Occupancy certificates
Flat owners in Pune can now relax as they needn’t pay fines for living in apartments that doesn’t have a completion certificate. Previously, people who were residing in flats that didn’t have the necessary document had to pay three times the property tax as fine. But the Pune Municipal Corporation (PMC) has now done away [...] Continue Reading »
Delay in delivering flats in high rises on time has led to purchasers occupying their homes before receiving their occupancy certificates that are obtained for the projects by the builders. Property developers are supposed to obtain occupancy certificates from the nearest gram panchayat or municipality in whose area the property is located. Delay in completion [...] Continue Reading »
Bruhat Bengaluru Mahanagara Palike (BBMP) has cancelled partial occupancy certificates for few blocks in IBC Knowledge Park on Bannerghatta Road. According to BBMP’s notice which was issued in December last week, Block C and Block D of the Knowledge Park did not comply with the building guidelines by IBC group developer. The partial occupancy certificate [...] Continue Reading »
The commissioner of Bruhat Bangalore Mahanagara Palike (BBMP), MK Shankarlinge Gowda, announced on Tuesday, that the authority is looking for more partnerships with realty developers in building houses for economically weaker sections (EWS) in the city. During the interaction of BBMP with Confederation of Real Estate Developers’ Association of India (CREDAI), Adarsh Developers M.D, BM [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) had conducted MHADA lottery in 2010 to sell its flats, but the lottery winners haven’t got their flats yet. It was the third time MHADA conducted the lottery scheme in order to allot flats in Mankhurd-Mandale belt. Since then, around 3000 lottery winners are still waiting to shift [...] Continue Reading »
There is an exemption given to small builders in concern with claiming Occupancy certificates! The Occupancy certificates from now onwards will not be mandatory for the buildings which will be constructed on site measuring 100 square meters with height up to seven meters. This is applicable for properties in Hyderabad! The Municipal Administration and Urban [...] Continue Reading »
