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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. They are calculated on the carpet area of the shop/flat and depend on the location.
The corruption is so blatant that its running under the very nose of the so called ‘Vigilance Dept’ located on the 6th 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 organizations in the country.
GST on CIDCO Transfer
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
If your society does not have Conveyance Deed
Note : 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.
What we need to process your CIDCO Transfer application
We only need a copy of your sale agreement/sale deed to process the documentation. You can mail a scanned copy to firstname.lastname@example.org or send it via courier to our official address. You can pay online and documents will be prepared and sent to you via courier in 2 working days.
Latest CIDCO Transfer Charges 2023-2024
Kindly note that all the applications made and uploaded before 31st March 2023 will pay the old rates. Only applications made after 1st April 2023 will be liable for new rates. Also note that all Society Upload work in CIDCO has come to a complete halt as the private agency which was contracted for this work has been terminated by CIDCO. There is no upload activity happening for the past 1 month in CIDCO. And when this activity will start again is anyone’s guess. But a reasonable estimate is at least 1 more month.
OTHER TYPES OF TRANSFER CHARGES
|Type of Transfer||Charges|
|Via Gift Deed to blood relation (without monetary consideration)||Rs 5950|
|Via Hiership Certificate/Succession Certificate issued by court||Rs 595|
|Mortgage NOC||Rs 595|
RATE CHART FOR OUR SERVICES
|CIDCO Transfer only||15,000|
|Mortgage NOC only||15,000|
|CIDCO Transfer + Mortgage NOC||20,000|
|Drafting and Registration of Sale Agreement/Sale Deed||10,000|
|Brokerage (Purchase/Sale transaction)||2%|
|Brokerage (Rentals)||1 month rent/year|
|Consultation over Phone/Whatsapp/Zoom/Google Meet||4,000/30 mins|
|Property Tax Name Transfer||10,000|
|Water Bill Name Transfer||10,000|
Get in touch
Sector 19a, Nerul,