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Property related -  co-operative society in Mumbai Property related - co-operative society in Mumbai

2 years ago

A co-operative society in Mumbai claims that they charge Rs 25,000 as Premium Transfer fee PLUS a donation fee of Rs 10,000 PLUS a transfer fee of Rs 600 for providing documents to process the Gift Deed from a father to his son . Is this legal and a correct process to be followed .

Anik

Responded 2 years ago

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A.Dear Client,
1% of the property's market value + Rs 500 + Rs 1500 for filing and postage fees. Mumbai. Rs 200 for donee having family and Rs 30,000 or 1% of the property's market value for non-family member donee.

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