Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

Purchased a ground floor in a dlf gurugram in 1999 but no OC how to resell now

view 172 Views

2 Answers

4 Year

Comment

whatsapp [#222222128] Created with Sketch. Send
0 2020-09-24T18:10:57+00:00
Buyers will not be interested without OC because of following reasons: a. The occupancy is considered illegal if there is no valid OC. It can further be classified as an unauthorised structure by the municipal authorities. b. While applying for a home loan, OC is mandatory. So, without a valid OC, the buyer cannot apply for a home loan
It is quite difficult to sell a property which has no OC. However, you can still sell it if you have the sale deed and other relevant documents. Though the possibility of getting a buyer is very low. Even if you get a buyer, you will have to sell the property for very less price due to the absence of the OC.

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners