District Administration considering allowing registry without NOC to fasten up Flat delivery

For increasing the rate of delivery of flats to buyers, the district administration is contemplating allowing registry of property even if the Authority has not provided a ‘No-objection certificate’ (NOC) to the project through an ‘agreement to sub-lease’ between the builder and buyer, officials said.

The plan was discussed in a meeting between officials of the district administration and the Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) on Saturday. The officials also assessed changes in laws that now make it mandatory for development authorities to issue completion certificates to builders within eight days of applying for it.