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Possession of flat without occupancy certficate
05-Jul-2023 (In Property Law)
Is it advisable to take the possession of the flat (property based in Mumbai ) before the Occupation certificate is received.
What is the obligation of the builder in this regard under RERA.
Hello,
Home at risk – Flat without OC
1. Without a valid OC, your occupancy is illegal as it can be classified as an unauthorised structure by the authorities.
2. OC is crucial while applying for a home loan or loan to purchase a resale flat. You cannot even sell your property without a valid OC in hand.
3. Key amenities like water, sewage connection, electric supply, etc, can be disconnected in case you do not have an OC.
Home at risk – Flat without OC
1. Without a valid OC, your occupancy is illegal as it can be classified as an unauthorised structure by the authorities.
2. OC is crucial while applying for a home loan or loan to purchase a resale flat. You cannot even sell your property without a valid OC in hand.
3. Key amenities like water, sewage connection, electric supply, etc, can be disconnected in case you do not have an OC.
Helpful?
Adv. Chinnmay S. Shah
Mumbai | 200+ Answers
CONTACT NOW
Dear Querist,
What is the date of possession? It is advisable that not to accept possession without occupation certificate. If the builder is not furnishing OC then you can file a complaint before RERA.
Regards,
Rakesh V. Misar
Kachwala Misar & Co
Advocates & Solicitors
Mumbai
What is the date of possession? It is advisable that not to accept possession without occupation certificate. If the builder is not furnishing OC then you can file a complaint before RERA.
Regards,
Rakesh V. Misar
Kachwala Misar & Co
Advocates & Solicitors
Mumbai
Helpful?
Adv. Rakesh Misar
Mumbai | 200+ Answers
CONTACT NOW
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