Legal Question in Real Estate Law in India
OCCUPANCY CERT IN MUMBAI (rephrased)
In a building thats nearly complete, I have paid an initial amount to confirm interest in a flat.
The registration is fixed for the 1st week of May by which time, the OC application will be made - but the OC will NOT have yet been granted.
The builder wants me to pay 90% at the time of registration and 10% upon OC receipt.
QUESTION ( REPHRASED)
1. What are the worst-case implications of living in a non OC building ?
2. What could the authorities do, in the long term if this is never granted ?
Thanks
3 Answers from Attorneys
Re: OCCUPANCY CERT IN MUMBAI (rephrased)
The occupation remains illegal till OC is granted. The future course of action may not be determined at this stage till some action is taken/initiated by the authorities.
Re: OCCUPANCY CERT IN MUMBAI (rephrased)
Under MOFA, builder can deliver possession of flat only after OC.
Re: OCCUPANCY CERT IN MUMBAI (rephrased)
Already replied.
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