Deepa Suryanarayan
(Querist) 03 April 2017
This query is : Resolved
I want to know what is the transfer premium amount that needs to be paid to the society when one is selling the flat and when this amount has to be paid and by whom, by the transferor, transferee or both?
Hemant Agarwal
(Expert) 20 April 2017
1. Share Transfer Premium of Rs. 25000/- is payable on "Sale Transactions" by both the parties on 50:50 basis, atleast in Mumbai district.
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