Can a society charge Transfer fees above Rs.25000/- by passing a resolution in a board meeting ?
Recently my society was formed after being taken over from a builder & decided on Transfer fees of Rs.200/sq.ft in a Society meeting. Since, my prop. is big, the transfer amount comes to 20lacs. So do I have to pay only Rs.25000 as per society bye-laws or I have to pay 20lacs? Also, what action can I take in this situation?