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Quresh Taiyebi (Service)     20 August 2009

Premium Amounts in Co-op. Housing Soc.

Hi all respected experts,

 

Is it mandatory for the co-op. housing societies in Maharashtra to get the maximum amount of Rs. 25,000/-, towards the premium that can be collected against transfer of a flat in society within the municipal corporation areas, approved in the General Body Meeting? If no such resolution is passed, can a transferor of a property refuse to pay such amount on above grounds and just by paying Rs.500/- as transfer fee and Rs.100/- as entrance fee can still get the NOC from the society for housing loans purposes?

 

Your guidance will be highly appreciated.



Learning

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