GURUGRAM: The exorbitant administrative fees levied on homebuyers through developers on the time of executing conveyance deed (registry) is under the scanner of division of the town and country making plans (DTCP).
Some of the developers are reportedly charging buyers 1-1.Five% of the full price of an unit as administrative charges. For flats of Rs 1 crore, developers ask buyers to pay Rs 1-1.Five lakh, which is in addition to the Five-7% stamp responsibility paid through buyers for execution of conveyance deed.
"Across Haryana, the maximum fee for registration is around Rs 15,000. Any excess amount can't be justified," said a district administration legit.
After repeated proceedings through homebuyers about unrealistic administrative fees, the deputy commissioner (DC) has now directed the district the town planner to investigate the matter.
Issues related to prime administrative fees had been additionally raised in the allottee criticism redressal forum (AGRF) in October, chaired through DC Vinay Pratap Singh.
Singh had seen that choice of administrative fees through developers, and that too on the rate of 1-1.Five% of the rental's price, used to be unreasonable and on the upper aspect. Questions had been additionally raised concerning the observe of registering flats best through the workplace of the developer.
Gurgaon district the town planner (DTP) R S Batth is now looking into the problem of prime administrative fees levied through developers. "I had a meeting with prominent developers in the city over this issue and directed them to submit a detailed breakup of charges being levied on buyers, so that these can be studied," said Batth.
Manoj Saini, who has booked a flat in Sector 84, said for registry of assets, developers are not easy 1-1.Five% of the price of an unit as administrative fees. "This runs into lakhs, and people are unable to understand the logic behind such high fees," said Saini, including that their request, that they be allowed to register assets on their own (without availing carrier equipped through the developer), has didn't get any response.
"We had bought flats from the builder and it's their responsibility to execute the conveyance deed (registry). Buyers have already paid the price of the unit and will also pay stamp duty. So there should be no need to pay these huge additional fees," said Sayandeb Bose, a homebuyer.
Some of the developers are reportedly charging buyers 1-1.Five% of the full price of an unit as administrative charges. For flats of Rs 1 crore, developers ask buyers to pay Rs 1-1.Five lakh, which is in addition to the Five-7% stamp responsibility paid through buyers for execution of conveyance deed.
"Across Haryana, the maximum fee for registration is around Rs 15,000. Any excess amount can't be justified," said a district administration legit.
After repeated proceedings through homebuyers about unrealistic administrative fees, the deputy commissioner (DC) has now directed the district the town planner to investigate the matter.
Issues related to prime administrative fees had been additionally raised in the allottee criticism redressal forum (AGRF) in October, chaired through DC Vinay Pratap Singh.
Singh had seen that choice of administrative fees through developers, and that too on the rate of 1-1.Five% of the rental's price, used to be unreasonable and on the upper aspect. Questions had been additionally raised concerning the observe of registering flats best through the workplace of the developer.
Gurgaon district the town planner (DTP) R S Batth is now looking into the problem of prime administrative fees levied through developers. "I had a meeting with prominent developers in the city over this issue and directed them to submit a detailed breakup of charges being levied on buyers, so that these can be studied," said Batth.
Manoj Saini, who has booked a flat in Sector 84, said for registry of assets, developers are not easy 1-1.Five% of the price of an unit as administrative fees. "This runs into lakhs, and people are unable to understand the logic behind such high fees," said Saini, including that their request, that they be allowed to register assets on their own (without availing carrier equipped through the developer), has didn't get any response.
"We had bought flats from the builder and it's their responsibility to execute the conveyance deed (registry). Buyers have already paid the price of the unit and will also pay stamp duty. So there should be no need to pay these huge additional fees," said Sayandeb Bose, a homebuyer.
Builders who charge high registry fee on govt radar
![Builders who charge high registry fee on govt radar]()
Reviewed by Kailash
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November 27, 2017
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