Legal Question in Real Estate Law in India

occupation certificate

hello,

i am planning to purchase a resale flat in thane ,India. It is 6 storey bldg. Flat is on the 4th floor. Now present owner is telling me that bldg has the o.c. but only upto 3 floors and now thay are applying for the o.c. for the rest of the floors. My question is in this scenario i should be going with flat or no?


Asked on 8/13/08, 4:08 am

3 Answers from Attorneys
Shrichand Nahar S.V.Nahar, Advocate

Re: occupation certificate

No.

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Answered on 8/13/08, 4:44 am
Siddhartha Bhattacharyya

Re: occupation certificate

It is a critical situation now prevailing over many other places. Fact is your title after purchase is good but the property itself does not bear a lawful identity. If OC is not granted in later time the entire property faces demolition. This is the legal position rest is upto you, I suggest do not go for it.

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Answered on 8/14/08, 10:45 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: occupation certificate

No

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Answered on 8/13/08, 8:07 am


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