Dy. Registrar Of Co-Op Societies, Vasai — Society transfer charges: exceeding 2.5% of difference between book value and realised value

Address:

B 101 1ST FLOOR MINAKSHI APTS OPP DONBOSCO CHURCH MANVELPADA ROAD VIRAR EAST

Dear Sir,
Good day
Requesting your help and support with the society transfer charges of 25000 compared to the 2.5 percent charge. As you are aware the byelaw states that transfer fee to be charged is transfer charges at 2.5% of the difference between the book value of the flat and the price realised by the transferor on the transfer of the flat which in my case is 11, 789. But the society is charging us 25000 irrespective of the difference.

please find below explanation:
As per 3rd party auditors & as authorised by the bank, the current GOVERNMENT rate falls @ 4153/ sq ft. (note: also verified by the registering authority)
Hence the total book value is : 970 Sq ft (as per agreement) x 4153 = 40, 28, 410 INR.
Agreement value paid to seller is 4500000/-
Difference between book value vs the price realised is (as per byelaw) : 4, 71, 590 (2.5 % society charge) hence the current society charges I presume should be 11, 789.75 /-

Appreciate your help and understanding in regard.
kindly advise if i have misinterpreted the bye law as per books.

thanks again sir
have an amazing day.