Transfer fee on re sale of apartment

siddhartha (Querist) 25 August 2016 This query is : Resolved
dear sir
kindly tell about the transfer fee charges by the builder is leagle,like i purchased a flat in resale ,at the time of allotment to first allotee transfer fee was only 50,000/- rs as per sell agreement ,now suddenly builder enhance it from that to 500/- rs psf.this was written in agreement that it is adminstration cost . can builder do so,kindly suggest the legal way out.
thanks
siddhartha

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cherukuri prasad (Expert) 27 August 2016
It is illegal

Raj Kumar Makkad (Expert) 28 August 2016
The charges are highly illegal and exorbitant. Move a RTI application before the local registrar of co-operative societies and get enquired the actual transfer charges to be recovered by builder in such transfer and take action accordingly.