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Is there any cost towards society membership - Redevelopment Project

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Is there any cost towards society membership - Redevelopment Project

Last updated: September 5 2020
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  • Is there any cost towards society membership - Redevelopment Project

    Dear All,

    I have bought a small flat in Pune in a redevelopment project. The building is now complete and ready for posession. The builder said that I will have to pay a sum of around 60000 to the society calculated as total sellable area of flat * 100 Rs/feet towards formation and membership of society.

    They say that since this is redevelopment the society is already there. they will make me a member. I don't know much about rules but just wondering if this such payment is a normal procedure.

    All I know is this is not maintenance charge.

    Any inputs would be great. Thanks in advance.
    Last edited September 5 2020, 06:51 AM. Reason: Typos
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