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 Estate

real estate bangalore

Hope is the name of the game in the housing sector these days. Demonetization has simply elevated the optimism levels in the country, There is indeed a good reason for such a welcome vibe –  The Banking sector  is expected to be more liquidated with at least about  20 lakh crore rupees of fresh money flowing into the market in the coming 2 to 3 months. With that much money, the banks can only get… Read More »