Occupancy certificates - Do I need it
Download as PPTX, PDF0 likes494 views
An occupancy certificate (OC) is essential for confirming that a property has been built according to approved plans and municipal regulations, allowing it to be legally occupied. It is crucial for obtaining utility connections, applying for loans, and reselling the property, as a lack of an OC can render a structure unauthorized and subject to demolition. Developers are typically responsible for obtaining the OC within 30 days of project completion, but buyers can also request it by submitting various necessary documents.
Occupancy certificates - Do I need it
- 2. Absolutely yes! An occupancy certificate or OC for short is the most important document you need to possess and there’s a reason. Issued by the local municipal authorities after a check by the engineer, OC is a certificate that reassures any buyer the property is constructed according to the plan approved by the corporation. It’s the one document that shows to the world that the project or property has been built according to the laws of the land and has adhered to the municipal regulations and codes. The OC is the document you need to submit to the authorities when requiring any water connection, telephone connection, electricity board connection etc… This document is the proof that the property is ready and fit to be occupied.
- 3. The OC is the legal document that ascertains the status of your property. Without an OC any structure can be deemed as unauthorized and encroached. They can go to the level of demolishing it. For applying loans and reselling your property, you need an OC. You can apply for OC within 30 days of completing the project. It’s generally the responsibility of the developer but you can also get an OC.
- 5. You have to submit the following documents for the OC: • Project commencement Certificate • Project completion certificate • NOC’s from various departments for fire and pollution. • Latest Tax payment receipt • Copy of the property’s sanctioned plan You are in your rights to sue the developer if he does not provide you an OC. Many of the acts like RERA come in support of the consumer, but it should be your responsibility to act for these documents.
- 6. KG Signature City 200 Feet Bypass Road, Poonamallee - Avadi High Rd, Abhirami Nagar, Mogappair, Chennai, Tamil Nadu 600037 Phone: 044 2499 9999 Website: http://www.kgbuilders.com Landowners: lands@kgbuilders.com Sales (Buy flats / Office rent): sales@kgbuilders.com