Gujarat govt caps housing society transfer fees at Rs 1 lakh to curb arbitrary charges

Gujarat govt caps housing society transfer fees at Rs 1 lakh to curb arbitrary charges

Gandhinagar, March 3 (IANS) In a reform impacting more than 30,000 housing and housing service societies across Gujarat, the state government on Monday introduced a legal cap on transfer fees charged during property transactions. Under the newly amended Cooperative Act of 2024, societies cannot charge more than 0.5 per cent of the total consideration amount, … Read more

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