Hi Guys, As per the latest news, GNIDA announced that builders need to get the completion certificate ,before selling apartments. If any builder will disregard this rule,then strict actions will be taken. Kindly discuss.
Hi Sai kumar, Recently I heard from news that, the Greater Noida Industrial Development Authority (GNIDA) has issued a public notification, saying that builders/developers are not allowed to hand over ownership of residential units to buyers without first getting the completion certificate and cautioned of strict action if the rules are not followed.
@ Sai, As per a senior GNIDA official, under procurements of the Uttar Pradesh Apartment Act 2010, it is compulsory for all builders/developers to get the original building plan approved from the development authority and after that sell apartments strictly when securing the completion certificate for the project.
The completion certificate must be gotten and deed of apartment must be implemented and registered by builder/developer before giving ownership of an apartment/flat. This move takes after repeated grumblings from many residents as well as property buyers that builders digress from the approved plans for their own benefits and drive them to take possession of apartments.
Hi Shilpa,
As per my knowledge, a completion certificate is an necessary and compulsory legal document certifying that a building has been developed and finished according to all the safety norms and regulations of the Buildings Act. It is compulsory that builders and developers give a copy of the completion certificate (CC) to the buyer buying the house.
When the project is finished, the local authority investigates the proposition on the basis of the building plan and the completion certificate, if it is fulfilled. The completion certificate ensures that the building has not broke any guidelines in that area. Then with a copy of this certificate, builder will apply to get water & electricity connection for the project.