M/S. B.S.
ENTERPRISE
1/26, Santinagar (Nehru) Colony, P.O. & P.S. Regent Park, Kolkata–700040
TO,
M/S TATACAPITAL HOUSING FINANCE LIMITED
…………………………,
Dear Sirs,
Re: No Objection Certificate for Mortgaging Flat No……of
Mr/Mrs………………………. in the building called ……….. situated at ………..
…………………. .
This is to confirm that Mr./Mrs……………………………..are the bonafide owners
of Flat No…….on……..Floor, measuring ………..sq feet of the building known as..
……………………………..situated at ………………………………………………
(hereinafter referred to as “said property’’)pursuant to an agreement of
sale/conveyance Deed dated…………..bearing Registration No……………………
We confirmed 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 flat is in accordance with the approve
plans .We assure that the said flat as well as the said building and the land
appurtentant 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 marketatble title to the said property and every part thereof.
We confirm that possession of the said property has been given/shall be given in due
course to Mr./Mrs …………………………………….
We are aware that Mr./Mrs ……………………………. has approached Tata Capital
Housing Finance LTD for a loan against the said property and Tata Capital Housing
Finance LTD has agreed to sanction/grant the loan/ overdraft (“said loan’’)to
MR,/Mrs ………………………………….,to purchase the said property and have to
mortgage the said property in your favour/in favour of your security trustee as
security for due repayment of the dues under the said loan. We hereby confirm that
we have no objection to the said Mr./Mrs …………………………..mortgaging the
said property to your company/in favour of your security trustee as a security for due
repayment of the said loan.
We hereby agree to the note the aforesaid charge in our books in respect of the said
property and Mr./Mrs ……………………………will not be permitted to transfer,
assign, sell off/ cancel or any other way/manner deal with the said property
prejudicial to your rights / interest as the mortgagee without your prior written
consent.
We agree to inform and give proper notice to the Co-operative Society as and when
formed ,about the said property being mortgaged to your company and to issue the
share certificate directly to your company.
Yours faithfully,
Authorized Signatories,
(Secretary AND /OR Chairman/President)
