Cidco Transfer

Asked in Property

  • Shrinivas Yeddandi

    Navi Mumbai

Expert's Answers(4)

  • xxxxx cxxxxx

    Bengaluru, Karnataka
      184 Client Ratings

    Dear Sir, Any fee can be charged only once. Since your vendor paid the fee to the CIDCO as such you are not obliged to pay again such fees.

    March 14, 2024
  • Advocate Yogesh Navmahalkar

    Jalna, Maharashtra
      19 Client Ratings

    Issue them notice through lawyer and File Complain in Consumer Court and claim heavy compensation.

    March 10, 2024
  • Advocate Anik

    Bengaluru, Karnataka
      66 Client Ratings

    Dear client No, you likely shouldn't have to pay the CIDCO transfer fee again in this scenario. Here's the breakdown: CIDCO transfer fee: This is a fee levied by CIDCO (City and Industrial Development Corporation) for property transfers in certain areas. Society already formed and conveyance received: This indicates that the initial development and transfer from CIDCO to the society is complete. Previous owner already paid CIDCO fee: Since the original owner already paid the CIDCO transfer fee when the society was formed, there shouldn't be another fee for subsequent property transfers within the society. Here's what to confirm with your real estate agent: Double-check if the CIDCO transfer fee is indeed being asked from you. It's possible there might be some confusion. If they insist on the fee, ask them to explain the reason behind it. There could be a rare case where the fee structure is different for your specific situation. Additional points to consider: You might need to pay a transfer fee to the housing society itself, as mentioned in the news article I found [Navi Mumbai: 'CIDCO levying transfer premium is wrong' - Mid-day]. This fee is usually much lower than the CIDCO fee.

    March 4, 2024
  • Adv M. K. Singh

    Lucknow, Uttar Pradesh
      4 Client Ratings

    Get it checked from CIDCO office itself, for authenticity of information.

    March 2, 2024