Post registry of a flat, any transfer of a group housing flat invites transfer charges that need to be paid to the registrar office.
Transfer charge by default is 5 % of allotment rate for the plot. The allotment rate is different from circle rate. Allotment rate defines the rate at which authority allots the plot to the said beneficiary.
Below is a calculator through which you can find the transfer charges due for a private builder’s group housing flat:
Disclaimer: Although every care has been taken to ensure correctness, we are not responsible for any discrepancy in the above calculation. Readers are advised to crosscheck the same from other sources.
Comments/Feedback invited.Last updated: August 24, 2015 at 17:33 pm