Yes you can sell your off plan property before completion a process known as resale. However developers typically require a certain percentage of the payment plan to be cleared usually 30 percent to 40 percent before they issue a No Objection Certif…
Yes you can sell your off plan property before completion a process known as resale. However developers typically require a certain percentage of the payment plan to be cleared usually 30 percent to 40 percent before they issue a No Objection Certificate or NOC for the resale. You must check the specific terms in your Sale and Purchase Agreement. This allows investors to realize capital gains without waiting for the full handover if the market price has appreciated sufficiently.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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