Q:Hi,I am planning to buy flat and that apartment was ready/possession in 2012 and builder still has one flat vacant yet and he is asking for development charges on that flat ?Will development charges applicable in this case ?Thanks,Bharat
Latest Answer: Good Evening Bharat...If you are buying a ready to occupy flat, in case the builder has developed the project to 100% & obtained the occupancy certificate for the same before selling it to you. So it indicates that it’s a product being sold. There is no service component involved in this and hence you don’t have to pay any service charges or development charges for it.
