Once a new project has been completed, a local government agency or development authority will issue an occupancy certificate.

The certificate attests that the project was built in accordance with all relevant building codes, regulations, and laws. The developer is responsible for acquiring an occupancy certificate after the project is completed. The certificate confirms that the structure is safe to live in. An OC is required when applying for water, sanitation, or electrical connections. To ensure the legal status of their property, homeowners must obtain an OC. Because a project without an OC is considered an illegal building, the local city government has the power to take legal action in the absence of a valid OC for a property. An OC is required when applying for a mortgage or buying a resale home. You’ll also need a legal OC when trying to sell your home.

If you want new construction projects in Mumbai? We have the best new project in mumbai

How can you really get your hands on an occupancy certificate?

Within 30 days of the project’s completion, a designer should apply for an OC. Anyone can also apply for an OC from the relevant corporation or municipal as an owner of the property. You should receive a copy of the OC between 30 days of applying if your project is delivered all of the standards for approval.

You need to provide the following documents as part of the application:

The project’s certificate of completion.

The project received a certificate of completion.

Fire and pollution NOCs have been issued.

The most recent tax reform legislation.

A signed copy of the approved building plan.

What is the difference between occupancy, completion, and possession certificates?

The authorities provide a certificate of completion after confirming that a housing project meets all livability criteria (CC). A property is only suitable for house buyers to take possession of once it has received a CC. An OC, on the other hand, is a document that verifies that the project met all applicable construction standards, building bye-laws, and other requirements. After receiving an OC, the builder can apply for numerous utilities for the project. As proof of transfer of ownership, the developer provides an ownership certificate to the buyer. It defines when the new buyer has become the owner of the property.

What does it indicate to have a Temporary Official Approval?

At any point, a temporary occupation certificate might be revoked. No authority’s rule book includes the term “temporary occupancy certificate.” A ‘half completion certificate,’ on either hand, ensures that the builder will be able to finish the towers on time. Buyers should be informed that a penalty plan has a five-year duration that can be extended for an additional two years for a cost. When a buyer receives a temporary OC, he must obtain a temporary OC from the builder as quickly as possible after the project is finished.

What Is the Importance of an Occupancy Certificate?

The Occupancy Certificate is a crucial document that must be secured before you can move into the project’s purchased home. It attests to the building’s completion and compliance with local ordinances and regulations. Following the completion of the project, the builder/developer is responsible for acquiring the Initial Approval. The certificate serves provides a verification that the structure is safe to occupy, and it is necessary when requesting for water, electricity, and sanitation connections from the municipal authorities.

The Occupancy Certificate is a legal document that you must have as a homeowner. The local government has the right to take legal action if the project does not provide this certificate because it is considered an illegal structure. In addition, an Occupancy Certificate is one of the documents that must be given when applying for a home loan. In addition, if you want to sell the property, you’ll need to have this certification.

Queries regarding Completion and Occupancy Certificates

Who is responsible for granting these certificates? The respective local civic bodies give completion certificates and occupancy certificates. (For example, in Bengaluru, the BBMP and in Mumbai, the BMC)

Who is required to apply for CC/OC? These certificates are required for all current and completed construction projects. Flat owners, on the other hand, can apply for an OC if the building has been occupied by them and no CC has been obtained at the time of taking possession.

If a portion of the building has been built and is ready to be inhabited, a partial CC/OC can be issued. However, it is not the same as a full CC/OC, which must be secured separately.

For OC, the mandatory documents:

• a copy of the building permit plan
• Certificate of Completion of The project
• a copy of the building final acceptance
• Receipt of most recent Property Tax

Copies of Pollution Board, Fire Department, or Airport Authority No Objection Certificate (NOCs).

A clearance from the National Green Tribunal (NGT) may be required in specific instances. Such clearances should, however, be secured during the plan approval process.

You can realize how vital some documents that have been overlooked can be. If you don’t have a certificate of completion or an occupancy certificate, you’ll be in big trouble and your family will have nightmares since your property ownership is on the line. In some cases, you might lose your dream home.

As a reason, it’s a good idea to keep up with the required documents for real estate purchases. And make a shortlist of the basis of certain characteristics on the documents’ basic due diligence.

You’re looking for New Upcoming Homes in Mumbai we have the best Options for you New Construction Apartments in Mumbai like Ready to Move Flats: https://navimumbaihouses.com/properties/search/mumbai-all/

If you want daily property update details please follow us on Facebook Page / YouTube Channel / Twitter