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AKS   04 November 2018

Housing Society charged transfer fee more than 25k

I purchased property in Pune in 2017. Society charged 1.22lacs as transfer fees.
After getting NoC , I asked to refund excess amount with interest as they cannot ask for more than rs 25000.
After more than a year, society is ready to refund but not ready to pay interest let me know how law supports to recover amount with interest ?

Let me know how law support


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 3 Replies

Kishor Mehta (CEO)     05 November 2018

It will be prudent to accept the refund of excess amount of transfer charges paid, for interests you have to take legal recourse, which may be lengthy and may prove unproductive.

P. Venu (Advocate)     05 November 2018

Yes, it is prudent to take the refund and close the chapter.

SHIRISH PAWAR, 7738990900 (Advocate)     06 November 2018

You may recover the excess amount with interest however as adviced above take the refund and close the chapter.


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