Respected Sir/ Madam,
Society formed in Jan-22, Builder not yet done conveyance deed.
in the situation, want to sale flat then who will give NOC.
New formed Society or Builder?
Is any transfer charges involve and who will demand transfer
charges
Please guide me on above query.
If the Society has been formed then Co-Operative Society is authorised to give NOC for sale of flat. The society can collect transfer charges at 2.5% of the difference between the book value of the flat and the price realised by the transferor on the transfer of the flat, or a maximum of Rs 25,000, whichever is lesser.
Transfer charges has to be paid to the Co-operative Society.
