Necessary to obtain Possession Letter and Occupancy Certificate from Builder
5 years ago
I am going to purchase a 3 bhk builder floor in Jaipur city from a local builder. The building is G+3 and project is not registered in RERA. Project has stilt floor for common parking, one lift and two stair cases.Total no of floors are 3 and each floor has 4 flats ( 2 no 3bhk & 2 no 2bhk).
A sale agreement is already executed between buyer and seller with some booking amount through cheque. Cheque no is also mentioned in the agreement.Now we are going for the registration process very soon and still some outer work of the building is in progress & pending.
I have some queries like-
a) In my case is it necessary to take Possession letter and Occupancy Certificate from builder as project is not registered in RERA.
b) If yes then, what will be the procedure and what papers will require for the same?
c) Can i hold some amount of builder after the registration till i received the Occupancy Certificate?
Deepak Yashwantrao Bade
Responded 5 years ago
ROBERT D ROZARIO
Responded 5 years ago
(i) The possession letter is issued by the developer in favour of the buyer stating the date of possession of the property.
(ii) A Completion Certificate (CC) is issued only after the construction meets the building standards like distance from the road, the height of the building, and rainwater harvesting system. A CC alone cannot legalise occupation; the OC is a must.
(iii) An OC certifies that the construction of the building has complied with the approved plans. It is issued by local municipal authorities or the building proposal department once the building has been completed and is ready to be occupied. Simply put, without an OC, your building has not been awarded a ‘pass certificate’.
(b) & (c) Come on paid consultation. You can contact me through Vidhikarya.
Anonymous
Replied 5 years ago
Thanks a lot sir for the needful informations.
Rajeev RJ
Responded 5 years ago
Regards
Rajeev
RJ Associates
Trivandrum
Anonymous
Replied 5 years ago
Thank you Sir.
Extra amount for completion of project
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