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Thursday, February 29, 2024

Everything you wanted to know about CIDCO Transfer in Navi Mumbai

CIDCO Transfer Charges are compulsory in Navi Mumbai for purchase/sale of all types of real estate – Shops, offices, flats, plots etc. Without the payment of CIDCO Transfer Charges, no property transaction is legally sound or complete. Do not believe fake news and chor politicians who have zero understanding of the law and whose only job is to fool the uninformed people with lies.



CORRUPTION IN CIDCO

If you think that police and municipal authorities are corrupt, they will pale in comparison to the loot going on in CIDCO…. and that too under the very nose of the so called ‘Vigilance’ department of CIDCO located on the 6th floor of CIDCO bhavan in Belapur. Anti Corruption Bureau of Police regularly raids and catches staff in this building..right under the nose of this so-called ‘Vigilance Dept’.
In this situation, it would be safe to say that the Vigilance Dept of CIDCO is also corrupt. The fence has eaten the crop.
And if you think that only the low down employees are corrupt, try fixing an appointment with the MD of CIDCO.
The Municipal commissioner is available for public meeting between 3-5 pm everyday without appointment.
The Police commissioner is available for public meeting without appointment daily between 3 and 5 pm…but CIDCO MD is in a whole different league.

ALL ARE LOOTING AWAY TO GLORY


You will get appointment with the PMO but not the MD of CIDCO.
The Jt.MD Of the MTS 2 Dept is Mr.Kailash Shinde and his office is on the 2nd floor of CIDCO Bhavan in Belapur.
Understand this one thing clearly about bribes to CIDCO officials :

No CIDCO official will do anything that is illegal in exchange for money. If a CIDCO official is asking for money to do a certain thing for you, rest assured that what he is promising to do is legal anyways..but it just happens that you don’t know about it. If you file an RTI, they will be obliged to tell you the truth. That is the reason why the Online RTI portal of CIDCO has collapsed. They don’t want to tell you the truth. ..cause that will end their loot.

Amongst all this corruption, there are 2 people that deserve an honorable mention : Mr.Yatish Patil and Miss.Sneha from Kharghar Office. Both have always been extremely co-operative, ready to help, respectful, unlike the other staff that I have ever come in contact with. Extremely rare in CIDCO. No comments about the others.

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.
Why ?

Because all land in Navi Mumbai belongs to CIDCO. They acquired the farmland from villagers starting back in 1970’s. They only give land on lease (long lease of 60 years) and hence they are like a giant landlord. Now logic should tell us that if we are sitting on a property that belongs to a giant landlord (in this case its CIDCO), it is but obvious that if you want to leave and make someone else sit in your place, you will need the approval of the landlord and abide by the lease conditions.
Total Chaos and corruption at CIDCO Transfer Department
What happens if you don’t pay CIDCO transfer charges?

Well, that depends on whether you are the buyer or seller of the property and whether you and the buyer before you has paid the stamp duty or not. If the buyer before you has paid the transfer charges, then you don’t have to worry. Just pay the transfer charges for your transaction and you’re ok. But if the seller has not paid his transfer charge (when he purchased the flat) then you are liable to pay it when you purchase the flat from him. Or else, you can ask him to shell out the money for his transfer.
So make sure that you purchase a flat only after checking that the previous owner has paid the CIDCO transfer charges. If you buy from the builder, you don’t have to pay transfer charges as it will be applicable after the formation of the society and at the time of conveyance of the land and building in favor of the society.

Sometimes even the banks are not aware of these transfer charges as these are unique to CIDCO areas in Maharashtra, and the builders don’t want to tell you at the time of selling the flat to you as they don’t want any additional expenses to come in the way of their sale. CIDCO transfer charges increase by approx. 10% every year.
Is there any other clearance required from CIDCO?

Yes. After obtaining the CIDCO NOC, you may require a ‘Mortgage NOC’ (if you are taking a loan from a bank). The bank will not disburse the loan unless you obtain this Mortgage NOC from CIDCO.
What do transfer charges depend upon?

They depend on the carpet area (not built up area) of the flat.
Is GST applicable on CIDCO Transfer Charges ?

Unfortunately, CIDCO has started levying GST of 18% on CIDCO Transfer Charges. It may help to note that before 2014, there were no additional taxes of any kind on CIDCO Transfer charges as neither is CIDCO selling you any goods and neither is it providing any service to you. Simply changing your name in Govt (CIDCO) records and taking money for the same is NOT a service.

Does Govt charge GST on registration and stamp duty paid while purchasing a flat ? NO. So why is CIDCO taking 18% as GST for doing exactly the same thing (changing your name in govt records) ?




But aren’t CIDCO Transfer charges abolished ?

CIDCO Transfer charges are implemented as per law passed in Assembly. Its called the New Bombay Disposal of Lands Act and New Bombay Disposal of Land Rules. To change that law and the rules which govern it, it will have to be altered in the Assembly.
CIDCO earns hundreds of crores via these Transfer charges, which is then spent on by CIDCO for developing the infrastructure and paying its staff salaries. So promising to ‘abolish’ it was just like a lot of other false promises made by ignorant and foolish politicians who have zero idea of economics. But these fake promises only work where the population at large is ignorant of basic laws.
When are these charges payable ?

These charges are payable after registration of the Sale Agreement (Part Payment Agreement) or in case of payment in one shot (No bank loan) it is payable after the Sale Deed.
Are all flats/buildings/societies eligible for CIDCO Transfer Charges automatically ?

No, the Society must have something called Conveyance and must feature in CIDCO records. More than 90% of Societies do not have ‘Conveyance’ in their favor in CIDCO records.

What is the conclusive document which shows Society Conveyance ?


Its something called ‘Final Order’, shown below..
Final Order Issued by CIDCO

Are transfer charges fixed ?

No, they increase by 10% every year on the 1st of April (beginning of new financial year).

NEW TECHNIQUE FOR CORRUPTION BY CIDCO STAFF

Recently, it has been noticed that CIDCO officials make people submit physical copies of their application along with all the other affidavits etc. On visiting the CIDCO office, applicants are told to submit additional documents like :-

1.Share Certificate copy
2.Society Members List
3.Copy of Final order etc

All these demands are illegal. No official can make you submit more documents than listed on the CIDCO Website.

And anyways, the documents you submit also contain an Indemnity bond, which absolves CIDCO of any blame or responsibility if any legal or other issues crop up later. CIDCO has zero liability. ZERO. For what are they taking all these guarantees from an applicant if they want to become a CID office ? If they want to become CID office, then let them take responsibility for any problems later.

They may also give you frivolous excuses that Society is not uploaded etc. If your society has something called the final order, then all the responsibility of uploading and updating records falls on CIDCO. Its not your job or responsibility to upload or facilitate an internal process of CIDCO. Tell them its their job not yours.

If the CIDCO officials make these illegal demands, tell them to give them in writing on a piece of paper that they want all these documents along with their name, designation and date.

Tell them that you will approach the CIDCO MD / Vigilance Dept at Belapur HQ and complain to him/her.

They will never give you anything in writing….and will most probably tell you that they will manage without those documents.

If you manage to submit your complete application online, you will be asked to come personally to collect the NOC letter as ‘the mail server is down’ or ‘your documents were not uploaded’ some other excuse. They will never tell you this in writing cause there is nothing wrong with any mail server and your documents were uploaded properly. All they want to do is make sure that the person who has filed the application is not an agent (who is avoiding greasing their palms). You will only be called on so that the call cannot be recorded or sent a mail that your application is rejected as your documents were not uploaded . The best part is… once your application is ‘rejected’ .. your documents and entire application is also deleted. So there is no way of you verifying that your documents were actually uploaded or not. There will be nothing in writing. Once you reach the office, they will try to verify if you are an agent/lawyer. .. and if you are, they will make you cough up money. If you are not, then they will simply hand over the NOC in printed format to you and say goodbye.
If your application is rejected due to the reason of ‘documents not being uploaded’, the only recourse available to you is to submit a fresh application. Following this, it is advisable to visit the CIDCO office promptly the next day and request them to verify the status of document upload in person (in front of you on the computer). This approach is the most effective means of resolving the situation.

What you should do is tell them to write on the NOC that the NOC was handed over to you in person as the Mail Server was not working along with the date, time and signature of the official.. But they will never do it cause every technical fault is recorded. If you make a written complaint, an investigation will be done, their lies will be caught…and the culprit will either be transferred or sacked after inquiry.

To address any concerns or submit a complaint, you can access the online complaint submission portal . However, please note that while this platform aims to assist users, there have been instances where satisfactory resolutions to complaints were not achieved.

Time Limit for Issuing CIDCO NOC And MORTGAGE NOC (Provided all documents are in order)
CIDCO NOC 21 Days
MORTGAGE NOC 7 Days
Time Limit to issue CIDCO NOC and Mortgage NOC
If your society does not have conveyance in its name along with Final Order from CIDCO…..

Even if your CIDCO 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.


Note : Conveyance of land and building in the Name of the Society is compulsory for CIDCO Transfer. The Only conclusive proof of that is a document called the Final Order. Without this document, no CIDCO transfer will be possible.

Current CIDCO TRANSFER Charges (1st April 2023- 31st March 2024)



CIDCO TRANSFER SERVICES

We can provide our professional services to facilitate CIDCO Transfer Process for a nominal charge of Rs 15,000 (all inclusive).You can pay online via Gpay, Phonepe or UPI and documents will be prepared and sent to you via courier in 2 working days. We only require a copy of the Sale Agreement for preparations of the Documentation. 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.
Service provided by us

CIDCO Transfer only 15000
Mortgage NOC only 15,000
CIDCO Transfer + Mortgage NOC 20,000
Only Drafting/Documentation 5,000
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 5,000/30 mins
Pricing chart for our services

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Everything you wanted to know about CIDCO Transfer in Navi Mumbai

CIDCO Transfer Charges are compulsory in Navi Mumbai for purchase/sale of all types of real estate – Shops, offices, flats, plots etc. Witho...