Residential Current Scheme Application Form Transfer Charges Residential Plots 1. At present no scheme is open for Residential plots except Group Housing Senior Citizen Scheme the last date of which is 04.11.2006 2. Equitable mortgage and permission for collateral security is granted on the following conditions:-   Update plot premium and due amount of lease rent and interest etc. has been paid by the allottee. The allottee is required to submit bank draft/pay order of Rs 1000/- infavour of Noida towards processing fees. Where extention time has been expired, and occupancy certificate has not been issued, in that case the allottee is required to pay uptodate extention charges. The first charge on the property would be of Noida against all dues of Noida. Sanction letter of concerned bank and an affidavit on non judicial stemp paper of Rs 10/- duly notarized stating that there is no unauthorized construction and commercial activities on the plot are also required to be submitted by the allottee. Where construction has not been done by the allottee in that case the allottee is required to submit an affidavit to this effect that the allottee will construct the house as per approved layout plan. In case the allottee violated the terms and conditions of the approved layout plan, the cancellation of lease deed will be done without any notice for which the allottee will have no objection is this regard. 3. Transfer of residential plot.   An individual is allowed to acquire more than one residential plot/flat/house from open market and get it transferred in his/her name or in the name of his/her spouse or dependent children, even if he/she has been allotted a plot/flat/house by NOIDA through a scheme.  The following condition shall be applicable for permitting transfer of a residential plot:-   The case where cancellation has been affected are not eligible for transfer Pre-possession case are not transferable Only bonafide lessees are eligible to transfer the plot. Application form for transfer can be had from the Vijaya Bank, Sector 6/19, Noida on payment of Rs 100/- this transfer application form is valid for 6 Months. The transfer application form should be duly filled-in alongwith the NOC’s of Residential Area Accounts & PE (JAL), NOIDA. In case the house is constructed on plot, the allottee is required to submit a photocopy of occupancy certificate otherwise he is required to pay the extension charges according to lease deed.  In case of plot being transferred, has been allotted through the cooperative housing society, NOC of the respective cooperative housing society shall also be required. The allottee is required to submit Lease Deed/Transfer Deed, Allotment Letter and possession certificate in original.  The transferor and transfree shall have to present before Officer on Special Duty(Residential Plot, Sector 6, Noida) at the time of submission of transfer application Transfer application should be accompanied with a bank draft of Rs. 1,000/- towards processing fee in favour of NOIDA payable at Delhi/NOIDA/New Delhi. Signatures of Transferor(s)/Transferee(s) must be attested by the Banker(s) on the application form itself.  In case of companies, resolution of Board of Directors authorising the signatory for moving the transfer application should also be submitted with application form alongwith passport size latest photograph duly attested by Banker/Gazetted Officer for both Transferor(s) and Transferee(s). Both transferor and transferee must be competent to contract on the date of transfer application The prevailing sector-wise allotment/transfer charges rates of residential plots are as under, which may be revised at anytime without prior notice. Transferor and Transferee should jointly satisfy themselves about the overdues/dues position from the Accounts Department of NOIDA. Once transfer is approved, all the liabilities of the transferor till the date of transfer memorandum would pass on to transferee.  The transfer charges can be deposited either by the transferor or transferee. Transferee would be required to clear up to date outstanding dues of NOIDA before the transfer request. Lease rent at the time of issue of transfer memorandum would be revised @ 1% of the premium calculated at the rate of allotment applicable at the time of transfer memorandum, subject to revision after every 10 years.  In case one time lease rent is already paid then lease rent is not payable. In case of transfer of rights of the minor(s), orders of the District Judge are required regarding protection of interest of minors. Occupancy certificate of plot should have been issued or valid extension of time for construction should have been approved at the time of transfer.  After transfer of plot, further extension of time for construction will be granted at 4% of prevailing sector rate. Transfer charges once deposited will not be refunded, however, in case, transfer does not materialize due to dispute between the parties, or withdrawal of transfer application by the transferor with the consent of transferee(s) then 10% transfer charges shall be deducted and the balance amount would be refunded. The transfer deed shall also be required to be executed within 60 days from the date of issue of transfer memorandum between the Transferor & the Transferee.  On receipt of certified copy of transfer deed registered with Sub-Registrar, NOIDA, a certificate confirming acceptance of the transfer deed shall be issued as a proof of the plot have been mutated in favour of the transferee.     In addition to sector rate, following location charges are also applicable;   For corner plot : 5% of the premium. For plot facing park/green belt: 5% of the premium (I) For plots facing 18 mtr. Or more wide road: 5% of the premium. (II) For Plot facing 30 mtr or more wide road: 20% of the premium.   Transfer cases through General/Special Power of Attorney:   Transfer of plot is allowed on the basis of General Power of Attorney/ Special Power of Attorney. Application for transfer should come on the prescribed application form available from State Bank of Patiala, Sector-6, NOIDA & Vijay Bank, Sector-19, NOIDA (Cost of form is Rs. 100/-). This transfer application form is valid for six month. In such cases, the applicant will have to submit following documents alongwith duly filled in prescribed transfer application form:- Registered copy of G.P.A./S.P.A with a certified copy duly notarised for office record Registered copy of Sale Agreement with a certified copy duly notarised for office record. The allottee is required to submit Lease Deed/Transfer Deed, Allotment Letter and possession certificate in original. ndemnity Bond on non-judicial stamp paper of Rs. 100/-(Performa enclosed with application form) Affidavit on the prescribed Performa on non-judicial stamp paper of Rs. 10/-(Performa enclosed with application)   In case of first sale, the transfer charges shall be applicable at the rate of 1.5 times of the normal transfer charges ( 50% more than the normal transfer charges).  The amount of transfer charges shall be increased @ 50% of the normal transfer charges for each successive sale involved in the transfer.  If the transfer involves single transaction, then the transfer charges will be leviable for single transaction.  For evaluating the single transaction the general power of attorney/special power of attorney and agreement to sell should be executed simultaneously and on the same date.  The facility of single transaction will also be available in case transfer application is moved by the original allottee and further the transfer deed has been executed by the blood relation of transferor/transferee. The power of attorney holder of a prepossession plot can also apply for transfer of plot but he shall be required to execute lease deed of the plot under transfer on behalf of the allottee before his application for transfer of plot is processed.   TRANSFER UNDER BLOOD RELATION   Transfer under blood relation is allowed from allottee / transferee to wife/husband, son/daughter (Married/Un-Married), father/mother and vice-versa is permitted without charges.   The following documents are required to be submitted:-   Draft of Rs.1000/- as processing fee is to be submitted alongwith the request for transfer. Affidavit by transferor & transferee duly attested by Notary Public is required to be submitted. Photograph/signatures duly attested by Banker/Gazetted Officer of proposed transferee to be submitted. Copy of Ration card or school leaving certificate or pass port etc. so as to show relationship with allottee. In case post-possession plot is being transferred in blood relation then Transfer Deed shall have to be executed within 60 days from the date of such transfer approval.   TRANSFER OF PLOT IN CASE OF DEATH OF ALLOTTEE   n Prescribed Blood Relation: Transfer of plot is permitted in the name of legal heirs after death of allottee without any transfer charges if under blood relation i.e. in favour of father/mother, husband/wife, son/daughter (Married/Un-Married) & vice versa. In case plot is being transferred in favour of following relations, such permission will be granted subject to fulfillment of prescribed formalities & on payment of transfer charges equivalent to 50%  charges of applicable in case of transfer of plot these charges have been considered on the basis of attorney case :- Son/Daughter of deceased allottee’s Son/Daughter Brother/Sister of deceased allottee Brother’s Widow Grand Mother/Grand Father, Maternal Grand Mother/Maternal Grand Father Brother/Sister of Father/Mother For above (i) & (ii) the following documents are required to be submitted:- Indemnity Bond (on prescribed Performa) on stamp paper of Rs. 100/- (duly notarised ) of proposed transferee. (ANNEXURE-III) Affidavit of proposed transferee is to be submitted (on prescribed Performa) on stamp paper of Rs. 10/- duly notarised. ANNEXURE-III(i) No objection of all other legal heirs (on prescribed Performa) on stamp paper of Rs. 10/- duly notarised. (ANNEXURE-III(ii)) Certified Copy of Death certificate. Photographs and signatures of all legal heirs and proposed transferee attested by Bank/Gazitted Officer. (ANNEXURE-II) In case of allotment of plot made through cooperative housing society, ‘No Objection Certificate’ of respective society shall also be required for such transfer. The transferee would submit a copy of ration card or school leaving certificate or passport etc. so as to show blood relation In case allotment/lease of plot is sought to be transferred in favour of a person outside the above mentioned relations on the basis of registered will of deceased allottee, the proposed transferee shall have to obtain the probate order for the competent court for which transfer charges @15% are payable i.e.  on the basis of probate order from the competent court 15% transfer charges i.e. equivalent to charges payable in case of transfer of plot through power of attorney shall be payable.   In such cases following documents are required to be submitted:-   Indemnity Bond (on prescribed Performa) on stamp paper of Rs. 100/- (duly notarised) Affidavit of proposed transferee is to be submitted (on prescribed Performa) on stamp paper of Rs. 10/- duly notarised. No objection of all other legal heirs (on prescribed Performa) on stamp paper of Rs. 10/- duly notarised. Probate order from the competent court is required and the prescribed court fees should have been paid. In case will holder is not able to produce NOC of legal heirs he is required to get a public notice in two national Newspaper so that any objection is made by any persons he can send a request to the Authority within 30 days. If no objection is received with in the above period, transfer permission would be granted. Certified copy of Death certificate of deceased allottee. Photograph/signatures duly attested by Banker/Gazetted Officer of proposed transferee and legal heirs, if any. In case of allotment of plot made through cooperative housing society, ‘No Objection Certificate’ of respective society shall also be required for such transfer. 4. Application in simple paper submit to residential plot department which will be sent to Accounts Department for obtaining the No Dues Certificate. 5. Formalities for execution of lease deed and possession   U.P Non judicial stamp paper Rs ------------------------ + Rs 50/- (the amount of stamp duty should be checked from the office of sub-registrar Noida. The stamp paper can be purchased from the treasury, Government of U P, Collectorate, Surajpur, Greater Noida) Duly Notorised affidavit on stamp paper of Rs 10/- as prescribed in the brochure of scheme. Five copies of Photographs duly attested by bank on prescribed formet. Two copies of signatures of allottee duly attested by bank on prescribed formet. No dues certificate of Industrial/Commercial/Institutional unit. Original copy of Naksha –11 in land acquired category. Registration fees ( 2% of total cost and maximum Rs- 5070/-) to be paid in sub registrar office, Noida. Copy of deposit challan relating to upto date payment of instalment of the allotted plot. Two witnesses are required for registration of lease deed & three copies of photographs of each witness is also required at the time of registration. The allottee as well as the witness shall cary there identity card for this purpose. Advance lease rent Rs--------------- and Rs 50/- towards cost of lease deed set. List of share holders duly certified by C.A. List of directors duly certified by C.A Memorendum and acticles of association. Certificate of incorporation. Copy of resolution. In case plot is mortegaged than NOC of concerned Bank/Institution is required.