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New rates for CIDCO transfer charges released

Cidco charges for transfer of every property via sale/purchase agreements. Find out everything you need to know.

Kindly note that CIDCO Transfer charges are still payable and land in Navi Mumbai is still Lease Hold Land. Do not believe fake news and fake politicians who have zero understanding of the law and something called Budget

After much delay from its set deadline of 1st April of every year, CIDCO finally released the new Transfer Charges for plots, shops and flats in Navi Mumbai region. These are valid on all properties bought or sold in Navi Mumbai. The rates usually go up 10% every year. They are calculated on the carpet area of the shop/flat and depend on the location. The Time taken to complete the procedure is stated as 20 days by CIDCO, but in reality it can take anywhere from 1 month to a couple of months due to the absolute chaos, total corruption and lack of systems prevailing in CIDCO offices.

Corruption

The corruption is so blatant that its running under the very nose of the so called ‘Vigilance Dept’ located on the 5th floor of the same building !! Any complaint to the officers is simply brushed aside or the complainant is made to do so much running around that he is forced to give up. The level of corruption going on in CIDCO has also led to murders of staff in the past. Even the harmless looking women sitting behind counters on the first floor in the estate department are corrupt to the core. Looks can be really deceptive. All are heavily involved in taking money and bribes to process your files. In such a situation it can be easily said that CIDCO is one of the most corrupt organisations in the country.

GST

In a new move, CIDCO has started charging 18% GST on All NOCs … which means every transfer/NOC will now cost thousands of rupees more This Circular was issued on 5th December 2017…and will also be sent to all who were issued NOCs after July 2017

For issuing Mortgage NOC, CIDCO charges Rs 500+18% GST as processing fees

We can provide our professional services to facilitate CIDCO Transfer Process for a nominal charge of Rs 14,000 (all inclusive).If you want a Mortgage NOC also, then the charge for both will be Rs 15,000 only.

However, if you only want the documentation work and preparation of various documents  by us, it will cost you Rs 3,000 and you will have to do all the submissions and follow-ups at CIDCO by yourselves. You can pay online and documents will be prepared and sent to you via courier in 2 working days. Even if your society conveyance is not done, it is advisable to get all the documents for CIDCO transfer signed and ready as the seller may not be traceable if and when the society manages to get the Conveyance done after a few years.
We only need a copy of your sale agreement/sale deed to process the documentation. You can mail a scanned copy or send it via courier.

Sky Properties Real Estate Agency

Address

Sky Properties, A-1, 7/2, Sneh Co-op Society, Plot no 16, Sector 19a, Nerul, Navi Mumbai 400706

Opening hours

Monday – Friday: 9am – 7pm
Saturday: 9am – 10pm

Contact us

9987452642
mayur@sky-properties.in


Mayur

Mayur is a real estate professional with more than 15 years of experience at all levels of the Real Estate trade in Navi Mumbai. When not involved in real estate, he is actively involved in social issues of the community where he lives. He can be reached on 9987452642

59 replies on “New rates for CIDCO transfer charges released”

Hi Sir,

I have purchase a flat in ulwe i have paid cidco transfer charges around 40k i am second owner i dont know the first owner have paid the fees or not when he have purchased should i have to pay this please assist

Trupti CHS is freehold private builder land in Nerul Sec 8, and done deemed conveyance 2 years ago.
Confirm weather each individual have to do the transfer process again now on….. having doubt on that.
Kindly guide us. If in case owners death who have 50% share alongwth his Son… Shall he required to transfer formalities from cidco…

No Property in Navi Mumbai is ‘Freehold’. Every property is Leasehold.
If owner has died, the son will need an heirship certificate from court (if there is no will which has been probated by court)
Without this, he cannot sell the property. He can get ‘caretaking’ rights if his father had signed a ‘nomination form’ with CIDCO and Society.
But he cant sell the property.
When deemed conveyance is done, the people who buy from builder are included in that list which CIDCO approves. This list is submitted by the society to CIDCO.
No need to do individual transfer.

i have purchased a flat in new panvel sector 10. i am the second owner of the flat.
the first owner has not yet done cidco transfer in his name.
also i have been informed that in new panvel Sector 10,11 and 12 cidco transfer procedure is on hold.
what should i do?
I have to get the share certificate transfered in my name. but until and unless this cidco transfer is done I will not be getting the share cerificate in my name.

If first owner has not done CIDCO Transfer, you will have to pay his cidco transfer charges also.
CIDCO cannot ‘hold’ any CIDCO transfer process in any area without any reason.
Find out the reason. The real reason.
Share Certificate has to be transferred to make the property completely yours.

Hi Mayur,
I have purchased a resale flat in kharghar in 2016. I have not done the cidco transfer till now. what is the process and how much it cost.

I have purchased a resale flat. how can i check if previous owner done the cidco transfer ?. it it required to me also cidco transfer.

i am a resident of nerul ,my society charges for NoC that i needed for my passport rectification ,they charged me 500 rs in Jan 2018 & now i need a Noc for some document purpose again they are charging me 500rs. i wanted to know is the society charging me a genuine amount & it’s as per rule to charge & they never give the reciept of the same.

Its illegal to charge Rs 500 for any NOC. There is no provision in society bye-laws for the same. Every charge by society is supposed to be backed by a receipt with society stamp and signatures of office bearers.

Hi..I have purchased new property in Karanjade, Panvel in Cidco Sector. I will be getting the possession of the flat very soon, however builder is asking me for cidco transfer fees of Rs.30000. Is Rs.3000 charges for a flat with 470sq.ft carpet area OK or its something fishy? The area of building is approx.1000 sq.ft. Kindly advice.

Hi,
I had purchased resale flat in kamothe in 2015. Now society is registered but conveyance deed is not yet done. I am yet to do cidco transfer on my name. Now I want to sell the flat. Want to know whether it is possible or I need to complete CIDCO transfer prior to it.

hi,
My father’s name in the cidco documents is different from the other documents like adhaar card,pan card etc ..(there’s a change in surname & a spelling mistake in name )….so can get to know what are the procedure to change the name in cidco documents.

If there is a change in name, then it has to be supported by a change via gazette notification (Govt process).After you get that, then you can apply for change in name (Rectification) to CIDCO.If its a genuine mistake (minor) then you can apply to make changes and CIDCO will issue a rectification letter.

Hi Sky Properties,
Please share the current (2018-19) Transfer charges details.
also specify the transfer charges if the plot is owned by the Cidco member & a non-cidco person is buying the flat.
Location: Seawoods
Status: under construction

Even i want to know the result of this news piece as it has been stated that CIDCO NOC will no longer be required to sell, assign, mortgage. Please clarify whether it has been put into action.

I have purchased a resale flat in kharghar in 2013. I have not done the cidco transfer till now and in society records the share certificates still having the name of previous owner.

Now I want to complete the cidco transfer. Please guide me how to proceed.

I purchased resale flat in Kalamboli in 2014. Society has been registered in 2016 (my name is included). Now Conveyance deed process is underway. Society asking 10,000 rupess each from all resale owners to include name in the CIDCO register. If we don’t pay, previous owners name will be included. Please guide. Is it as per the rule?

As per rule, your name should not be included in society’s list of Primary members.Primary members are the people who purchased flats from the builder. They are not supposed to pay CIDCO transfer as their name will automatically be included in the list of Original members submitted to CIDCO.But every subsequent sale will require CIDCO transfer charges to be paid.The situation you are in is because the CIDCO officials know that people will cough up Rs 10,000 easily instead of paying for their CIDCO transfer charges separately later..which will add up 40,000-50,000 to their expenses.Most people succumb to this ‘offer’. The choice is yours.

“As per rule, your name should not be included in society’s list of Primary members.Primary members are the people who purchased flats from the builder. They are not supposed to pay CIDCO transfer as their name will automatically be included in the list of Original members submitted to CIDCO.”
I am a first buyer of a commercial office in Vashi ie directly from builder. Builder has not transferred property tax records in his name still. The newly formed society is in the process of getting |Conveyance deed done. Can I understand from the above quoted statement of yours that I being first buyer don’t need to individually get name transfer done in property tax records for my office? Is it okay to wait till Conveyance Deed done by CSL and them submitting all the original member names to CIDCO? How much will I have to pay later when society submits the member list? Will annual increase of 10% affect me? What is advisable next step for me to do keeping future ease of sale in mind.

Hi, I am looking to sell my property in sector 28, Vashi. I have been told that CIDCO is not issuing sale and mortgage NOC for sector 28. Can you confirm if that’s correct? My flat is in a registered society. Is there any workaround?

Thanks.

Its highly unlikely that CIDCO has imposed a blanket ban on sector 28 .. unless there is some major anomaly or irregularity endemic to the entire area.
I do not have any info on the same.

My query is that – we had done conveyance deed on one year before and registered at office of registrar at Panvel but till date (1 yr completed) final order from CIDCO is not received. This conveyance deed was done through builder and builder is every time giving excuses of cidco officials are not available or related. Please guide in this case what to do for get final order at the earliest from cidco.

You will have to check with CIDCO office in Belapur for current status.You should know your property’s File Number to make matters easier.Then approach the CIDCO office, 1st Floor, MTS Section.

I m purchasing 1bhk resale flat in ulwe builder paradise group Conveyance and society not formed .in this case i have to pay cidco transfer charges.

Need Help
Hi , i am buying a property in sector 28 Vashi where NOC from CIDCO is required and all bank are demanding the same to but only LIC is providing the same without NOC so will any issue happen in future

My worry is as its a leashold property then can CIDCO create any issues as talks are on for transfering from leasehold to freehold but its going to take time

Hi want to know the procedure and name change (remove) charges for property in Kamothe and how long will it take. We have the gift deed registered and have born the charges for the same.

For cidco transfer you will need 2 things…
Society should be registered
Conveyance must be done in Society’s name.

After that you will have to pay the CIDCO transfer charges of Rs 5000 if transfer is within your family.
It will take you approx 1 month to complete the procedure.

I had purchased a flat in Koperkhairance in year 2011. The land on which the building was made was under possession and owned by the land owners and disclosed by 7/12 extracts. Also the land owner paid property tax on the same regularly. Howver, on recent search on the land records site 7/12, it was observed that the land is in the name of CIDCO. Is there any way by which we can get the building registered under 12.5% scheme or so? Please help as it is very urgent. Also I would like to take your professional advice in person.

All land was acquired by CIDCO starting 1970s.The land owner may have hidden that fact from you and cheated you.
There is no way of escape.If CIDCO issues demolition order to your building,you will have to vacate.
No use of any professional advice in person.
Good luck.

Is Cidco transfer charges applicable on flats built on society plots also? We are looking to buy flat from second owner who says he has not transfered ered name in cidco records

We are the 4th owner of the flat in airoli n stil cidco registration is in the name of the 1st owner… so what will b the procedure n charges if we want to do cidco transfer

Hello, Thanks for the Information. Are CIDCO Transfer charges applicable in Taloja Panchnand? I have bought a flat in re-sale in Phase 1. The conveyance of the society is not done yet.

I have come to know that my name/flat is not showing as registered in the CIDCO records. How do I verify this? Also what are the documents required for the registering my name in the CIDCO records?

If your name is not showing in CIDCO records,the only way to confirm it is by visiting the CIDCO offices.The documents required to register your name in CIDCO records are a set of documents including your sale agreement,sets of affidavits,NOCs etc and the Transfer charge according to the CIDCO rate chart in this article.If you require professional and trustworthy services for the same,we can undertake it for you for a nominal charge.

hi sir,
please guide me ” i have applied for SBI home loan balance transfer but after all clarification bank demand for CIDCO NOC . Conveyance deed still pending but society firmed and soc noc alreayd given to sbi. Please guide me how i obtain cidco noc from cidco and its compulsory for loan or not?

Can we know penalties applicable in case earlier 2 owner didn’t pay cidco transfer but current buyer may want to clear dues and register his name in Cidco as owner.

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