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
  • Apply for change in Property Tax Records (If applicable). Cost of Transfer is approx Rs 200 per square meter in Navi Mumbai.
  • Apply for change in Water Department (If applicable)
  • Transaction Complete

CONTACT US

Contact AddressSky Properties,
A-1, 7/2, Sneh Co Op Society, Plot No 16, Sector 19a, Nerul, Navi Mumbai, Maharashtra 400706
Email[email protected]
Mobile9987452642
Services ProvidedBuying and Selling of property in Navi Mumbai
Registration
Sale Agreement
Sale Deed
Stamp Duty Payment
CIDCO Transfer
Society Formation
Society Conveyance
Tripartite Agreement (For Plots)
Consultancy
Due Diligence
Real Estate Services Provided by Sky Properties
Nerul aerial view

RATE CHART FOR OUR SERVICES

Service provided by usCharges
CIDCO Transfer only15000
Mortgage NOC only15,000
CIDCO Transfer + Mortgage NOC15,000
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
Pricing chart for our services

By Mayur

Mayur is a real estate professional based in Navi Mumbai for the past 20 years. His expertise in real estate includes every sphere of the real estate sector in Navi Mumbai. He can be reached on 9987452642

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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