OC not provided and only A khata

Q: I heard from the builder that they will not provide OC certificate and only A khata will be provided . Can i buy this property ?

Prabhu, Apartment Resident

9th June 2016

Buying property in SLV RK Signature, Hennur Road, Bangalore

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Occupancy certifciates are a must for property buyers, as resale of these properties becomes a huge challenge without them. It is almost impossible for the new resale purchaser to avail the home loan without the OC.
Hence it is crutical for home buyers of under construction and ready to move in apartments to understand the status of OC/CC. One of my friends mentioned that you can avail OC/CC verification services from Zippserv (https://www.zippserv.com/property-inspector/technical-verification-flat-bangalore.html), where a qualified civil engineer will visit the site and lets you know the exact "deviation" in your complex. If dieviations are in excess of 10% there are less chances of getting the OC. The prices looked very reasonable. I thought this is a great service and wanted more people to know about it.

Sharath C, Bangalore

28th July 2016

Comment

According to experts, the realty boom across the city has resulted in many ‘fly-by-night’ builders resorting to such illegal practices so as to make a fast buck. This resulted in a break-down in the system with lack of transparency adding to the woes of the authorities. Moreover, the lack of concrete regulations and buildings norms has resulted in many unscrupulous builders constructing residential projects without proper approvals and environment clearances. It is advisable, not to go for such kind of properties.

Rakesh, Bangalore

10th June 2016

Comment

The Karnataka government making it mandatory for builders to provide home buyers with an OC. The Karnataka Chief Minister said that the government plans to take stringent action against those errant builders flouting building bye-laws by not providing home buyers with an Occupancy Certificate. Thousands of home owners are facing a similar plight of not being provided with an OC.

Nagesh, Bangalore

10th June 2016

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