Dear realtors,
I would like to know that who should pay the development charges of prism and ivy plots.
As dha has issued schedule of development charges, first due installment of ivy is on 15 jan (i guess) while installment of prism is due on 15 jan 2016. So the buyers purchasing the plots in dec 2015 should pay the first installment or the buyer should force the seller to pay the first installment and then the rest of installments shall be borne by the purchaser himself.
What is the rule of the market and what have been done in previous phases?
And in terms of principle, should dha play any role in that or not?
Regards,
Ishtiyaque aziz
The rule is mutual agreement and it does not matter since the total price of the plot stays the same.
For example, if you want the seller to pay XYZ lakh as development charges then on day of sale -> you pay them PLOT PRICE + XYZ.
If you want to pay the development charges yourself then on the day of sale -> you pay them only the PLOT PRICE.
At the end of the day it does not matter who pays it.
The only thing you have to be careful is that it is paid and paid before transfer is done.
When buying a plot: Ask the price of the plot and how mach development charges are included in the price (and have they paid those development charges or not / do they have a receipt for it).
For example:
Plot X in Prism 9 has a total price tag of 50 lakh and when you ask seller they tell you that they have paid 10 lakh development charges. So you buy the plot for 50 lakh (after confirmation that 10 lakh development charges have been paid).
Whereas, when you see plot Y in Prism 9 which has a total price tag of 40 lakh and the seller has not paid any development charges. So in this case, you buy the plot and pay development charges yourself.
Also, any outstanding development charges have to be cleared before the transfer could be done (This is DHA rule).
Therefore, sometime seller may ask you k
"bahi jan plot X k liye 45 lakh k draft meray nam per bana dein because 40 lakh plot price + 5 lakh development charges aur 5 lakh ka draft DHA k nam per bana dein jo transfer say pehlay DHA mein jama ho ga before transfer. So this way you are paying 50 lakh in total for this plot).
Sometimes this can be tricky because if you pay development charges before transfer and the seller backs-off and do not want to sell the plot then your money is gone and v v v hard to recover. So the safe option is to always ask seller to clear the dues and then you can pay the seller direct instead of paying some amount to DHA before transfer.
DHA will not play any role in terms of payment.
They are not concerned with the amount the buyer pays or so.
They only thing they are concerned about is their fee.
So if (Allah na kare) you have a dispute -> DHA will simply say go to court and bring court orders. They would not take part in any money matters.
Hope it makes sense.