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Q.

What can be the transfer charge of CIDCO in Navi Mumbai?

As I am resident of Navi mumbai,my flat is in Navi Mumbaiso what will be the actual total charges I have to pay in CIDCO .I purchased in 2008,and as I was coming from Mumbai side,I had no Idea that I have to register my flat

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CIDCO (City and Industrial Development Corporation) in Navi Mumbai levies transfer charges on property transactions, which vary based on factors such as property type, area, and location.

For residential properties, charges can range from Rs. 66,000 to Rs. 7,22,300, depending on the size and location of the plot. Commercial properties may incur higher fees, with charges starting at Rs. 1,93,400 per square metre and potentially reaching up to Rs. 5,84,600 per square metre for larger plots.

These fees are applicable for both leasehold and freehold properties. It's important to note that CIDCO has periodically revised these charges, with recent hikes ranging from 5% to 10% effective from April 1, 2025.

Therefore, it's advisable to consult CIDCO's official website or contact their office directly for the most current and accurate fee structure before proceeding with any property transactions.

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