munna What to do when builder fails to give Occupancy Certificate?

  What to do when builder fails to give Occupancy Certificate? There are several documents which are required during the purchase of a property but OC is a very important document which must be taken. Buyers have the right to take a legal action if developers do not give them the same. “If the developer sends a possession letter without OC, the buyer should resist such possession and refuse to pay the principal or the so-called interest claimed. In fact, if the developer breaches timelines, buyers can take necessary recourse from the law and approach the courts for relief. In case the developer forces or threatens the buyer to take possession without OC or claim interest, the buyer can draw the attention of RERA and/or Consumer Court... [More Details] How OC is the obtained? To obtain an OC, the following documents need to be submitted by the developer: 1. Copy of sanction plan 2. Building Commencement Certificate 3. Copy of Completion Certificate... [More Documents] Buyers’ remedy: A homebuyer is not a legal owner of the property unless the occupancy certificate is given by the relevant authorities. This certifies that the building has been completed as per the sanctioned plan. In several cases consumer forum has directed builders to obtain OC within the specified period or pay penalty to consumers. “I was offered a flat by my developer without an OC.                                     You have received this mail because you are a member of Fantastic Indiaa. To stop receiving these emails please Unsubscribe

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