Hi Amit, I checked with other projects in Bangalore and found that the issues which I mentioned earlier are there in most of the projects, even with the big projects. And the projects with all clear papers are either with rates too high or the locality is not good. So I think with the prime location of daffodils, the rate is reasonably good and will have a good appreciation in future. So I am rethinking :)Hi Amit, I checked with other projects in Bangalore and found that the issues which I mentioned earlier are there in most of the projects, even with the big projects. And the projects with all clear papers are either with rates too high or the locality is not good. So I think with the prime location of daffodils, the rate is reasonably good and will have a good appreciation in future. So I am rethinking :)

Please share your views after reading this.I am quite sure this might be a useful information regarding OC. The OC for the Building/Complex is required by you only if you are going in for a bank loan to purchase the flat there in the complex because the bank requires it as a document to approve the loan for the property. Without that OC, the bank will not approve the loan and hence you cant buy it on Loans/EMI or bank funding. Now, when does one get OC? You can get it only after the building is completed, fully ready to occupy. Not before that. Then how do banks approve the loans without OC since all of you anyway buy flats everyday all over Bangalore?Please share your views after reading this.I am quite sure this might be a useful information regarding OC. The OC for the Building/Complex is required by you only if you are going in for a bank loan to purchase the flat there in the complex because the bank requires it as a document to approve the loan for the property. Without that OC, the bank will not approve the loan and hence you cant buy it on Loans/EMI or bank funding. Now, when does one get OC? You can get it only after the building is completed, fully ready to occupy. Not before that. Then how do banks approve the loans without OC since all of you anyway buy flats everyday all over Bangalore?

During the construction of the project, banks are not aware or will not know to what extent the builder will deviate from the approved plan. So, the question of deviation or OC can not be guaranteed. Since banks exist in this world to do business and not bother about your OC, they will give you the loan during construction stage anyways (as they do not know about deviation since the builder will not tell the bank or you nor do you care. You care only about your bank loan. Period). When you put up your flat for resale - the next guy who comes to buy your flat can not buy it from you if you dont have a OC for the complex. Since this new buyer new guy will also depend on a bank loan to purchase it just like you, he will not be able to buy it as his bank will reject the Loan Papers for want of the OC that you could not provide (since your builder did not provide it to you).During the construction of the project, banks are not aware or will not know to what extent the builder will deviate from the approved plan. So, the question of deviation or OC can not be guaranteed. Since banks exist in this world to do business and not bother about your OC, they will give you the loan during construction stage anyways (as they do not know about deviation since the builder will not tell the bank or you nor do you care. You care only about your bank loan. Period). When you put up your flat for resale - the next guy who comes to buy your flat can not buy it from you if you dont have a OC for the complex. Since this new buyer new guy will also depend on a bank loan to purchase it just like you, he will not be able to buy it as his bank will reject the Loan Papers for want of the OC that you could not provide (since your builder did not provide it to you).

So, how do you sell then? You will have to find a fully funded self financed cash ready guy to buy your flat (somebody who will not go in for a bank loan). The other solution is Private Banks like Axis Bank, ICICI Bank do provide loans for such purchases even if the OC is not available. It is only Government Banks or Nationalised Banks which play havoc with your life when you ask for a loan when they insist on a OC from you. Not having a OC does not mean that the building will be demolished. Usually, builders construct the entire top floor illegally. For example, if a G+4 is approved by BBMP, they will construct the 5th floor with another 2 dozen illegal flats. However, they dont sell it to you. So, how do you sell then? You will have to find a fully funded self financed cash ready guy to buy your flat (somebody who will not go in for a bank loan). The other solution is Private Banks like Axis Bank, ICICI Bank do provide loans for such purchases even if the OC is not available. It is only Government Banks or Nationalised Banks which play havoc with your life when you ask for a loan when they insist on a OC from you. Not having a OC does not mean that the building will be demolished. Usually, builders construct the entire top floor illegally. For example, if a G+4 is approved by BBMP, they will construct the 5th floor with another 2 dozen illegal flats. However, they dont sell it to you.

Because they know it is illegal/unauthorised. What they do is - they keep it for themselves to let-out/rent out and use that entire illegal top floor for Rental Income risking the demolition of only the illegal top floor if ever and when the BBMP actually comes to demolish it (only the illegal top floor). In such cases, the builder will be the loser and he will lose that illegal top floor. The same is true for Pent Houses too which are constructed as "Deviation". In 99% of the cases, builders openly tell you that it is "deviation" and "unauthorised". They say so, openly, frankly even about the entire top floor - if constructed illegally.Because they know it is illegal/unauthorised. What they do is - they keep it for themselves to let-out/rent out and use that entire illegal top floor for Rental Income risking the demolition of only the illegal top floor if ever and when the BBMP actually comes to demolish it (only the illegal top floor). In such cases, the builder will be the loser and he will lose that illegal top floor. The same is true for Pent Houses too which are constructed as "Deviation". In 99% of the cases, builders openly tell you that it is "deviation" and "unauthorised". They say so, openly, frankly even about the entire top floor - if constructed illegally.

Moral of the story: 1) You can buy a flat in a complex even if it does not have a OC. 2) You can take Housing Loans from Private banks to buy a resale apartment in a complex which does not have OC 3) 95% of all buildings in Bangalore are all done with deviation with illegal/unauthorised constructions in the top floor either with a swimming pool or so. Anything on the terrace/top floor is unauthorised/illegal - especially if it is not shown/approved in the Sanctioned Plan by BDA or BBMP - depending on the jurisdiction. Moral of the story: 1) You can buy a flat in a complex even if it does not have a OC. 2) You can take Housing Loans from Private banks to buy a resale apartment in a complex which does not have OC 3) 95% of all buildings in Bangalore are all done with deviation with illegal/unauthorised constructions in the top floor either with a swimming pool or so. Anything on the terrace/top floor is unauthorised/illegal - especially if it is not shown/approved in the Sanctioned Plan by BDA or BBMP - depending on the jurisdiction.

4) People already living/owning flats in buildings without OC have to worry only if they want to sell and want a profitable exit and if their buyer is a guy who is coming in with a Housing Loan in mind - that too especially only if he is insisting on a Nationalised Bank Housing Loan. You should educate him and encourage him to go to a Private Bank for a Loan to buy your property and thus make it a win-win situation for both of you. 5) Dont worry - nobody is going to bulldoze your building and throw you on the streets just because your builder did not give you an Occupancy Certificate for the building. Only that illegal floor at best may be demolished one day sometime in the next 20-30-40-50........years if the Supreme Court orders.4) People already living/owning flats in buildings without OC have to worry only if they want to sell and want a profitable exit and if their buyer is a guy who is coming in with a Housing Loan in mind - that too especially only if he is insisting on a Nationalised Bank Housing Loan. You should educate him and encourage him to go to a Private Bank for a Loan to buy your property and thus make it a win-win situation for both of you. 5) Dont worry - nobody is going to bulldoze your building and throw you on the streets just because your builder did not give you an Occupancy Certificate for the building. Only that illegal floor at best may be demolished one day sometime in the next 20-30-40-50........years if the Supreme Court orders.

Hi Amit, My main concern here is the builder has got approval for G+3 floors but they have already built the structure for 4th floor as well.So we are not sure if Builder will be able to provide the Occupancy Certificate after the completion of the project due to violations. Did you get the documents verified already by any advocate ? Hi Amit, My main concern here is the builder has got approval for G+3 floors but they have already built the structure for 4th floor as well.So we are not sure if Builder will be able to provide the Occupancy Certificate after the completion of the project due to violations. Did you get the documents verified already by any advocate ?

Hi Amit, Nimal, I am also planning to book a flat in United Daffodils. The location of the project is indeed good but what my major concern here is water issues in the locality. The builder claims to provide Kaveri water in the apartment but not sure how far it is true. Also one of my friend owns an apartment at VRR Homes just nearby who indicated that water is dried completely on that area and none of their borewells are fetching any water. Would really appreciate if you guys can contact in my email mailbabaray@gmail.com so that we can discuss the pros and cons and evaluate !Hi Amit, Nimal, I am also planning to book a flat in United Daffodils. The location of the project is indeed good but what my major concern here is water issues in the locality. The builder claims to provide Kaveri water in the apartment but not sure how far it is true. Also one of my friend owns an apartment at VRR Homes just nearby who indicated that water is dried completely on that area and none of their borewells are fetching any water. Would really appreciate if you guys can contact in my email mailbabaray@gmail.com so that we can discuss the pros and cons and evaluate !