occupation certificates (OC)
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 »
The BrihanMumbai Municipal Corporation (BMC) has ordered a probe into all occupation certificates (OC) issued by the civic body in the last 10 years against promised rainwater harvesting systems by builders. The announcement of the enquiry came after several corporators alleged that officials of the civic building proposal department had handed out OCs to builders [...] Continue Reading »
