Why is Co-operative Housing Society NOC required for Selling Flats in Mumbai In Mumbai, a No Objection Certificate (NOC) from the Co-operative Housing Society (CHS) is required when a member wants to sell their flat or transfer their ownership rights to someone else. This requirement is mandated by the Maharashtra Co-operative Societies Act, 1960 and the model by-laws of the Co-operative Housing Societies in Maharashtra. The NOC from the CHS is important because it verifies that the seller is a member of the society, and that they have cleared all dues and complied with all the rules and regulations of the society. It also ensures that the transfer of ownership does not result in any disputes or legal issues for the buyer in the future. Additionally, the NOC certifies that the seller has paid all the outstanding dues to the society, including maintenance charges, property taxes, water bills, and other charges. The CHS can also withhold the NOC if the seller has any pending dues or has violated any rules and regulations of the society. In such cases, the CHS can recover the dues from the seller or take other legal action to ensure that the interests of the society are protected. In summary, the NOC from the CHS is required to ensure that the sale or transfer of ownership of a flat is done in a legal and transparent manner, and that the interests of the society and its members are protected. AUTHOR Sandeep Sadh View all posts by Sandeep Sadh Experience in Transactions, Knowledge of the Real Estate Market, Understanding of the Legal Matters and its Implications on a transaction and knowing Ground Realities and to be the Founder - CEO of one of the most connected Real Estate Advisory Firms and in being in the consulting advisory real estate business Since 1993 has given Mr.Sandeep Sadh an edge in the market. He has been a Columnist in Times of India and engaged in Buying, Selling and Leasing of Residential and Commercial Properties. He writes basis on the Current Market condition with Research and Analysis of various Micro Markets etc.