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chaman srivastava 25 February 2021 at 19:52

Society noc for selling

Hi,

I am planning to sell my property which I bought 5 years ago. Total landing cost of my flat was 42,50,000 (base cost 38,50,000). I am now selling my flat in 40,00,000. My society is asking me to pay 25,000 to issue the NOC.

As per what I have read about it, 2.5% of the (selling price - base cost price) should be charged with a cap of 25,000 as maximum.

Please suggest what should I do if they force me to still pay 25,000

Thanks

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chaman srivastava 25 February 2021 at 19:48

Society formation charges

Hi,

I bought an 2000 sqft NA plot in a gated community spanning over 33 acres. There are amenities being provided by the builder/promoter of the said land. They will be starting to ask for maintenance charges for 1 year at 1rs /sqft once all the work is done from their side( as per RERA, scheduled to be completed by June 2021).

They are also asking us to pay 35000 rs as a charge from all the plot owners to form a society after a period of 1 year (most likely by June 2022) once the maintenance period is over.
There are a total of 400 plots, which means builder would be collecting around 1.4 cr from us in the name of society formation charges. Is this legal to ask this much amount for the formation of society? If no, what are the actual charges for this?

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