How to Fight if Builder/Society demands TRANSFER FEE for Issuing NOC FOR SALE OF FLAT?

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VIDEO DESCRIPTION BY MR SANTOSH BHAT @MrBlackjack456
Main Idea:
The video discusses the issue of builders and societies demanding transfer fees or No Objection Certificates (NOCs) for the sale of flats, and how flat owners can fight against this illegal practice.
Detailed Summary:
- Builders and societies often create problems by demanding transfer fees or NOCs when flat owners want to sell their property.
- This practice is largely illegal, especially when the demanded amounts are excessive (e.g., 5 lakhs, 10 lakhs, or more).
- The Supreme Court has ruled that transfer fees should not exceed 25,000 rupees (though the speaker suggests this might be outdated and could now be around 50,000).
- Builders often demand these fees in cash, making the transaction illegal.
- The speaker advises flat owners to resist these demands through various means:
a. Corresponding with the builder/society via email to create a paper trail.
b. Recording conversations if possible.
c. Making videos describing the situation.
d. Involving tax authorities if cash transactions are involved.
- The speaker emphasizes that once a flat is fully paid for and possession is given, the builder has no right to demand transfer fees.
- For under-construction properties where the full payment hasn't been made, the situation is slightly different, but unreasonable demands can still be fought.
- The practice of demanding transfer fees is compared to outdated customs like sati or dowry, which need to be opposed.
Key Takeaways:
- Demanding excessive transfer fees or NOCs for flat sales is largely illegal.
- Flat owners have the right to sell their property without paying unreasonable fees.
- Documentation, correspondence, and the threat of public exposure can be effective tools against such demands.
- It's important to fight against this practice to stop its perpetuation.
- In some cases, involving authorities like the Income Tax department can be an effective strategy.
- Flat owners should be aware of their rights and be prepared to stand up against unfair practices by builders and societies.

[@MrBlackjack456]

Main Idea:
The video discusses the issue of builders and societies demanding transfer fees or No Objection Certificates (NOCs) for the sale of flats, and how flat owners can fight against this illegal practice.
Detailed Summary:
- Builders and societies often create problems by demanding transfer fees or NOCs when flat owners want to sell their property.
- This practice is largely illegal, especially when the demanded amounts are excessive (e.g., 5 lakhs, 10 lakhs, or more).
- The Supreme Court has ruled that transfer fees should not exceed 25,000 rupees (though the speaker suggests this might be outdated and could now be around 50,000).
- Builders often demand these fees in cash, making the transaction illegal.
- The speaker advises flat owners to resist these demands through various means:
a. Corresponding with the builder/society via email to create a paper trail.
b. Recording conversations if possible.
c. Making videos describing the situation and threatening to publish them.
d. Involving tax authorities if cash transactions are involved.
- The speaker emphasizes that once a flat is fully paid for and possession is given, the builder has no right to demand transfer fees.
- For under-construction properties where the full payment hasn't been made, the situation is slightly different, but unreasonable demands can still be fought.
- The practice of demanding transfer fees is compared to outdated customs like sati or dowry, which need to be opposed.
Key Takeaways:
- Demanding excessive transfer fees or NOCs for flat sales is largely illegal.
- Flat owners have the right to sell their property without paying unreasonable fees.
- Documentation, correspondence, and the threat of public exposure can be effective tools against such demands.
- It's important to fight against this practice to stop its perpetuation.
- In some cases, involving authorities like the Income Tax department can be an effective strategy.
- Flat owners should be aware of their rights and be prepared to stand up against unfair practices by builders and societies.

[@aap444]

Thank you for step wise procedure

[@rssiddharth3134]

Builders cheating and harassment to home buyers have direct connection with Govt.'s inability to control them..Govt. se builder powerful ho jaatahai , this is a shame indeed !!

[@sharemarketknowledge4444]

Good Krishnaraj ji
You are A person with Great Knowledge
A Fighter
Now I can See What is Difference between People of South and North India
South indians have Good Education and Knowledge
And
North Indians have Only Religion

[@mrinanshmomdad9807]

Sir, there are 21 people from thane who were cheated by an employee kept by the builder who did the bookings for him. The builder said its not my responsibility, the police said to settle it outside or else you wont get a single rupee if we do a case. now its been 2 years, no one has received a single rupee. Can you please help us. Now police is also not taking FIR

[@KapilKumar-gt4df]

Sir please send Supreme Court order for NOC maximum 25000.

[@anjukhandu]

I am Professor Shailendra Khandelwal.
I appreciate your actions.
Great

[@skj1967]

Is banks' asking for NOC not illegal? If the owner of a flat has possession, and provides recipts of all payments of the flat, society and other such payments including taxes, then...
काहे का NOC? Why should a bank ask for any NOC? Can the seller or buyer take the matter to court against the bank also?

[@sanjivchaudhary9960]

Sir u should have covered for Township Project where Builders is managing Common Area like Roads, Lights, Garden , Parking & Club house

[@sharemarketknowledge4444]

Pls sir we need more vedios on lawyers
Who are good lawyers
Bad Lawyers
What to look in lawyer before hiring him
Pls sir make one vedio

[@dipendragharat26]

Sir navi mumbai me cidco k ghr ki lottery anevali he kya cidco k ghr lena chaiya ya ne..plz make a video on this..bcoz aj isme bhi private log ghus gaye he and ye log ne prices bada diye he..

[@dipendragharat26]

Plzz make a video sir..we want your take on it

[@user-rp5cr5oy4w]

If someone wants to sell his flat before possession, in this case is there any difference about transfer fee.
Please clarify

[@pratikghatge]

Transfer fees is extortion

[@SoumyaRanjanPatro-bi2cv]

Hey i have seen a flat in vizag for 30 lakhs 2bhk 750 sq ft carpet area , im not looking for investment but for my parents to live there they are in 50 the flats have been completed this year i just need a place for them to stay , we have 30 lakhs should i buy a land and live in rent for 10 years then sell it and purchase a flat or should I buy this flat, any suggestions??

[@user-by8xp1mz8o]

Bhai thoda shave karo na hero lago ge 😊

[@zeppelin3969]

Shave karega to activist nahi lagega. Gareeb hai to lagna bhi chahiye gareeb hai aur bhookha hai to shareer se lagna bhi chahiye.😅😊😂

[@KrishnarajRaoUrbanNaxal]

Gareeb aur bhookha aur nanga bhi lagna chahiye 😂 So my next video should be without a shirt, and optionally, a torn banian 🤣

[@rssiddharth3134]

​@@zeppelin3969
this is typical mind set of brahminical social order, isliye yehaan bidhawa budhi Maa ko Brindavan mein chhod aatehain...😂😂😂

[@saienterprises1968]

Hi sir please muze ap se bat karna hain sir, muze bulider ne muze pussition 2 saal dene bad bhi builder muze intrest mangare hain kuch solution milega sir

[@user-by8xp1mz8o]

@@rssiddharth3134 you are Targeting a Specific Religion
You Have Hinduphobia Kindly Consult Doctor