Transfer charges has to be paid to cidco as per the current rate
Always a purchaser has to 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.Since the builder is demanding the charges at the time of formation of the society you need to find about the amount each flat owner has to pay based on the
on the carpet area (not built up area) of the flat.
In fact it almost comes more than one lakh in your case as it is 500sq metrs to 2000 sq metrs - charges are Rs. 1,69,037 in karhghar
For property above 100 sq.mtrs. the applicant should submit the required documents to Asst.Estate Officer, CIDCO Bhavan, CBD Belapur. This rate changes from time to time.
the best you can do is go to the office and make enquiry of the current rate and if the builder is asking more do not pay. also find out in the cido office, whether these charges are to be paid or the previous owner/ builder has paid it. or else file an RTI