CIDCO (City and Industrial Development Corporation) levies transfer charges when ownership of a property in its jurisdiction, such as Navi Mumbai, is transferred. But what is CIDCO transfer charges? Recently, it has been declared by CIDCO, to hike the transfer fees to 5%. The charges vary based on factors such as property type, size, and location within CIDCO-developed nodes.
How Much are CIDCO Transfer Charges?
Depending on the size and type of the property, the City and Industrial Development Corporation (CIDCO) declared that property transfer costs in Navi Mumbai would increase by 5% to 10%. Additionally, transfer costs for apartments in commercial stores and registered housing societies will increase by 50%.
Depending on the location and type of property, costs for properties greater than 200 square meters would range from Rs. 1,11,100 to Rs. 2,31,000 per square metre. It's important to note that these charges are separate from other fees like stamp duty and registration charges.
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What is CIDCO Transfer Charges?
Tuhi89
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5 months
2025-06-27T10:10:27+00:00 2025-06-27T10:10:47+00:00Comment
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