Legal Question in Real Estate Law in India

Charges for NOC letter from builder

Hi

I need to urgently sell a flat that I bought in 2006 and have a buyer. Since the builder hasnt yet registered the society, I needed to approach him for an NOC. He says, I will have to pay him Rs. 50,000 for that.

A relative of mine who has studied law told me that even a society can only charge 0.5% of the sale price upto a max of Rs. 25000 and a builder has no right to charge any fees. Is that right ?

Kindly advise.

BTW, I am selling the flat for Rs. 17,00,000. The flat is in Pune, Maharashtra, India.

Thanks


Asked on 6/05/09, 2:46 pm

3 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Charges for NOC letter from builder

You may contact/engage an Advocate who may be well versed about the local laws of your area/State.

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Answered on 6/05/09, 4:04 pm
Shrichand Nahar S.V.Nahar, Advocate

Re: Charges for NOC letter from builder

Your relative is right.

Builder can not charge any transfer charges.

In fact, demand of any money by builder apart from what has been stated in the agreement is an offence.

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Answered on 6/06/09, 1:28 am
RAMAN KUMAR BHARDWAJ R.K. BHARDWAJ & ASSOCIATES

Re: Charges for NOC letter from builder

yes, the builder has no right to charge any thing extra

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Answered on 6/06/09, 10:42 am


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