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developement charges

Q: Hi,
I am planning to buy flat and that apartment was ready/possession in 2012 and builder still has one flat vacant yet and he is asking for development charges on that flat ?
Will development charges applicable in this case ?

Thanks,
Bharat
Replies (2)
1
Good Evening Bharat...If you are buying a ready to occupy flat, in case the builder has developed the project to 100% & obtained the occupancy certificate for the same before selling it to you. So it indicates that it’s a product being sold. There is no service component involved in this and hence you don’t have to pay any service charges or development charges for it.
Jerome Fernandez


2
Hi Bharat!!
No, you will not have to pay any charges for a ready-to-move apartment because you are buying flat not his services. You have to pay only if you buy a under construction flat.
Manilal Patel


3

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