After vigorous efforts, many flat buyers in Noida have finally got their houses, but they are still having to wait for the registry of their flats in absence of occupation certificates (OCs) and completion certificates (CC).
Several builders have not paid their dues to the development authorities and this is the reason why they have not been issued OCs and CCs.
There are many such builders across the Gautam Buddha Nagar district who have outstanding dues running into crores of rupees.
These builders completed one project and started another without taking OCs and CCs of the completed projects from the authority concerned.
Why are OC and CC necessary?
The OC states that the building has complied with all the required building standards, local laws and it is safe to occupy. People are allowed to stay in it only after the issuance of an OC.
Similarly, the CC is given by the development authority concerned to certify that the building or the complex has been constructed by adhering to the approved plan and the set regulations of the authority. The CC is provided to buyers so that they can take possession of their flats.
Naveen Mishra, a resident of AIIMS Golf Avenue 1 in Sector 74, said that he invested his hard earned money in buying a flat and when he reached there, he came to know that the builder has not taken OC and CC yet. As he had spent all his money so he started living there and is still waiting for the registry of the flat. Until the registry is done, he cannot even sell his flat.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)