Fit-out possession of flat in Avenue I, Global City, Virar - Should we accept it?

Q: Hello All...We have a flat in Avenue I, global City virar. This month we are being offered 'fit-out possession' in lieu of final payment. My question is how it can be different from actual possession? Should we accept it? Do we have an option to reject it and wait?
Thanks.

Pratima, Apartment Resident

12th October 2015

Legal in Mumbai

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avenue i

global city

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fit out possession

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under construction apartment

global city virar

fit out possession of flat

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Replies (4)

Hi All, let me inform you that in the last year, we got the OC also...despite our will, we took the fit-out possession. However, we had to wait for a whole year to get the OC.

Pratima, Apartment Resident

28th April 2018

Comment

Hello mam need your mobile number as I am also facing the same problem

Aditya BHagat, Mumbai

10th March 2016

Comment

Thanks Rakshit and Rajesh...but then are we legally in a position to hold last payment and reject their offer till they give final possession?

Pratima, Apartment Resident

13th October 2015

Comment

Hello Pratima,
It might be happened that builder is unable to obtain occupancy certificate because he is unable to meet statutory requirements. For example, no fire clearance, electricity connection etc. Developers with delayed projects are offering this to wash their hands of their responsibilities.

Rakshit, Mumbai

27th October 2015

Yes, and when they pressurized by home buyers, offer possession just for fitouts in under-construction towers which could pose a serious risk to residents because of construction activity and lack of safety measures. Also, the moment builder offers these pre-mature letter of fitout , penalty meters stops and maintenance meter starts.

Bikram, Mumbai

28th October 2015

I know that you all have been under the burden of RENT + EMI and want to move in to your apartments at earliest. However, one should be careful and think about the safety of their families. While some of the genuine builders have offered such letters in good spirit. Fit out possession is illegal and a crime and buyers should protest this.

Varun,

29th October 2015

Any one having a flat in Avenue I Global City Virar please call me 9322253004

PARAS SHETTY , Apartment Resident

11th April 2017

I have bought a flat in Global City Virar Avenue I,for the investment purpose. I got the letter for FIT out possession earlier but I refused taking the delivery of the flat without OC. Our flat agreement is shit, we can't even complain to any authority or bodies. Moreever, there is no price appreciation in last five years. Question is, how long we have to wait for getting the OC? Whom should we approached to either return our money with interest or give us the OC?

Manglesh Panchal,

6th September 2017

Hi,
Fit-out-possession is a term given to a possession which still has legal or so civil work left. By offering possession of not fully ready apartments, builder is washing his hands off. He is putting the responsibility on you. In case of any eventuality/disaster, the responsibility would come on the residents. So, never go for fit-out-possession.

Rakshit, Mumbai

13th October 2015

Comment

Rakshit is absolutely right. We should avoid fit-out-possession. Builders are offering letter of fitout without obtaining necessary approvals such a fire safety certificate, electricity connect, water connection, land payments dues etc. An incident like Fire etc. and authorities would be instantly throwing the residents out and may seal the complex itself. Why? because you have been residing in a building that does not have a Occupancy Certificate. In such cases you end up loosing insurance claim damages from unforeseen events and theft/burglary etc.

Rajesh, Delhi-NCR

13th October 2015