Legal Question in Real Estate Law in India
Hi,
I have bought a new flat in a redevelopment project. There are around 14 old members and 10 new members.The locality is Andheri West. The society charging new members a lumpsum of 25,000 as transfer fees. Is this legal?
Asked on 1/17/12, 3:30 am
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Yes. Society may charge upto 25000/-.
Answered on 5/26/12, 9:40 pm
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