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Charges for Collector Noc for residential flat in mumbai
09-Jan-2023 (In Property Law)
Mrs sudarshana purchased land from builder in 1977 . I purchased from sudarshana in 1990 and in 2021 I gifted the flat to my wife . My wife then sold the flat to vijay in 2021 . Mr vijay wants collector noc for the flat. What would the charges be ? Will I attract any penalty
Dear Client,
For what purpose he wants collector NOC? Is it Collector land? All the chain documents need to be refered before any advise is provided.
Do reach our office for proper and precise advice.
Regards,
Expert Jurist LLP.
For what purpose he wants collector NOC? Is it Collector land? All the chain documents need to be refered before any advise is provided.
Do reach our office for proper and precise advice.
Regards,
Expert Jurist LLP.
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Adv. JV Bhosale
Mumbai | 400+ Answers
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What is the transfer charge of collectors land in Mumbai?
Transfer charges for those who sold an apartment in the island city within five years of its purchase with permission have increased from Rs 500/sq feet in 2007 up to Rs 1,000/sq feet in 2017. This is the standard category and the charge will be 6% or Rs 1,000/sq feet, whichever amount is higher. 14-Jul-2017
Can collector land be sold?
The collector must give permission to the owner if he wants to lease, gift, or sell his property. The owner must pay the collector transfer fees if the property is going to be sold. After the increase in transfer fees, rates for collectors properties have increased by four times. 20-Mar-2019
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