An occupancy certificate is a critical legal approval for any completed building issued by the local civic body. It certifies that the building is now ready for occupancy and has been constructed as per all the approved plans and in compliance with the local laws.
Importance of Occupancy Certificate
OC is an important legal document that authorizes the safety of the property. OC serves as a proof that the construction of the building is complete and it has adhered to all the local rules and regulations.
– OC is needed for verification whenever you opt for home loans from banks and other financial organizations.
– You cannot sell your home at a good price if you do not have an OC
– Municipal corporation does not provide facilities like water, electricity and sanitation without occupancy certificate
– Without OC, the building can also be termed as illegal and the local authority can take legal action.
Note – Older buildings may not have an Occupancy certificate, but all new developments must have an OC
Who Can Apply for an Occupancy Certificate?
It is a developer’s responsibility to get the occupancy certificate and make it readily available for the future homeowners. In Maharashtra, the Municipal Corporations, Councils, Local Approving Bodies issues the occupancy certificate.
How To Check the Occupancy Certificate of a Property?
According to RERA, it is mandatory for all the builders to update the status of the project regularly on the RERA portal. If your property is registered under RERA, you can check the occupancy certificate online on the web portal of the respective state’s RERA.
If you’re not able to find the OC on the RERA portal, you can directly reach out to the local authorities to know these details.
Sample Part Conditional OC
