NOC
Builders cannot charge Transfer fees
Real estate in India has been criticized for the lack of transparency and the unfair advantages exercised by big builders. One of the major hurdles faced by apartment owners in India is that whenever they want to sell any flat owned by them, they are asked by the builder to pay a transfer fee before […]
Handover from builder and Corpus fund for Apartment maintenance
The apartment owners association plays a vital role in maintaining the apartment and its amenities. But before the formation of apartment owners association, it is the duty of the builder to maintain the apartment and its amenities. Most developers provide a corpus fund for the maintenance of the apartment and its amenities. The builder collects […]
