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Home > Forum > Navi Mumbai > Residential Project Review > OC for NEWA Garden-Phase II which is nearing completion

OC for NEWA Garden-Phase II which is nearing completion

Q: I have heard that there is an issue related to the OC for this property considering it is falling in CRZ-2 area. Is it correct?? The banks are also providing loan for this property. Also let me know if OC is mandatory for resale of flat if obtaining loan from any bank.
Should i invest in this property? Please advise.

oc problem
buying properties in navi mumbai
residential projects in airoli
flats for sale in airoli
crz clearance
newa garden 2
properties in airoli
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Replies (2)
1
Oc is a required document. You can not sell your property in absence of OC. Yo have seen the result of Campa Cola Societies in absence of OC.
Ravi Waghmare


2
Hi,
A trip to the concerned department would be necessary. Better, take the advice of a legal expert. Are there any new development happening? Did you ask the builder for a copy of approvals?
Ravi Waghmare


Remember Rajiv,
As a investor it is our first duty that we should complete all checks. Verified the copy of documents which you have obtained from the developer. Oc is a required document to enter in to premises.
Anuj Gupta,  Mumbai
13th April 2015


3

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