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Amit (SQA)     26 December 2013

Transfer charges by the builder

My Agreement with builder says:

'

in case of transfer / endorsement / assignment / change in name of provisional allotment of unit, a processing fee at the rate of 1% of the total sale value(including Basic Sale Price & other charges as payable under this agreement) shall be charged by the Company and shall be payable by such applicant to the Company at the submitting application for such transfer /endorsement / / assignment / / change in name etc. However first transfer after receipt of 30% Basic Sale price and / or inclusion of name of spouse as co-applicant shall be free of any charges."

 

However the builder is charging the transfer charges of Rs 150 psf.. When he was told about the agreement he says these are policies which keeps on changing and has nothing to do with agreement. what can i do here?



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