[Resolved]  Tata Housing Development Company — Creating obstacle in flat surrender and resale

Address:Maharashtra

Dear Sir,

I have invested in New Haven Boisar project developed by TATA Housing. As the project is being over-delayed it is creating a huge liability on me and hence I want to withdraw from the project or resale it as I am unable to finance it.

However Bank requires a tri-party agreement and NOC from TATA for issuing home loan to the new buyer which TATA has been refusing as they need my original property documents which are being mortgaged with my bank. For surrendering the flat TATA requires original papers to be submitted 1st to initiate flat cancellation. I have taken a home loan for that and I am totally stuck in this situation created by TATA.

If this was the case this should have been mentioned in the agreement for flat purchase. Aren't TATA is aware that most of the buyers take home loan for purchasing the property hence they should have created some provision for it for a home loan buyer to surrender or resale his flat.

I request you sincerely to please consider my complaint.

Regards,

Pallavi Barnwal

[protected]

pallavi.[protected]@gmail.com
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Aug 13, 2020
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