Procedures for Transfer

To The Secretary/President, _____________________________________ _____________________________________ _____________________________________ Sub:- Transfer of apartment/Shop No. _______________ _________________________________________ Ref:- Your letter dated ___________________________ Dear Sir/Madam The necessary Deed of Assignment has been registered with Sub-Registrar, Thane-3, on _________________ Sr. No. ____________________ and the action taken by your society in transferring the share and membership of _________________________________________________________ Apartment No. _____________________ In the name of Shri/Smt. ________________________________________________________ is noted in our records for the purpose of administration of the said flat. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to : 1) Shri/Smt. 2) Shri/Smt. 3) AAO(EMS) 4) M.S.E.B., Vashi 5) N.M.M.C. (Water Supply) 6) N.M.M.C. (Property Tax)

No.CIDCO’EMS/AEOV0/2007                                                             Date : To The Secretary/President, _____________________________________ _____________________________________ _____________________________________ Sub:- Transfer of apartment/Shop No. _______________ _________________________________________ Ref:- Your letter dated ___________________________ Dear Sir/Madam The necessary Deed of Assignment has been registered with Sub-Registrar, Thane-3, on _________________ Sr. No. ____________________ and the action taken by your society in transferring the share and membership of _________________________________________________________ Apartment No. _____________________ In the name of Shri/Smt. ________________________________________________________ is noted in our records for the purpose of administration of the said flat. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to : 1) Shri/Smt. 2) Shri/Smt. 3) AAO(EMS) 4) M.S.E.B., Vashi 5) N.M.M.C. (Water Supply) 6) N.M.M.C. (Property Tax)

No.CIDCO’EMS/AEOV0/2007 Date : To Shri/Smt. _____________________________, _____________________________________ _____________________________________ _____________________________________ Sub:- Transfer of Apartment _______________________________ Sector______________ at ____________________________ Ref:- This office letter No. CIDCO/EMS/AEO(V)/______________ Dated ______________________ Dear Sir/Madam Necessary Conveyance Deed has executed by Shri/Smt. ____ _____________________________________________ in favour of Shri/Smt. _____________________________________ transferring the above apartment. The said conveyance deed has been registered with Sub-Registrar ______________ on _______________ Sr. No. ______________,. We have to inform you that pursuance to the said conveyance deed. We have corrected our record showing Shri/Smt. _____________________________________ as an apartment owner. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to : 1) AAO(EMS), Vashi 2) The Executive Engineer, MSEB, Vashi. 3) The Secretary __________________________ Type Aptt. Owner Association. 4) S.E (Water Supply), Vashi 5) N.M.M.C. CBD.

No.CIDCO’EMS/AEOV0/2007 Date : To The Secretary/President, _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of permission for transfer of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. _________________________________________ Dear Sir/Madam This has reference to your letter received on ________________ on the subject mentioned above, we have to inform you that, we have No Objection to Transfer of above apartment and share of Shri/Smt. ____________________________________ (Seller) in the name of Shri /Smt. __________________________________________ (Purchaser). You are requested to get the deed of assignment executed, transfer the share in the name of purchaser and inform us accordingly to take necessary entries in our records on or before _____________________________. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To Shri/Smt._____________________________ _____________________________________ _____________________________________ Sub:- Extension for execution and Registration of Conveyance Deed of Apartment/Shop No. _______________ Sector ____________ Vashi, Dear Sir/Madam Please refer to your letter dated ________________ the Corporation pleased to grant you the extension of time limit upto __________________ for registration of the document conveyance deed with your purchaser. Please note that in the case if the transfer charges will revised before registration of the deed you/seller will have to pay the transfer charges as may be determined by Corporation. You are, therefore, requested to execute and register the deed before ______________ and furnish the certified copy immediately. The other terms and condition incorporated in our aforesaid previous letter will remain unchanged. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To Shri/Smt._____________________________ _____________________________________ _____________________________________ _____________________________________ Sub:- Sale of Apartment/Shop No. _______________ Sector ____________ at ___________________ Dear Sir/Madam Please refer to your letter dated ________________. The Corporation is pleased to permit you to sell the aforesaid apartment to Shri/Smt. ____________________________________ subject to the following terms and conditions: (a) The transfer shall be effected after obtaining permission of the Competent Authority under Urban Land (Ceiling & Regulation) Act 176 by a regular conveyance according to law at the cost of the parties. (b) The conveyance shall be registered with the Sub-Registrar of Assurance on or before __________________. (c) The conveyance shall contain the following covenant. The purchaser shall not sell, assign, mortgage underlet or otherwise transfer wholly or partly the said premises save and except will the previous written permission of the Corporation. Which permission shall not be refused if the purchase performs or is willing to perform the following conditions, that is to say: 1) The purchaser pay to the Corporation additional price in consideration of such permission. 2) In the instrument by which the purchaser shall transfer the said premises, the purchaser binds the transferee not to sell, assign, mortgage, underlet to otherwise transfer wholly or partly the said premises save and except upon the observance and performance of the conditions herein written. 3) A true certified copy of the instrument of transfer executed between the purchaser and the transferee is deposited with the Estate Officer of the Corporation within seven day from the date of its execution. Explanation (i) : The additional price means the price determined by the Corporation in the months of January and July each year in respect of a class of apartments with reference to the carpet area and permitted users and displayed in the office of the Corporation. Explanation (ii) : Nothing contained herein shall apply to mortgage of the said premises or any part thereof, to the Central Govt. a State Govt. a Nationalises Bank, the Life Insurance Corporation, the Housing Development Finance Corporation Ltd., or an Employer of the purchaser of any other financial institutions as may be approved by the Board of Director of the Corporation from time to time for the purpose of securing a loan borrowed for buying the said premises. (d) You shall obtain any other permission, as may be required by any other statute or law being in force. (e) You shall furnish certified copy of the said conveyance with 7 days from the date of registration. The permission hereby granted shall lapse and shall be of no effect if the Deed of Apartment for the intending transfer or conveyance of the apartment is not executed and lodged for registration with Sub Registrar of Assurance on or before _______________ and a certified copy with its registration No. and date is deposited with the Corporation in the Estate Section within seven days from the time of such registration for effecting consequential changes in our record. We will appreciate if you kindly note that the share money and entrance fee and the deposits paid by you and service connection charges if any paid to the M.S.E.B. which are attached to the apartment stand transferred with the apartment consequent on the above sale and no claim for refund of these amounts will be entertained. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to Shri/Smt.___________________________ ___________________________________

No. CIDCO/EMS/AEO/VASHI/2007/ Date : To ______________________________________ ______________________________________ ______________________________________ Sub: NOC to mortgage Flat/Shop No. ________________ Sector No. _________ in Vashi, Navi Mumbai to __________________________________________ (Bank/Fin. Inst.) Ref: 1. Deed of Apartment executed by Shri/Smt. ___________________________________With CIDCO Ltd. __________________ 2. Our letter No. CIDCO/EMS/AEO(Vashi)/ / dtd. ________________ 3.Your letter dated___________________ (Transferee/Purchaser/Society) 4. Consent of Shri/Smt. ___________________________________ (Transferor/Seller) Sir/Madam, This Flat/Shop No. ___________________, Sector _______________ in Vashi node stands on the name of Shri/Smt. _________________________________ in the record of the Corporation. On his/her/society’s request i.e. from Shri/Smt. _____________________________ to whom we have already been permitted to sell this property to you. With an intention to borrow the loan from ____________________________________________ (Bank/Fin. Inst.) for purchasing this property from Shri/Smt. __________________________________, you have requested us to give our NOC to mortgage the above mentioned apartment as a security of loan to note a lien of __________________________________________ (Bank/Fin. Inst.). Shri/Smt. ___________________________________ Transferor/Seller of said apartment/ shop has also given his/her consent for issuing such NOC vide his letter dated _____________. In view of the above the Corporation hereby allow you to mortgage the aforesaid apartment/shop to Bank/Financial Institution approved by the Corporation as a security of loan being borrowed by you to enable you to purchase the said apartment and for no another purpose subject to the following terms and condition: 1. You are under obligation to execute the Conveyance Deed and register the same with the Registrar of Assurances. Till such time transfer of said apartment will not be effected the record of the Corporation nor it shall be treated as demise. 2. As soon as loan is sanctioned the concerned Bank/Financial Institution shall inform the Corporation to record their li8en on the said apartment as a security of loan for purchase of said apartment/shop. 3. You will not hand over the possession of the said apartment/shop to the Bank/Financial Institution. However, you are allowed to deposit the title deed/conveyance deed with the Bank/Financial Institution. 4. In case of default in making payment towards borrowed loan, if Bank/Financial Institution decides to auction the said apartment than prior written permission shall required to be obtained from the Corporation and a person who purchase the premises into the auction shall required to pay all the outstanding dues, rates, taxes and arrears including transfer charges to the Corporation at the time of taking possession of the apartment/shop in auction. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to : 1) Bank/Financial Institution ____________________________________ ____________________________________ ____________________________________ 2) Transferor/Seller ___________________________________ ___________________________________ ___________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of NOC of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. Dear Sir/Madam Please refer to your letter dated ________________ on the above subject. As per Covenant No. 3, Explanation (iii) of Deed of Apartment executed by you with Conveyances on ___________________ and registered on ___________________ you may mortgage the aforesaid the Apartment No. __________________________________________ to ____________________________________________ Bank as a security of loan which you intend to borrow from the said Bank. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of NOC of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. Dear Sir/Madam Please refer to your letter dated ________________ on the above subject. As per Covenant No. 3, Explanation (ii) of Deed of Apartment executed by our Corporation with original Apartment owner on ______________ and registered on _________________. Subsequently our Corporation has granted permission to transfer above mentioned Apartment to intended Transferee with Agreed Terms and Conditions laid down therein to execute necessary document with concerned authorities, with necessary payment of stamp duty and registration charges to concerned authorities. As you have already executed necessary document on ____________________ and registered on __________________, you may mortgage the aforesaid Apartment No. _________________ Sector ___________, Vashi, Navi Mumbai to ________________________ Bank as a security of loan which you intended to borrow from the said Bank. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No. CIDCO/EMS/AEO/VASHI/2007/ Date : To ______________________________________ ______________________________________ ______________________________________ Sub: NOC to mortgage Flat/Shop No. ________________ Sector No. _________ in Vashi, Navi Mumbai to __________________________________________ (Bank/Fin. Inst.) Ref: 1. Deed of Apartment executed by Shri/Smt. ___________________________________ With CIDCO Ltd. __________________ 2. Our letter No. CIDCO/EMS/AEO(Vashi)/ / dtd. ________________ 3. Your letter dated ____________________ (Transferee/Purchaser/Society) 4. Consent of Shri/Smt. ___________________________________ (Transferor/Seller) Sir/Madam, This Flat/Shop No. ___________________, Sector _______________ in Vashi node stands on the name of Shri/Smt. _________________________________ in the record of the Corporation. On his/her/society’s request i.e. from Shri/Smt. _____________________________ to whom we have already been permitted to sell this property to you. With an intention to borrow the loan from ____________________________________________ (Bank/Fin. Inst.) for purchasing this property from Shri/Smt. __________________________________, you have requested us to give our NOC to mortgage the above mentioned apartment as a security of loan to note a lien of ______________________________________(Bank/Fin. Inst.). Shri/Smt. ______________________________ Transferor/Seller of said apartment/ shop has also given his/her consent for issuing such NOC vide his letter dated _____________. In view of the above the Corporation hereby allow you to mortgage the aforesaid apartment/shop to Bank/Financial Institution approved by the Corporation as a security of loan being borrowed by you to enable you to purchase the said apartment and for no another purpose subject to the following terms and condition: 5. You are under obligation to execute the Conveyance Deed and register the same with the Registrar of Assurances. Till such time transfer of said apartment will not be effected the record of the Corporation nor it shall be treated as demise. 6. As soon as loan is sanctioned the concerned Bank/Financial Institution shall inform the Corporation to record their li8en on the said apartment as a security of loan for purchase of said apartment/shop. 7. You will not hand over the possession of the said apartment/shop to the Bank/Financial Institution. However, you are allowed to deposit the title deed/conveyance deed with the Bank/Financial Institution. 8. In case of default in making payment towards borrowed loan, if Bank/Financial Institution decides to auction the said apartment than prior written permission shall required to be obtained from the Corporation and a person who purchase the premises into the auction shall required to pay all the outstanding dues, rates, taxes and arrears including transfer charges to the Corporation at the time of taking possession of the apartment/shop in auction. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to : 1) Bank/Financial Institution ____________________________________ ____________________________________ ____________________________________ 2) Transferor/Seller ___________________________________ ___________________________________ ___________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of NOC of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. Dear Sir/Madam Please refer to your letter dated ________________ on the above subject. As per Covenant No. 3, Explanation (iii) of Deed of Apartment executed by you with Conveyances on ___________________ and registered on ___________________ you may mortgage the aforesaid the Apartment No. __________________________________________ to ____________________________________________ Bank as a security of loan which you intend to borrow from the said Bank. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of NOC of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. Dear Sir/Madam Please refer to your letter dated ________________ on the above subject. As per Covenant No. 3, Explanation (ii) of Deed of Apartment executed by our Corporation with original Apartment owner on ______________ and registered on _________________. Subsequently our Corporation has granted permission to transfer above mentioned Apartment to intended Transferee with Agreed Terms and Conditions laid down therein to execute necessary document with concerned authorities, with necessary payment of stamp duty and registration charges to concerned authorities. As you have already executed necessary document on ____________________ and registered on __________________, you may mortgage the aforesaid Apartment No. _________________ Sector ___________, Vashi, Navi Mumbai to ________________________ Bank as a security of loan which you intended to borrow from the said Bank. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To The Secretary/Chairman, _____________________________________ _____________________________________ _____________________________________ Sub:- Permission to transfer of shares of Shri/Smt. ______________________________________ in respect of Plot No. _________, sub Plot No.________ Sector _______ at Vashi, Navi Mumbai. Dear Sir/Madam As you have paid the transfer charges of Rs. ____________ (Rupees _________________ _________________________________) permission is hereby granted to you to transfer the share of your existing member viz. Shri/Smt. ____________________________________ in respect of Plot No. ________ Sub Plot No. __________ to Shri /Smt. _____________________________. You are now requested to submit certified copy of Deed of Assignment duly registered with transferee within 3 months from the date hereof upon submission of Deed of Assignment, necessary final order for transfer of share will be issued accordingly which may please be noted. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to Shri/Smt.______________________________ ______________________________________ ______________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To _____________________________________ _____________________________________ _____________________________________ Sub:- Extension of Time Limit for construction erecting Building on Plot No. _________, Sector _______ at Vashi, Navi Mumbai. Ref:- Your letter dated _________________ Dear Sir/Madam This is with reference to your letter dated ______________ regarding subject mentioned above. You are hereby informed, that the management has considered your requested and decided to grant you the extension for construction period upto _____________________ for completion of building on above mentioned plot/s. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to Shri/Smt.______________________________ ______________________________________ ______________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To The Secretary, _____________________________________ _____________________________________ _____________________________________ Sub:- Transfer of Plot No. _________, sub Plot No.________ Sector _______ at Vashi, Navi Mumbai. Ref:- Your letter dated ________________ Dear Sir, The action taken by your society in transferring the share and membership of Shri/Smt. ____________________________________ in respect of Plot No. ________ Sub Plot No. __________ to Shri /Smt. _____________________________ is noted in our records for the purpose of administration of the said sub plot. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to 1) A.A.O.(EMS) 2) N.M.M.C. 3) M.S.E.B.

No.CIDCO’EMS/AEOV0/2007 Date : To The Secretary, _____________________________________ _____________________________________ _____________________________________ Sub:- Permission to transfer of shares of Shri/Smt. ______________________________________ Apartment No.__________________________ Dear Sir/Madam As you have paid the transfer charges of Rs. ____________ (Rupees _____________________________________) permission is hereby granted to you to transfer the share of your existing member viz. Shri/Smt. ____________________________________ in respect of Apartment No._____________to Shri /Smt. ____________________as a new member of the society in lieu of Shri/Smt. ___________________. You will have to submit a Deed of Assignment. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to Shri/Smt.______________________________ ______________________________________ ______________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To The M/s. _____________________________ _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of permission to transfer of shares of M/s. ______________________________________ of Plot No. _________ Sector _______ at Vashi, Navi Mumbai. Dear Sir/Madam As you have paid the transfer charges of Rs. ____________ (Rupees _______________________________________) permission is hereby granted to you to transfer the share of your existing member viz. Shri/Smt. ______________________________ in respect of Plot No. ________ Sub Plot No. __________ to Shri /Smt. ____________________. You are now requested to submit certified copy of Deed of Assignment duly registered with transferee within 3 months from the date hereof upon submission of Deed of Assignment, necessary final order for transfer of share will be issued accordingly which may please be noted. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi) C.C. to Shri/Smt.______________________________ ______________________________________ ______________________________________

No.CIDCO’EMS/AEOV0/2007 Date : To The M/s. _____________________________ _____________________________________ _____________________________________ _____________________________________ Sub:- Grant of permission to transfer of shares of M/s. ______________________________________ of Plot No. _________ Sector _______ at Vashi, Navi Mumbai. Dear Sir/Madam As you have paid the transfer charges of Rs. ____________ (Rupees _________________________________________________) to our Corporation, we are pleased to inform you that our Corporation has accepted your transfer of shares of member application as given below:    Sr.No. Old Member New Member Plot area allotted by Society

Hereinafter, all rights and claims and interest of said society plots relinquished by outgoing member and share of incoming member are accepted with the provision of Navi Mumbai Development Land Regulation, 1975. The other terms and conditions of Agreement of Lease dated _____________ between M/s. _______________________________________________ and our Corporation remain unchanged.. You are requested to take further action as per your societies bye-laws. Thanking you, Yours faithfully, Asstt. Estate Officer (Vashi)

No.CIDCO’EMS/AEOV0/2007 Date : To Shri/Smt._____________________________ _____________________________________ _____________________________________ Sub:- Sale of Apartment No. _______________ Sector ____________ Vashi, Navi Mumbai. Dear Sir/Madam Please refer to your letter dated ________________ on the above subject. We have received a true certified copy of the Deed of Assignment made and executed between you and your Assignee/Purchaser Shri/Smt. ____________________________________In respect of the above apartment/flat. Our Corporation is pleased to transfer from your name to Shri/Smt. ________________________________ the above apartment/flat. You are requested to approach the Chief Promoter / Chairman, Shri / Smt. /M/s. __________________________Co-op. Hsg. Society (Proposed/Registered), with the application for admitting him/her as its member. You are also advised to submit to the above society all other documents such as Deed of Society, copy of the Deed of Assignment, copy of the Agreement of any other documents as may be required under the Maharashtra Co-operative Societies Act 160 and the bye-laws made there under. Thanking you,