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Janak Devani (Govt. Service)     17 February 2016

Transfer fee

Dear all experts,

I want to know the maximum transfer fee while selling flat to other in society registered under co-operative housing services private limited. is it mandetory to take NOC from society.



 2 Replies

weettute (sd)     20 February 2016

Eventhough it is not mandatory to seek NOC from a cooperative society for selling a flat, the payment of transfer fee entrance fee which is Rs. 500/ per transfer and Rs 100/ per member is mandatory. In addtion the Cooperative housing societies in Maharashtra are allowed to charge tranfer premium on every tranfer to a person outside the definition of family. The transfer premium has a ceiling of Rs. 25000/ per tansfer.

Janak Devani (Govt. Service)     20 February 2016

Thanks sir for giving proper reply... I also wanted to know these rules for gujarat state.

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