Only upon receiving the occupancy certificate (OC),a home buyer can move into his/her new apartment. Usually, Bruhat Bangalore Mahanagara Palike (BBMP) provides this certificate. It is compulsory for each residential complex, which is larger than five units, in order to get hold of the occupancy certificate. Without receiving the occupancy certificate, it is considered unlawful to move into a flat or house.
It is only once the Palike receives information from the buyer or the owner laying stress on the fact that the construction has been completed that the occupancy certificate is processed. Subsequently, the builder is required to fill up an occupancy certificate application form in order to issue the certificate. Moreover, the builder is also required to give in to a few other documents that are listed in our forum “Documents required occupancy certificate Bangalore”.
The BBMP authorities would later examine the complex and later check whether it has been finished according to the permitted plan. It is only after they are satisfied of this fact that they issuance of the certificate is carried out. But, if in case there are any deviations from the plan, up to five percent, then a fine would be levied based on the extent of deviation made. It is only once the fee is paid, that the occupancy certificate would be issued. More details on fine can be checked on, “Occupancy certificate Bangalore deviation fines”.
When do we get occupancy certificate?
Generally, once the construction is completed, the builder of the flat issues occupancy certificate. According to the legal terms, every owner/builder is required to submit an application for the OC within 30 days of completion of the building to the commissioner. Then, the commissioner, informs the applicant within a 30 day time frame as to whether the application has been rejected or accepted. It is a must that the buyer must surely get the occupancy certificate beforehand signing the agreement or moving into the flat.
Is Occupancy certificate important?
Usually, Occupancy certificate(OC) is required by a buyer when he/she is officially moving into a flat. Without the occupancy certificate,it is not legal to move into a flat. In some cases, in case the owner of the flat does not have occupancy certificate, then he/she can be compelled to vacate the flat.
When the buyer applies for a Khata, then occupancy certificate is required. But, it must be noted that the occupancy certificate will not be required for registration of the property during purchase. However, due to this reason, buyers often believe that the occupancy certificate is not that important. It is only when a buyer thinks to apply for Khata, that he/she will face problems procuring it.
The BBMP authorities would later examine the complex and later check whether it has been finished according to the permitted plan. It is only after they are satisfied of this fact that they issuance of the certificate is carried out. But, if in case there are any deviations from the plan, up to five percent, then a fine would be levied based on the extent of deviation made. It is only once the fee is paid, that the occupancy certificate would be issued. More details on fine can be checked on, “Occupancy certificate Bangalore deviation fines”.
When do we get occupancy certificate?
Generally, once the construction is completed, the builder of the flat issues occupancy certificate. According to the legal terms, every owner/builder is required to submit an application for the OC within 30 days of completion of the building to the commissioner. Then, the commissioner, informs the applicant within a 30 day time frame as to whether the application has been rejected or accepted. It is a must that the buyer must surely get the occupancy certificate beforehand signing the agreement or moving into the flat.
Is Occupancy certificate important?
Usually, Occupancy certificate(OC) is required by a buyer when he/she is officially moving into a flat. Without the occupancy certificate,it is not legal to move into a flat. In some cases, in case the owner of the flat does not have occupancy certificate, then he/she can be compelled to vacate the flat.
When the buyer applies for a Khata, then occupancy certificate is required. But, it must be noted that the occupancy certificate will not be required for registration of the property during purchase. However, due to this reason, buyers often believe that the occupancy certificate is not that important. It is only when a buyer thinks to apply for Khata, that he/she will face problems procuring it.
No comments:
Post a Comment