Jags is correct it is confusing for those dealing with a transfer or purchasing and understanding the term profit

The profit is the amount of money above the original developer price ( property for example may have already changed hands several times and no construction commenced, a common transaction and how many have made good returns)

To make it easy for a buyer ( if your the seller) state the total price which includes transfer and agents commission etc. An annoying practice here is that price quoted will not include additional fees that will materialize out of the desert.

As has been written by another moderator on this site the practice of applying a 2 percent transfer fee is viewed by RERA as unlawful

The reality is that if you do not pay the transfer fee then the developer will come up with many excuses why your property can not be transfer.

Many developers buying back properties these days and in some cases it is easier to sell back to developer and you avoid the hassle of the 2 % charge and also the hassle of dealing with a Buyer who will try and screw you down to the last cent or Fill or penny.