NOC Builder Resale IIHFL - 2013

Date-
To,
INDIA INFOLINE HOUSING FINANCE LIMITED
IIFL House, Sun Infotech Park, Road N0.I6V,
Plot no.B-23,MIDC, Thane Industrial Area, Wagle Estate,
Thane 400 604
Re: Permission to mortgage the property situated at _______________________(hereinafter

referred to as “the said Property”)
1. This is to confirm that we have allotted / sold the said property under construction
/constructed by us to Mr./Ms./Mrs. _______________(Vendor) under a Agreement for
sale/sale deed dated ___
_______. A original Agreement for Sale/Sale Deed has already been registered with the
Sub Registrar on _____________.
2. As the vender sold the said property to Mr./ Ms./ Mrs.___________ under a
Agreement for sale/sale deed dated ___
_______. A original Agreement for Sale/Sale Deed has already been registered with the
Sub Registrar on _____________.
3. We confirm that we have obtained necessary permissions / approvals / 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 are in accordance with the approved
plans. The order for the approval of the plan alongwith construction Certificate dated
________issued by the Municipal Corporation are attached hereto.
4. We assure that the said flat as well as the said building and the land appurtenant
thereto is 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.
5. We further confirm that we have no objection to Vender selling / transferring the said
property to Mr./Ms./Mrs. ______________ .
6. Vendor has paid an amount of Rs.______________/- (Rupees

____________________only) and a sum of Rs.______________ ( Rupees
_________________ only ) remains to be paid towards the cost of the said flat.
Possession of the said flat will be given to Mr./Ms./Mrs. ______________ on payment of the
balance consideration of the flat. The said property shall be handed over to Mr./Ms./Mrs.
__________________ within ________days ofmaking the balance consideration of the said
property.
We are aware that the said Mr./Ms./Mrs. ________________________ has approached

INDIA INFOLINE HOUSING FINANCE LTD, for a loan for Purchasing / acquiring the said
flat and that INDIA INFOLINE HOUSING FINANCE LTD has agreed to sanction / grant
the loan to Mr./Ms./Mrs. _______________________ to purchase / acquire the above flat
from the vendor and Mr. / Mrs. Mr. ______________________ has agreed to mortgage
the said flat in your favour as security for the said loan. We hereby confirm that we have no
objection to Mr./Ms./Mrs.________________________ mortgaging the said flat to you by
way of security for repayment of the said loan.
AND notwithstanding anything to the contrary contained in the said Agreement for Sale, we
hereby agree to note the aforesaid charge in our books in respect of the said flat and
Mr./Ms./Mrs. ___________________ will not be permitted to transfer, assign, sell off / cancel
or in any other way / manner deal with the said flat prejudicial to the interest of the
aforesaid mortgagee without the prior written consent of the aforesaid mortgagee.
7. We undertake to form a Co-operative Society / Condominium under the Apartment

Ownership Act of the premises / flat holders in the aforesaid building within the
statutory period. And we agree to inform and give proper notice to the Co-operative
Society / Condominium as and when formed, about and said unit / flat being so
mortgaged to you .
8. We Further agree that in case the agreement for sale of the flat / premises executed
Between Ourselves and Mr./Ms/Mrs.___________________ is terminated or
otherwise the flat / premises purchase transaction is cancelled on account of non
payment of own contribution or for any reason whatsoever, then INDIA INFOLINE
HOUSING FINANCE LTD shall have priority over the sum or sums of money
advanced to Mr./Ms./Mrs.__________________________ and paid to us, and we
hereby undertake to forthwith refund to you without demur, such sum/ sums of
money paid to us.
Yours Faithfully,

NOC Builder Resale IIHFL - 2013

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Date-

Re: Permission to mortgage the property situated at _______________________(hereinafter

3. We confirm that we have obtained necessary permissions / approvals / sanctions for

6. Vendor has paid an amount of Rs.______________/- (Rupees

We are aware that the said Mr./Ms./Mrs. ________________________ has approached

7. We undertake to form a Co-operative Society / Condominium under the Apartment

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