Conveyance Deed Signing and Registration

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Jamil

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Apr 10, 2012, 4:14:36 AM4/10/12
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Hi,

I got possession of my Flat and deposited the Possession Slip to DDA
as per allotment letter.

However, no intimation has been received from DDA regarding Signing of
Conveyance and Registration.

Regards,

Jamil

Jamil

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Apr 10, 2012, 4:40:42 AM4/10/12
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Process to be followed by the Allottee

The successful allottees need to undergo the following procedure in
the manner of their appearance. However, step  1 & 2 are required to
be completed before possession letter may be issued by DDA.

Step I :: Possession Set

After the Allotment cum Demand letter is issued to the Allottee, he
has to deposit the balance payment against the Flat as mentioned
therein and submit certain documents together referred as the
Possession Set in complete to DDA within the stipulated time.

Step II :: Stamping

Simultaneously with the issue of Allotment cum Demand Letter, four
Conveyance Deed are issued. Next step in the process involves Payment
of Stamp Duty to the Government (Collector of Stamps carries stamping
work). As per the amended policy, duly stamped conveyance deeds are
required to be submitted to DDA for taking the possession of Flat.

Step III :: Possession Letter

The duly stamped Conveyance deeds are submitted back to DDA. Then,
Possession Letter is issued to the allottee if all the documents and
deficiencies (if any) are submitted to DDA.

Step IV :: Physical Possession Set

On issuance of Possession letter, the Allottee need to take over the
Physical possession of the Flat from the concerned site office of the
DDA. A physical Possession set is submitted at the Site office for
taking over the possession. After taking the possession one needs to
intimate DDA (main concerned branch) to get its Conveyance Deed
executed.

Step V :: Execution

The officer of DDA executes the duly stamped Conveyance deeds after
the physical possession is taken over by the Allottee. Certain
documents are required at the time of Execution. The Allottee also
signs the conveyance deed.

Step VI :: Registration

The most essential step in the whole process is the registration of
duly executed Conveyance Deeds at the Sub-Registrar Office. The
registration has to be done within the prescribed time otherwise it
becomes invalid and almost whole procedure need to re.

Rajeev Arora

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Apr 13, 2012, 3:01:35 AM4/13/12
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Thanks a lot Jamil

this is quite elaborate explanation !!

Jasmine Sahota

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Apr 13, 2012, 3:08:33 AM4/13/12
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Hi Jamil,

Thanks for detailed process map

Had a few queries on Conveyance Deed, 
  • who issues the  Conveyance Deed - DDA or we get it made?
  • Also when do we get a copy of the  Conveyance Deed? along with DL ?
  • Also do we need to get the stamping done or is it done by DDA itself on clearing payments etc?
Thanks

Jasmine

Pankaj Yadav

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Apr 13, 2012, 4:34:10 AM4/13/12
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Hi Jasmine,

 let me try to answer few of your questions:

1. DDA issues the Conveyance Deed.
2. It comes along with DL.
3. You need to pay CD charges before the final payment. DDA will stamp it and return 3 out of 4 copies, which you need to submit along with final payment receipt and possession set.

Finally once you get the Possession Letter CD will be executed ... !

For more information you can search in this google group the mails around October / November - 2011. You'll find detailed steps and all the information required.

regards
-Pankaj

Jasmine Sahota

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Apr 13, 2012, 4:35:41 AM4/13/12
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Thanks Pankaj.. 

Sonalika Prasad

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Apr 13, 2012, 4:48:13 AM4/13/12
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Dear All,
 
I have paid the demand money by taking a loan. I've got the possession letter and thinking to take possession.
Now,i'm wondering, after I take possession,CD executed by DDA will be sent to me or to the bank from whom I've taken loan? If they send it to the bank, how would the registation be done?
 
I've heard execution of CD and registration is same?is it true
 
Unable to understand this process..Kindly help.
 
Thanks
Sonalika
 
 
On Fri, Apr 13, 2012 at 2:04 PM, Pankaj Yadav <panka...@gmail.com> wrote:

anupam tyagi

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Apr 13, 2012, 5:11:05 AM4/13/12
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Any idea what are the documents that JE  needs -  affidivat etc  before he handover the possesion.
Where we have to submit the Furnishing cost amount .
 
Thanks
Anupam

Jamil

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Apr 19, 2012, 12:16:12 AM4/19/12
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Yes the documentation needs to be done has already been posted by
me....

Rgrds
Jamil

Jamil

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Apr 19, 2012, 12:18:13 AM4/19/12
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Finally after a year long struggle I got a letter from DDA for
execution of conveyance deed... i.e., Step V and VI

Did anyone got... similar letter kindly post...

Regards,
Jamil

On Apr 13, 2:11 pm, anupam tyagi <anuf...@gmail.com> wrote:

A Jain

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Apr 19, 2012, 12:24:44 AM4/19/12
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Hi

I also do not understand the difference between registration and
conveyance deed execution. Can someone please elaborate on this?

Do we have to pay more money during registration and is it to be paid
along with CD or at the end?

Thanks in advance.
-Aarul

vijay Aggarwal

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Apr 19, 2012, 1:04:57 AM4/19/12
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Hi Jamil

Yesterday I got the possession of my flat.

DDA JE gave me " Possession Slip and Water slip"

Now what is next step after this.

Regards

Vijay

anupam tyagi

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Apr 19, 2012, 1:15:18 AM4/19/12
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Hi Vijay ,
 
What are the affidivait /undertaking or any other documents  we need to provide to the JE after the sumbission of furnished amount .
 
Any idea after how many days did u recived the letter from JE after you submitted the possesion letter to JE 
 
Thanks 
Anupam Tyagi 

RC

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Apr 19, 2012, 11:21:54 AM4/19/12
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Hi Jamil,
I too deposited my possession slip on 10th of March but am yet to
receive any communication from DDA about CD signing. Kindly share when
did you deposit your slip. Further kindly share the contents of the
letter you have received...where the execution shall be done...the
formalities.....the expenses etc...
Thanks
Sanjay

On Apr 19, 9:18 am, Jamil <jamiltho...@gmail.com> wrote:

anupam tyagi

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Apr 24, 2012, 12:05:50 AM4/24/12
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Hi ,
 
I got the amount that has to be deposited for furnsihed material . Did you guys got the breakup. Is it the Hauzkhas branch , shahapur Jat that we have to deposit the amount . Do the bank give any reciept etc after the payment of the amount .
 
Thanks
Anupam

ABHIMANYU BHATIA

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Apr 24, 2012, 7:46:16 AM4/24/12
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Hello Jamil,

Congrats , could you please share with me as to what is written in the
letter which you received for execution of cd.

When is the date when you have to go for execution.

Can you provide with your contact no.

I have taken possesion of my flat in Rohini and submitted the same for
execution of CD but i haven't heard anything DDA and have not received
any letter from them.

Jamil waiting for your reply.

It would be handy if you provide the soft copy of the letter received
and the documents which we need to carry on the date of execution.

Regards
Abhimanyu Bhatia

dilip mukerjee

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Apr 24, 2012, 8:00:00 AM4/24/12
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Dear,

You will get receipt of every payment made by you, keep one copy of receipt with you for all future transaction and evidence.

Thanks,

Dilip Mukerjee

Abhinav Girdhar

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Apr 30, 2012, 5:33:13 AM4/30/12
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Hi Jasmine,
My query is the same as you had earlier posted. I have my spouse name
in the conveyance deed but not against the Jt Nm coloumn. I get the
conveyance deed stamped. will this be considered as jooint property of
both husband and wife or only of the original allotte.

Thanks.

Regards
Abhinav Girdhar

RAJAT SARIN

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Apr 30, 2012, 5:49:38 AM4/30/12
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The property should be in your name Abhinav ..However spouse name is
requried to be on the CD as the spouse is also not eligible to apply
for any DDA scheme in future ..and thus for record her name is also to
be added
--
Regards,
Rajat Sarin

Anil Vohra

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Apr 30, 2012, 5:57:32 AM4/30/12
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Hi

I have following queries regarding conveyance. Request someone who has been through the process to confirm whether:
1. Original Demand letters will be required for conveyance deed process
2. Whether 3 copies of Conveyance deed should be typed or filled in by hand? and how to mention wife's name in conveyance deed (other than in spouse column) to make it a jointly owned property.

Regards
Anil

Pankaj Yadav

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Apr 30, 2012, 6:44:39 AM4/30/12
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1 Original DLs are not required for CD.
2. Yes you need to fill other 3 copies by hand, but fill only the fields as filled-in the CD# 1, because other fields and signatures will be done at the time of CD execution. You need to paste your wife's photo as well and mention her name in the spouse column. (But this will not change the allotee/owner, it'll still be you !)

regards
-Pankaj

Harmesh

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Apr 30, 2012, 7:02:52 AM4/30/12
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Hi All,
 
I have doubt regarding CD...My wife name is not included in spouse column as I was single at the time of filling forms..and now i am married..should i visit DDA office for the inclusion of the spouse name in CD..
Will it also helps in saving 1% on stamp duty..
 
Thanks,
Harmesh

Pankaj Yadav

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Apr 30, 2012, 7:17:33 AM4/30/12
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You can change the CD yourself and add your wife's name in the spouse column and paste her photograph ! That was the experience for some of the guys who went to DDA office to get some changes in the CD in oct/nov for LIGs (though not exactly this change). You may still like to cross-check, but that should be the case as per my understanding !

regards
-Pankaj

kishor k ram

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Apr 30, 2012, 8:28:39 AM4/30/12
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CLARIFICATION REGARDING JT NAME
 
Those who have applied jointly with spouse but in the DL nothing is mentioned against jt name but spouse name is given - such applicants like me had confusion as to  whether to add spouse name at the place of jt name or not
 
Today I visited DDA met dir(HIG) and asst Dir(HIG)
 
It is clarified that if spouse is co-applicant then nothing is mentioned against jt name but if the co-applicant is anybody other than spouse then only it will be mentioned and spouse name will also be mentioned if applicable.
 
 
 
In any case photograph of husband and wife have to be pasted in CD as per law even if spouse is not a co-applicant
 
Those who got married later on may approach DDA for inclusion of spouse name
 
kkr

Rohit Kumar

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Apr 30, 2012, 3:14:40 PM4/30/12
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I do not think it is correct. In my case, my wife has been allotted flat. My name is in Joint name as well as in spouse name column in CD even though my name was not mentioned in application form as Co-applicant. I mentioned my name only in spouse name while filling up the application..... My name is mentioned as joint name in Demand letter and in Cd as well.

I think there is no standard procedure followed here by DDA. So decide yourself if you want your spouse name to be included in joint name, it can easily be done by following procedure mentioned in DDA website (http://dda.org.in/assistance/housing.htm)

Thanks
Rohit

indian swiss

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Apr 30, 2012, 11:50:40 PM4/30/12
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As mentioned above , The property will be in the name of applicant
only , but spouse name is requried to be on the CD ...so in this case
there is no ownership of spouse on this property . Then why we are
paying 5% stamp duty instead of 6%.....I think by putting spouse name
on CD , by default she got ownership of property and therefore we are
paying 5% stamp duty.

Please correct me if my understanding is not correct.....

Rajender Wadhwa

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May 2, 2012, 6:01:23 AM5/2/12
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Hello Jamil,
 
I also got my possession letter. Could you please tell me what are steps and documents required for execution of Conveyance Deed.
 
Thanks!
 
Rajender

Ashu

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May 3, 2012, 8:07:38 AM5/3/12
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Rohit did you get clarification on the issue? I still am not clear
when wife name is in CD as spouse and blank under joint name. Should i
pay 5% stamp duty or 6%. Thanks

On May 1, 4:50 am, indian swiss <indian.sw...@gmail.com> wrote:
> As mentioned above , The property will be in the name of applicant
> only , but  spouse name is requried to be on the CD ...so in this case
> there is no ownership of spouse on this property . Then why we are
> paying 5% stamp duty instead of 6%.....I think by putting spouse name
> on CD , by default she got ownership of property and therefore we are
> paying 5% stamp duty.
>
> Please correct me if my understanding is not correct.....
>
> On 5/1/12, Rohit Kumar <rohit.de...@gmail.com> wrote:
>
>
>
> > I do not think it is correct. In my case, my wife has been allotted flat.
> > My name is in Joint name as well as in spouse name column in CD even though
> > my name was not mentioned in application form as Co-applicant. I mentioned
> > my name only in spouse name while filling up the application..... My name
> > is mentioned as joint name in Demand letter and in Cd as well.
>
> > I think there is no standard procedure followed here by DDA. So decide
> > yourself if you want your spouse name to be included in joint name, it can
> > easily be done by following procedure mentioned in DDA website (
> >http://dda.org.in/assistance/housing.htm)
>
> > Thanks
> > Rohit
>
> > On Mon, Apr 30, 2012 at 5:58 PM, kishor k ram <kishork...@gmail.com> wrote:
>
> >> CLARIFICATION REGARDING JT NAME
>
> >> Those who have applied jointly with spouse but in the DL nothing is
> >> mentioned against jt name but spouse name is given - such applicants like
> >> me had confusion as to  whether to add spouse name at the place of jt name
> >> or not
>
> >> Today I visited DDA met dir(HIG) and asst Dir(HIG)
>
> >> It is clarified that if spouse is co-applicant then nothing is mentioned
> >> against jt name but if the co-applicant is anybody other than spouse then
> >> only it will be mentioned and spouse name will also be mentioned if
> >> applicable.
>
> >> In any case photograph of husband and wife have to be pasted in CD as per
> >> law even if spouse is not a co-applicant
>
> >> Those who got married later on may approach DDA for inclusion of spouse
> >> name
>
> >> kkr
>
> >> On 30 April 2012 16:47, Pankaj Yadav <pankaj....@gmail.com> wrote:
>
> >>> You can change the CD yourself and add your wife's name in the spouse
> >>> column and paste her photograph ! That was the experience for some of the
> >>> guys who went to DDA office to get some changes in the CD in oct/nov for
> >>> LIGs (though not exactly this change). You may still like to cross-check,
> >>> but that should be the case as per my understanding !
>
> >>> regards
> >>> -Pankaj
>
> >>> On 30 April 2012 16:32, Harmesh <harmesh0...@gmail.com> wrote:
>
> >>>> Hi All,
>
> >>>> I have doubt regarding CD...My wife name is not included in spouse
> >>>> column as I was single at the time of filling forms..and now i am
> >>>> married..should i visit DDA office for the inclusion of the spouse name
> >>>> in
> >>>> CD..
> >>>> Will it also helps in saving 1% on stamp duty..
>
> >>>> Thanks,
> >>>> Harmesh
>
> >>>> On Monday, April 30, 2012 4:14:39 PM UTC+5:30, Pankaj Yadav wrote:
>
> >>>>> 1 Original DLs are not required for CD.
> >>>>> 2. Yes you need to fill other 3 copies by hand, but fill only the
> >>>>> fields as filled-in the CD# 1, because other fields and signatures will
> >>>>> be
> >>>>> done at the time of CD execution. You need to paste your wife's photo
> >>>>> as
> >>>>> well and mention her name in the spouse column. (But this will not
> >>>>> change
> >>>>> the allotee/owner, it'll still be you !)
>
> >>>>> regards
> >>>>> -Pankaj
>
> >>>>> On 30 April 2012 15:27, Anil Vohra <vohraa...@gmail.com> wrote:
>
> >>>>>> Hi
>
> >>>>>> I have following queries regarding conveyance. Request someone who has
> >>>>>> been through the process to confirm whether:
> >>>>>> 1. Original Demand letters will be required for conveyance deed
> >>>>>> process
> >>>>>> 2. Whether 3 copies of Conveyance deed should be typed or filled in by
> >>>>>> hand? and how to mention wife's name in conveyance deed (other than in
> >>>>>> spouse column) to make it a jointly owned property.
>
> >>>>>> Regards
> >>>>>> Anil
>
> >>>>>> On Mon, Apr 30, 2012 at 3:03 PM, Abhinav Girdhar <
> >>>>>> girdharabhi...@gmail.com> wrote:
>
> >>>>>>> Hi Jasmine,
> >>>>>>> My query is the same as you had earlier posted. I have my spouse name
> >>>>>>> in the conveyance deed but not against the Jt Nm coloumn. I get the
> >>>>>>> conveyance deed stamped. will this be considered as jooint property
> >>>>>>> of
> >>>>>>> both husband and wife or only of the original allotte.
>
> >>>>>>> Thanks.
>
> >>>>>>> Regards
> >>>>>>> Abhinav Girdhar- Hide quoted text -
>
> - Show quoted text -

PM

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May 3, 2012, 8:30:30 AM5/3/12
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You do not need to think how much you need to pay. All the payment
will be against a chalan form.

Just go to the Counter 6 in Vikas sadan (the process is very well
elaborated, step by step).
You will get a challan that will indicate how much you need to pay.
Most likely you it would 5% + 25 rupess...
> > - Show quoted text -- Hide quoted text -

Ashu

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May 3, 2012, 11:03:34 AM5/3/12
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Thanks for your quick response very helpful.

I wont be going to the counter myself as i am out of Delhi. Instead my
parents would go there so i need to give them a signed cheque amoutn
before so do you think i can give cheque amount of 5% and the rest Rs
25 you mentioned can be paid in cash by them there?

Thanks

Sandeep Kumar

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May 3, 2012, 11:38:00 AM5/3/12
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Just sign it and cross it for A/C payee, don't fill in the amount. Ask
your parents to fill the amount given on challan.

Regards

ANKIT KHANDELWAL

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May 5, 2012, 2:16:11 AM5/5/12
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Can anybody tell me address of sbi home loan branch in cp ??

Sachin

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May 6, 2012, 3:01:03 PM5/6/12
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Could anyone tell me what to fill at following blank space in
Conveyance Deed (in fourth paragraph)

.........................................................................................................................................
NOW THIS INDENTURE WITNESSES THAT in consideration of the sum of Rs
******* Rupees <in_words> paid at the time of allotment and
Rs ............................ paid before execution
.........................................................................................................................................

What amount it is referring - original Form amount (1.5 Lac) or the
Stamping amount? Please confirm.

Thanks,

On May 4, 11:16 pm, ANKIT KHANDELWAL <ankitkhandelwal1...@gmail.com>
wrote:

Sachin

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May 6, 2012, 3:16:34 PM5/6/12
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One more thing Conveyance Deed (page 2) is not to be signed by allotee
at the stage, right? I guess it should be signed when CD is executed
after possession. Please let me know.

sachin jain

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May 6, 2012, 9:40:42 PM5/6/12
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Hi,
yeah it is true that page 2 will be completed later stage.


cheers
Sachin Jain
Research Engr

Sachin

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May 7, 2012, 8:56:17 PM5/7/12
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What should we do at following blank space in Page 1 of CD

.........................................................................................................................................
NOW THIS INDENTURE WITNESSES THAT in consideration of the sum of Rs
******* Rupees <in_words> paid at the time of allotment and
Rs ............................ paid before execution
.........................................................................................................................................

What amount it is referring - original Form amount (1.5 Lac) or the
Stamping amount at ***** paid before execution?

Gaurav

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May 8, 2012, 2:39:40 AM5/8/12
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Hi guys, i have a query regarding registry charges.
1. Do we need to pay 1% registry charges at the time of CD or at a
later stage.
2. Is registry charges 1% of CD amount or total flat cost.


Thanks

On May 8, 5:56 am, Sachin <sac.g...@gmail.com> wrote:
> What should we do at following blank space in Page 1 of CD
>
> ........................................................................... ..............................................................
> NOW THIS INDENTURE WITNESSES THAT in consideration of the sum of Rs******* Rupees <in_words> paid at the time of allotment and
> Rs ............................ paid before execution
> ........................................................................... ..............................................................
>
> What amount it is referring - original Form amount (1.5 Lac) or the
> Stamping amount at ***** paid before execution?
>
> On May 6, 6:40 pm, sachin jain <frnd4ever.n...@gmail.com> wrote:
>
>
>
>
>
>
>
> > Hi,
> > yeah it is true that page 2 will be completed later stage.
>
> > cheers
> > Sachin Jain
> > Research Engr
>
> > On Mon, May 7, 2012 at 12:46 AM, Sachin <sac.g...@gmail.com> wrote:
> > > One more thing Conveyance Deed (page 2) is not to be signed by allotee
> > > at the stage, right? I guess it should be signed when CD is executed
> > > after possession. Please let me know.
>
> > > On May 6, 12:01 pm, Sachin <sac.g...@gmail.com> wrote:
> > > > Could anyone tell me what to fill at following blank space in
> > > > Conveyance Deed (in fourth paragraph)
>
> > > ........................................................................... ..............................................................
> > > > NOW THIS INDENTURE WITNESSES THAT in consideration of the sum of Rs
> > > > ******* Rupees <in_words> paid at the time of allotment and
> > > > Rs ............................ paid before execution
>
> > > ........................................................................... ..............................................................
>
> ...
>
> read more »

mrinal gogoi

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May 9, 2012, 2:21:34 AM5/9/12
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SBI home loan branch is in Parliament street, CP
Message has been deleted

Amit

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Oct 12, 2012, 3:32:59 AM10/12/12
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I am just finished with CD execution and have also obtained executed CD.  Please bear the following points in mind:

 
1. Reach DDA office well before 11 and identify the DDA babus, who deal with your file.  Also, the non-sale affidavit and no loan undertaking should be issued on the day of execution of CD.  Please carry photocopies of all the documents listed in DDA letter (whereby CD execution date has been given to you)
2. Carry all originals relating to your flat (DL, TR-6 Challan, allotment letter, Payment Challan issued by Bank, etc.)
3. DDA officials usually ask for receipt of water connection security deposit.  Therefore, it is advisable to deposit water connection security through the slip provided by site JE and carry the receipt with a photocopy on the day of CD execution.  If you have obtained Electricity connection, take its receipts, bills ,etc, with you also.
4. Please remember that the CD once executed has to be registered with the Sub-Registrar office which is just behind SBI Branch in Vikas Sadan.  It is advisable that you complete both CD execution with DDA and registration with Sub-Registrar on the same day.  For this,
 
(a) you must get a Demand Draft of an amount that is 1% of disposal cost as mentioned in CD plus Rs. 100/-.  Therefore, if the cost mentioned in your CD is Rs. 6570500/-, you must get a DD of Rs. 65705+100, i.e. 65805.  However, it would be advisable to add another Rs. 50/- to this to avoid rejection on ground of any rounding off of amount of cost or registration charges.  You can also consult the documents writers in shops in Vikas Sadan.  It is advisable that you visit them one day before CD execution, place your order for affidavit and undertakings (which he must prepare with date which is the CD execution date) and consult about DD amount.
(b) Take your witnesses to Sub-Registrar Office along with their IDs and photocopies.  These witnesses should be the same who were taken to DDA office for CD execution.
(c) Fill up Registration Proforma and attach two legal size blank sheets.  The Proforma and blank sheets are available with the people who do photocopy around document writers' shops in Vikas Sadan for Rs.5 or 6.
(d) Get one Undertaking on Rs. 10 Stamp Paper regarding DD of Registration Amount stating that if your DD is not honoured, the registration of your CD will be cancelled. 
(e) make bunch of papers which includes Registration Proforma on top followed by two copies of executed CD; copies IDs of allottee(s) and witnesses; copies of DL, allotment letter, TR-6 Challan, Possession Slip issued by JE.  Give all these at counter No.1 in Sub-Registrar Office.  The Officer at the counter will ask allottee(s) and witnesses to appear before him at the window, check the documents and pass the documents to next window.  There, the allottee(s) and witnesses will put their finger prints on blank white sheets.  Thereafter, a token will be issued to allottee.  On his turn, the allottee and witnesses will appear at window for photographs.  After photograph, a receipt will be issued which will have date of delivery of CD.  On this day, registered CD will be delivered to allottee.
 
 

Sonalika Prasad

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Oct 12, 2012, 3:51:13 AM10/12/12
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Many many thanks for yur very useful information, I was just wondering what should be done but your summary made everything so clear.

Vikas Gupta

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Oct 12, 2012, 4:04:29 AM10/12/12
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thanx for great information
--
take care
VIKAS GUPTA
9350808341

Naveen Kumar

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Oct 12, 2012, 4:16:45 AM10/12/12
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Great work Amit
--
Cheers
Naveen Kumar

Harjeet

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Oct 12, 2012, 10:12:32 AM10/12/12
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Thanks Amit for the details.

1. Did you get the registered CD on the same day?
2. Did  they need water slip issued by JE or water security deposit receipt is sufficient?
3. Did they ask for the address proof of wife?
4. How much time the whole process took?

regards,
Harjeet

sachin jain

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Oct 12, 2012, 10:32:45 AM10/12/12
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congratulations and thanks buddy ... :)

cheers

Sachin Jain
Research Engr



bhavesh swami

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Oct 12, 2012, 4:56:36 AM10/12/12
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Hi Amit,

Thanks for taking that much pain to put things across.

Regards
Bhavesh



On Fri, Oct 12, 2012 at 1:46 PM, Naveen Kumar <naveenku...@gmail.com> wrote:

Sunil

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Apr 13, 2013, 3:47:47 PM4/13/13
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Hi,

just wanted to find out if someone could help out.

We have this flat in Dwarka Sec 18B - i guess it was in 2007.

All amts for conversion, etc., were paid...but the CD was not executed due to whatever reasons.

Now, the flat was on a loan from GE Money - which has subsequently been sold to Magna Fincorp.

What I wish to ask is:

1. how do we get the conveyance deed made?
2. Is it mandatory for Magna to be involved in this process?

Magna is not interested and GE was such a lousy lot to deal with.

Please see in case there is a way out?

We need the conveyance deed to be executed asap.

Would be grateful for some sound advice.

Thanks 

Sunil


rakesh kumar

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Apr 14, 2013, 3:57:14 AM4/14/13
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Firstly are the original docs with u only like alootment lettr. . Stamp duty docs..tr6.. Etc if yes then u dont need to involve bank or any body else..  if these are with bank then u need  noc stating the same are in custody of bank or ge money... One of the two criteria needs to be fullfilled..

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Sandeep Kumar

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Apr 14, 2013, 4:31:07 AM4/14/13
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Short answer, if you had intimated to DDA earlier that you have taken
loan for your property, you have to have NOC or lending institution
representative for CD execution. If you had not informed DDA earlier
that you had taken any loan than submit an affidavit that you had not
taken any loan and self paid the whole amount and in this case DDA
will ask for all the original documents so you should have those with
you.

Otherwise request GE Money/Magna to give NOC as there is no other
option.

Regards
Sandeep

Manu

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Apr 14, 2013, 11:47:04 AM4/14/13
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Can anyone sms me some agent's no for CD execution.

Manu
9818561555

rakesh kumar

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Apr 14, 2013, 12:48:34 PM4/14/13
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Yogesh 8860294991 @conv deed 1500.. Reg@ 500

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