Hi, I am based in Kharghar,Navi Mumbai. Our building has recently got OC and society is yet to form. The builder is asking for additional 100000/- (approx ) per flat (for a 2 BHK 1040 sq feet) on the name of conveyance charges for cidc. The builder has already taken development charges from us. What should be our course of action ? How much is the conveyance charge of Cidco?
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1) what are the clauses in your agreement regarding conveyance charges?
2) you can request the builder the basis on which sum of Rs 1 lakh per flat is being demanded .
3) you can file RTI application with CIDCO to find what would be the conveyance charges payable on your building for execution of deed of conveyance
Thanks a lot. There is a clause in our agreewillment where it mentions that stamp duty,conveyance charges,registration fees to be borne by the purchaser. So legally I have to pay conveyance but the amount which is charged seems questionable. Any idea how conveyance charge fee is calculated. I will try to file an RTI.
1. It appears that the alleged demand for conveyance charge is purely unreasonable, more son when you have already made some payment on that account.
2. In that context you are no loner liable for making such payment and hence entitled to refuse such demand.
3. if the builder is unrelenting then you can opt for going to consumer forum especially when the matter is not resolved amicably.
1. Yes, you shall have to bear the conveyance charges,
2. To ascertain the amount to be paid for registering your property, visit local Registration office,
3. Registration office is the best place to get the required information.
Hi,
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
Hi,
yes you have to pay transfer charges to cidco to obtain NOC.Cidco charges are as per the area and as per the locality , the residential and commercial areas. As kharghar comes in the developed nodes it is more charges and exact rates are displayed in the cidco website. it is chargeable on the basis of carpet area. So you will have to pay according to the area.
for finding conveyance deed charges for Karghar it is advisable to visit cidco office in this regard . it would depend upon carpet area of your flat , area of the plot etc
transfer charges for plots allotted for residential purposes vary from Rs 30,613 for 40 square meters plot to Rs 3,36,743 for 2001 square meters plot and above in developed nodes of new Mumbai namely Vashi , Kharghar , Panvel etc
It depend on the square feet of plinth area and carpet areas market value features locality etc. Fist you must pay and obtain NOV from cisco . You must measure it and see the charges in their site
A. As per the agreement clause you are liable to pay the conveyance charges. You have to pay transfer charges to CIDCO and Stamp duty and registration charges on the conveyance deed.
B. The builder has to start the conveyance process within 4 months from the date of the society formed,
C. You can visit CIDCO office for additional information with respect to conveyance charges and others.
Hi Sorry got busy in some other thing. When we looked at our agreement we see that in our development fees we have already paid cidco transfer charges. Whereas in a separate section it is mention that purchaser has to pay for stamp duty,registration and conveyance charges. Now what is the difference between Cidco Transfer Charges and Conveyance Charges. I went to Cidco website and found the transfer charges(which is already paid as per agreement) but could not find any info conveyance charges. Please enlighten me the difference between Cidco transfer charges and conveyance Charges. Thanking You
You can file a petition under right to information act and find out if any is pending.if you have paid Cisco charges then you need not pay any other charges. If you find that the same asked by the builder is unreasonable then issue a legal notice in the consumer court and claim damages
1) you are buying flat from builder .
2) if you buy from builder no transfer charges are payable . the transfer charges are payable after formation of society and at time of conveyance
3) the transfer charges depend upon carpet area of flat and keep on changing from time to time
4) the transfer charges imposed by CIDCO are for transfer of apartment , enrollment of additional members , in plots wherein lease is given by CIDCO ,
5) if cooperative society is formed transfer charges are payable for transfer of shares from existing member to new member or for admission of new member before OC is granted . maximum amount payable is Rs 5000
conveyance charges are levied for transfer of land on which building has been constructed
1. Transfer charges are levied by CIDCO for transferring the flats in different names after the society is formed & it is nominal,
2. How much transfer charges have your paid?
3. Conveyance charge is the charge for conveying the Title of the land upon which your said flats have been constructed by the builder.
I agree with Mr. Ajay Sethi
Hi All, Thanks for all your answer but still I am slightly confused. As you know in our society a 2 BHK Flat (686 sq feet carpet area) builder is asking for 104000 in the name of conveyance,stamp duty and registration. The other 1 BHK flat they are asking for 66000 per head. We have 64 flat in our building with a plot area of 1300 square meter (approx). We have all registered our flats and have paid stamp duty on it. So in total builder asking for Rs 46-47 lacs for conveyance charges. Our Housing society has not formed yet. We met the builder and he is quite unwilling to give us any break up of the charges,instead he says if you want to do the conveyance yourself you can do it. There are only 15 members currently staying in our flat and rest of the members we do not know any of their details.Many of them might be investors. I read an article which says (http://mumbairedevelopment.blogspot.in/2013/06/deemed-conveyance-at-exhorbitant-price.html) that the biggest cost for conveyance is stamp duty paid for the plot of land. As we are 1300 sq meter and I checked the ready reckoner rate of our area which I found around (Rs 59500 per square meter if building is build on the land) . we stay in Kharghar Sector-35. In some cases we heard that we have to pay Cidco Transfer Charges. I have checked that rate in the Cidco website which is around 61600 for our 2BHK flat. I am still not sure whether I need to pay transfer charges as I bought the building from builder. So in this regard need your advice 1. How do we calculate the conveyance charge and it's stamp duty and registration fees (in our case). A lawyer said that if we all(entire flat members) have paid stamp duty of the flat there is no need to give additional stamp duty for conveyance? Whatever the builder is charging is it exhorbitant ? Is stamp duty the biggest component of the conveyance deed? 2. How do we proceed from here without trying to antagonise the builder too much ? He has not given us the possession letter yet? Sorry for a writing a long message. Will eagerly wait for your answers.
Hi All, Thanks for all your answer but still I am slightly confused. As you know in our society a 2 BHK Flat (686 sq feet carpet area) builder is asking for 104000 in the name of conveyance,stamp duty and registration. The other 1 BHK flat they are asking for 66000 per head. We have 64 flat in our building with a plot area of 1300 square meter (approx). We have all registered our flats and have paid stamp duty on it. So in total builder asking for Rs 46-47 lacs for conveyance charges. Our Housing society has not formed yet. We met the builder and he is quite unwilling to give us any break up of the charges,instead he says if you want to do the conveyance yourself you can do it. There are only 15 members currently staying in our flat and rest of the members we do not know any of their details.Many of them might be investors. I read an article which says (http://mumbairedevelopment.blogspot.in/2013/06/deemed-conveyance-at-exhorbitant-price.html) that the biggest cost for conveyance is stamp duty paid for the plot of land. As we are 1300 sq meter and I checked the ready reckoner rate of our area which I found around (Rs 59500 per square meter if building is build on the land) . we stay in Kharghar Sector-35. In some cases we heard that we have to pay Cidco Transfer Charges. I have checked that rate in the Cidco website which is around 61600 for our 2BHK flat. I am still not sure whether I need to pay transfer charges as I bought the building from builder. So in this regard need your advice 1. How do we calculate the conveyance charge and it's stamp duty and registration fees (in our case). A lawyer said that if we all(entire flat members) have paid stamp duty of the flat there is no need to give additional stamp duty for conveyance? Whatever the builder is charging is it exhorbitant ? Is stamp duty the biggest component of the conveyance deed? 2. How do we proceed from here without trying to antagonise the builder too much ? He has not given us the possession letter yet? Sorry for a writing a long message. Will eagerly wait for your answers.
1) you are entitled to ask for break up of conveyance charges demanded by the builder . the fact that builder is refusing to give a detailed break up is fishy .
2) if all members have paid stamp duty for flats for conveyance additional amount demanded for conveyance by CIDCO would be nominal . stamp duty is biggest component in conveyance .
3) i had advised you to file RTi application with CIDCo to find out what would be the conveyance charges for your building .
4) a personal visit to CIDCo office is advisable . catch hold of some CIDCO employee who is recently retired and acting as a consultant .
5) you can pay amount under protest . take possession f of flat . then move consumer forum against the builder for deficiency in service
It is better for all of you to move a writ petition or PIL to high court against the same as you have told it is already paid.
1. Send a legal notice to the builder asking for the break up of the amount he is asking towards conveyance charges within 15 days and arrange for the registration by collecting actual amount,
2. Visit CIDCO and meet its officials to know the exact amount to be paid in this regard,
3. File a complaint case before the local District Consumer Dispute redressal Forum alleging deficiency in service and unfair business practice demanding break up of the charges demanded by him, immediate registration at actual cost, damage and cost.