UP RERA caps flat transfer fee at ₹1,000 for legal heirs

Giving much relief to flatowners in Uttar Pradesh, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has capped the maximum fee of ₹1,000 for transfer of flats to legal heirs in case of death of the original allottee.

On Tuesday,UP RERA Chairman Sanjay Bhoosreddy said project developers will now quickly transfer the flat by default to the legal heir of the deceased allottee on payment of a nominal fee of ₹1,000.

Speaking on the completion of the UP RERA’s 10 years, Bhoosreddy said that the authority had in been in receipt of several complaints wherein developers allegedly charged arbitrary fees—sometimes on a per square feet basis—for such transfers, said a PTI report.

“In some cases, charges ranged from Rs 200 to Rs 1,000 per square foot, taking the total amount to Rs 25–30 lakh. This is unjustified, especially when the allottee has already paid the full cost of the flat,” he added.

Now considering all these complaints, he pointed out that the, Regulation 47, concerning administrative and standard fees, has been revised to regulate charges levied by promoters in cases of succession or transfer of allotment.

As per the revised provision, transfer of flats to legal heirs within blood relations will attract a maximum processing fee of Rs 1,000. The legal heir will be required to submit documents such as the death certificate, succession certificate issued by a competent authority and no-objection certificates from other legal heirs.

For transfer of flats to persons outside the family, the promoter can charge a maximum fee of Rs 25,000, the chairman said, adding that no fresh sale deed or lease agreement will be executed in such cases.

Officials said the move is aimed at curbing unfair practices by builders and ensuring a transparent, standardised process for transfer of property rights after the death of an allottee.

In addition, the chairman also pointed at the steady growth in the real estate sector in the state.

(With inputs from PTI)