Owning a home involves years of hard work, research, and paperwork. Upon completion, you register the property and take possession of your apartment. However, what if the authorities evict you from your dream home due to unauthorized construction?
A crucial link in the property sale process known as the Occupancy Certificate (OC) could turn this nightmare into a reality.
Owners have occupied most apartments in different Indian cities without any occupancy certificate. This oversight can become costly, jeopardizing your dream home’s legal status. Occupancy certificates seal your property’s legal status and protect your ownership rights, so they cannot be overstated.
• Occupancy certificates are issued based on the following factors:
• In the event that the property is constructed in accordance with the law and the approved plans.
• Is the building code-compliant
• In case it meets all the basic needs, such as drainage, electricity, etc.
• If all clearances, including the NOC from the fire department, have been obtained
A Property Owner’s Guide to Occupancy Certificates
An occupancy certificate guarantees that a property is fit for use and prevents accidents or dangerous conditions from emerging. Because these certificates are not required for registering property, most home buyers overlook or ignore collecting these documents from previous owners.
Some homes located in the premium locality in south Mumbai, such as 3 & 4 BHK luxurious sea-facing flats in Vraj Tiara located in Worli, provide OC Received (up to 30th floor) with ample car parking, 2 high-speed elevators, security features such as 24 x 7 CCTV and concierge and grand reception area with art gallery in the lobby. These homes are strategically located close to all daily conveniences, reputed schools, and healthcare making it a very
Summary:
You must receive an occupancy certificate from the builder to secure government/municipal services such as electricity and water supply.