Before buying a home, it’s crucial to acquire various documents from the builder and developer. Among these, the building completion certificate, also known as CC, holds the most importance. This certificate signifies the conclusion of construction and the readiness for occupancy of the building.
Though not obligatory for property registration, the building completion certificate holds significant value. It legalizes the property in line with regulations and is an absolute requirement for people to be allowed to inhabit the structure in question. Inhabitance without an occupancy certificate from local governmental bodies is prohibited, and unauthorized occupants can stand to face eviction and/ or hefty fines.
This certificate also holds relevance for securing a bank loan and is a prerequisite for property sale. To delve further into the significance, acquisition process, and required documents for the building completion certificate, a comprehensive guide providing information on obtaining this certificate is presented below.
What’s a Building Completion Certificate
A building completion certificate validates a real estate project’s legality. It’s granted by the relevant local authorities once residential or commercial construction is finished and ready for occupation. This certificate ensures compliance with approved plans and local development guidelines. Builders and homeowners require it to authenticate the project and access essential services like water and electricity.
The completion certificate includes vital details such as construction plans, height, and materials used. Local authorities inspect the project before issuing this certificate, assuring the property’s quality and adherence to pertinent laws.
Provisional Certificate of Completion
A provisional CC, valid for a limited period, is a temporary certificate. It allows partial occupancy within the six-month validity, after which a full completion certificate can be obtained.
Developers may issue a provisional building completion certificate to grant property owners partial possession of the structure, even if it’s not fully complete.
Certificate of Possession or Occupancy
Upon obtaining a certificate from local authorities, the developer must issue an occupancy certificate (OC). This certificate confirms compliance with building codes, safety standards, and suitability for habitation.
The OC, signifying municipal approval, allows occupants to legally inhabit the building. It’s only issued when the property is fully ready for occupancy.
Comparing Building Completion and Occupancy Certificates
A building completion certificate attests to adherence to approved plans and construction standards. It’s crucial for obtaining basic services.
An occupancy certificate, issued by the local municipality, confirms compliance with regulations and amenities for habitation. Both certificates are essential, with the completion certificate preceding the occupancy certificate.
Importance of Completion Certificate for Developers
For developers and builders, a completion certificate is necessary for legal validation. It includes crucial information about the building and confirms adherence to regulations. Key reasons for obtaining this certificate include applying for services, complying with laws, and obtaining an occupancy certificate.
Significance of Completion Certificate for Homebuyers
Homebuyers, developers, and builders should possess a completion certificate. It’s a prerequisite for an occupancy certificate, ensuring legal habitation, steady utilities, tax exemptions, and smooth property transactions.
Completion Certificate Information
A completion certificate is awarded by the local development authority or the municipal corporation, and it is a mandatory document. A CC attests that the building in question has been constructed in accordance to the safety regulations and norms laid down in the Buildings Act 2004. The certificate contains property, location, and construction details, as well as the builder’s name and relevant information. It also outlines compliance with area standards and regulations.
Obtaining a Completion Certificate
Builders and developers request a completion certificate upon finishing construction. Applications are submitted to local municipal authorities for evaluation and approval. The certificate is granted only after a successful inspection.
Required Documents for Completion Certificate
State-specific requirements dictate the necessary documents for obtaining a completion certificate. These include a completed application form, architect/engineer’s statement, approved construction plan, safety certificates, NOCs (sewage, water supply, fire department, electricity), and other pertinent documents.
Timeframe for Receiving a Completion Certificate
After the application, local authorities inspect the building. Upon successful inspection, the completion certificate is issued within 3–4 weeks, provided the structure meets regulations. Violations might lead to fines or corrective actions.
Significance of Completion Certificate
When purchasing a home, securing the building completion certificate is vital. Authorities only recognize buildings with this certificate. It ensures basic amenities, legality, and adherence to standards. Without it, obtaining an occupancy certificate or selling the property is challenging. Living on a property without this certificate is unlawful and could lead to penalties or eviction. Hence, it’s unwise to buy a property lacking this essential certificate.
So, now that you know about the certifications involved with construction, are you ready to explore new upcoming projects in Hyderabad. or find out why Hyderabad is one of the best places to settle down?
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FAQs
Q1: What is a Building Completion Certificate and why is it needed?
A: A Building Completion Certificate (CC) is an official approval from the municipal authority confirming that a building has been constructed per approved plans and legal norms. It’s essential for registration, utility connections, and obtaining an Occupancy Certificate.
Q2: Who issues a Building Completion Certificate in India?
A: The local municipal corporation or development authority, such as GHMC in Hyderabad or BBMP in Bangalore, issues the Completion Certificate after verifying compliance with the approved building plan.
Q3: What documents are required to apply for a Completion Certificate?
A: Common documents include the sanctioned building plan, commencement certificate, structural safety certificate, NOCs from utility departments, property tax receipts, and photographs of the completed building.
Q4: How long does it take to get a Completion Certificate?
A: It typically takes 2 to 4 weeks after submitting the required documents and completing the final inspection. Delays may occur if the building has deviations from the sanctioned plan.
Q5: What is the difference between Completion Certificate (CC) and Occupancy Certificate (OC)?
A: A Completion Certificate verifies that construction followed legal and approved plans, while an Occupancy Certificate allows the building to be legally occupied, confirming it’s safe and ready for use.
Q6: Can I register my property without a Completion Certificate?
A: In many cases, property registration is restricted without a valid Completion Certificate, especially in metropolitan areas. It also affects your ability to get utility connections or a home loan.
Q7: What are the risks of buying a property without a Completion Certificate?
A: Buying without a CC can lead to legal complications, difficulty in obtaining a home loan, issues in resale, and the possibility of demolition if found illegal.
Q8: Is a Provisional Completion Certificate legally valid?
A: A Provisional Completion Certificate is temporarily valid and usually issued when minor work is pending. A full Completion Certificate is still required for legal compliance and registration.
