Did You Know That Partial Occupancy Certificates Are A Must For Phase-Wise Properties?

Partial OC

Let’s talk about Partial Occupancy Certificate today. Occupancy Certificate (OC) is issued by the statutory local development authority while taking possession of a property. This certificate authorises the builder to allow homebuyers occupy the premises. The certificate is mandatory for buildings with more than five units. Partial OC is issued for large projects that are being built in various phases or blocks. The moment a specific phase is complete, the concerned authority, BDA in case… Read More »

Impact of Demonetization on Real EstateWatch
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