Collection of ‘transfer fee’ on resale of flats: Madras High Court stays single judge’s order
A Division Bench of the Madras High Court has stayed an order passed by a single judge who had prevented an apartment owners’ welfare association from demanding a ‘transfer fee’ of ₹50 per square foot or 1% of the sale consideration (whichever was higher) during every resale of a flat on its premises.
28 Sep 07:41 · The Hindu