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Builders begin offering possession without occupancy certificate

Priya Singh | 2023-12-04

GREATER NOIDA: Four days after a Uttar Pradesh Real Estate Regulatory Authority (UP-Rera) notification that builders can offer possession to buyers if occupancy certificates (OCs) are delayed by the authority, developers have started offering possession in ready complexes.
Noida-based Logix Group has offered possession to around 300 buyers at the Logix Blossom County project in Sector 137, which is located along the Noida-Greater Noida Expressway.
Noida-based Logix Group has offered possession to around 300 buyers at the Logix Blossom County project in Sector 137, which is located along the Noida-Greater Noida Expressway.
The authority, as per norms, is supposed to issue OCs within seven days of application. If the officials need some clarification, document or changes in a project, the same has to be intimated to the builder within seven days and the OC issued once all deficiencies are completed.

Apart from Amrapali Group’s six housing projects, where 10,000 apartments are waiting for registries to take place, there are around 30,000 flat buyers in the district who are waiting for registrations and flat possession, Noida authority officials said. Greater Noida has about 10,000 such buyers.

There are many cases wherein the issuance of occupancy certificate is delayed over technical reasons. As a result, an apartment owner has to suffer even after paying the total flat cost.