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Q.

Transfer Process of SRA Flat from Mother to Son's name?

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11 months

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The transfer of SRA (Slum Rehabilitation Authority) flats in Mumbai involves specific rules and procedures. Here’s what you need to know:

  1. Lock-in Period: Beneficiaries of SRA flats cannot purchase or sell the flat for ten years from the date of receiving the possession letter. During this lock-in period, no transfer is allowed.

  2. SRA Transfer Process:

    • Obtain a No-Objection Certificate (NOC) from the SRA.

    • Register the sale deed at the Sub-Registrar of Assurances’ office.

    • Submit the stamped sale deed, application form, and SRA NOC to the SRA.

    • The SRA issues NOCs for the buyer, seller, and housing society.

    • Submit the documents to the housing society and pay any applicable transfer fees.

    • The share certificate is stamped, making the buyer a member of the housing society and the SRA flat owner.

  3. Risk Considerations: While buying an SRA flat can be a profitable housing option, be aware that some units may be illegally occupied. Ensure proper due diligence before proceeding with the transfer.

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