occupation certificate
Even though, the BMC is thinking to regularize the illegal flats at Worli’s Campa Cola Compound, it is still to initiate the much promised project to register builders and hold them accountable in case of illegalities. In the light of the proposed demolition of around 35 illegal floors at the Campa Cola Compound, the civic [...] Continue Reading »
Maharashtra government is all set to have a first-of-its-kind housing regulator. Orders can be passed by the regulatory body so that 10 per cent of the total project can be transferred to buyers who can sell it further in the market to cross-subsidise the construction cost. To achieve this, builders will not be allowed to [...] Continue Reading »
Though, buildings without an occupation certificate (OC) aren’t unheard of in the city. Nevertheless, in the Tilak Nagar area of Kurla, a bunch of about 18 societies stand without any OC despite them being built around four years earlier. These are renewed buildings of the Maharashtra Housing and Area Development Authority (MHADA). The housing authority [...] Continue Reading »
While making his position clear on tackling the alleged nexus between the BMC officials and construction lobbies, the Maharashtra Chief minister Prithviraj Chavan admitted that development charges of Rs. 102 crore is yet to be recovered from the developers. It is to be noted that the usual procedure is that BMC recovers this charge from [...] Continue Reading »
One of the senior town planners (STP) in Gurgaon has directed the developers of Orchid Petals apartments in Gurgaon to declare RWA elections. The RWA elections is kept pending since a year and now finally the elections are said to be slotted by May 4. The Orchid Infrastructure Developers Pvt. Ltd (OIDPL) has been directed [...] Continue Reading »
The Mira Bhayander Municipal Corporation (MBMC) are selective in targeting builders who flout occupation certificate (OC) norms. Small-time builders alleged that they were being harassed and threatened with police complaints by the municipality. While FIRs are being filed against small-time builders, no cases have been so far registered against the big developers who have massive [...] Continue Reading »
The budget 2010-11 had imposed 10 per cent service tax on under construction property. The property is considered “under construction” till the builder receives a “completion certificate”. According to Source, Service Tax is applicable only on property under construction or where a completed building has not received its occupation certificate. If the entire amount for [...] Continue Reading »
