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(Letter to be obtained from the Builder on his Letterhead)
NO OBJECTION CERTIFICATE
Name of Bank
Sub: Permission to Mortgage
This is to confirm that we have sold to ____________________________________, Flat No.
_________, Block No.___________, Floor No.______, Door No._______________, situated at
___________________________________________________________________________ for a total
consideration of `_______________/- under an agreement dated ______________________.
1. Area of the Flat ____________
2. Rate: `_________/SFT
3. The buyer has to make payment as under:
Cost of Land (UDS) `______________
Cost of Construction `______________
Total cost of Flat
We confirm that we have obtained necessary permission/s approval/s sanctions for construction of the
said building from all the concerned competent authorities and the construction of the building as well as
of the flat is in accordance with the approved plans. We assure you that the said flat as well as the said
building and the land appurtenant thereto are not subject to any encumbrance, charge or liability of any
kind whatsoever and that the entire property is free and marketable.
We have a clear legal and marketable title to the said property and every part thereof.
We have no objection to your giving a loan to the above buyer's and his/her/their mortgaging the said
flat with you by way of security for repayment, not withstanding anything to the contrary contained in
the said agreement.
We also undertake to inform and give proper notice to the co-operative housing society as and when
informed, about the flat being so mortgaged.
Page 1 of 1
KNB REALTY (Marketing & Mediating)
OFFICE: NO. 12, M.S.VISWANATHAN NAGAR, KARAYANCHAVADI, POONAMALLEE, CHENNAI â€“ 600056.
Form No.: 10102, for â€śFORMAT OF BUILDER NOCâ€ť