2/3/2025, 4:15:04 pm

Gujarat government caps transfer fees at Rs 1 lakh for housing societies

Gujarat has capped transfer fees for housing societies at 0.5% of the property value or Rs 1 lakh, whichever is lower, and banned additional charges like development fees. This reform, under the Gujarat Co-operative Societies (Amendment) Bill, 2024, aims to prevent arbitrary levies and has been welcomed by experts and homebuyers as a step toward transparency.