How to buy a flat in Navi Mumbai

Real Estate buying check-list for Navi Mumbai

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  • Identify flat/property you like
  • Scrutinize property papers, title documents, municipal permits, flat ownership papers, society status, CIDCO NOCs etc
  • Make sure society conveyance has been done (without this, no CIDCO NOC will be possible and without CIDCO NOC no bank will give you a loan). This is not for fresh purchases in a New Project. In a new project, no society is formed until 60% of the flats are sold by the builder.
  • Fix Price
  • Formulate MOU (Memorandum of Understanding)
  • Make Token/Part payment if taking a loan. Take a receipt for the same
  • Formulate and register the Agreement for Sale (Sale Agreement) If taking a bank loan
  • Apply for CIDCO Transfer/CIDCO NOC
  • Obtain CIDCO NOC
  • Apply for Mortgage NOC (Only if taking a loan)
  • Obtain Mortgage NOC from CIDCO
  • Get bank to disburse the loan
  • Formulate and register Sale Deed
  • Apply to CIDCO for ‘Final Order’
  • Submit CIDCO ‘Final Order’ to Society for transfer of name in Share Certificate
  • Apply for change in name in Electricity and Gas department records
  • Transaction Complete

Rate Chart For Our Services

Service provided by usCharges
CIDCO Transfer only20,000
Mortgage NOC only15,000
CIDCO Transfer + Mortgage NOC20,000
Only Drafting/Documentation5,000
Drafting and Registration of Sale Agreement/Sale Deed10,000
Brokerage (Purchase/Sale transaction)2%
Brokerage (Rentals)1 month rent/year
Consultation over Phone/Whatsapp/Zoom/Google Meet2,000/30 mins
Our Services for Real Estate in Navi Mumbai

Goolge Ratings

Get in touch

Sky Properties logo

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

9987452642
mayur@sky-properties.in

2 comments

  1. Hi Mayur, I recently purchased a property in kamothe and I was thinking to do cidco transfer. But the agent is saying that I should wait because panvel municipal corporation will take over and then I won’t have to pay for cidco noc. Panvel municipal will issue the noc and it will cost very less. Do you have any idea about this?

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