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Why Occupancy Certificate Is So Important When Buying a Home

Importance of  Occupancy  Certificate

Buying a home in Pune is a dream come true for several individuals. They get super excited when their dream finally comes true. So excited in fact that they sometimes forget all about the documentation that goes along with owning a home. Documentation is important for so many reasons, such as access to Civic Amenities which can actually be denied to you, if you do not have Possession Letter and Occupancy Certificate. Just having one of the documents is not enough though with the authorities requiring both documents from the property developer before they can start to fully enjoy their homestay.

This can happen to virtually anyone. Most people are not even aware of the documentation required when purchasing a home or when the home buying process is over. When projects get delayed to form the builder’s end, buyers start to panic and focus more on the taking possession rather than the documentation requirements that follow.

Possession Letter

A possession letter can only be considered as a partial proof of ownership. It does not give you the legal right to a property. In fact, the developer only issues a possession Certificate to the buyer to give a guideline of sort of the completion date of the project. If you need to have any rights to a property, a possession certificate will not be able to help. A possession certificate can, however, be used when you need to apply for a loan. Banks providing loans check for a valid possession letter before even beginning the process of disbursing the loans.

Conditional Possession

In certain situations, home buyers may not be fully satisfied with the properties they have been handed. In such situations they property owners have to consider not taking possession. The home, the building is not built up to the standards as requested. The material used was of a bad quality, repairs are still pending, delays in handing over the completion certificate, there could be a whole lot of reasons to not accept possession.

In such a scenario you have to take a conditional possession certificate from the builder. It normally implies that you are taking possession of the property on the condition that your requirements are met. The requirements could be in the form of task completion or repairs. If your conditions are not met then you can even take the builder to the court.

When you seek advice from the most trusted channel partner in Pune, Propbuying this issue probably will never come up, but it is always best to have all the information available to you.

Occupancy Certificate

An occupancy certificate is proof of completion of the project as per the plan that was pre-approved. Everyone must be made aware of the importance of the occupancy certificate. You have to collect the occupancy certificate from the builder upon project completion. The builder, in turn, needs to collect the certificates from the local town planning authorities. Generally, builders fail to get OC when they haven’t met all the construction guidelines mentioned in the approval letter.

An occupancy certificate also ensures that the local civic bodies have come and checked the building and passed it for occupancy.


An Occupancy Certificate is a really important document that every home buyer needs when taking possession of a new flat. Some people consider the possession letter the same as the occupancy certificate. But that could not be further from the truth. PropBuying, Pune’s biggest channel partner has noted down the difference between the various documents required after you buy a home. Remember you do not and should not accept possession of the property without the occupancy certificate from the builder.

This post first appeared on Propbuying Reloters Pvt Ltd, please read the originial post: here

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Why Occupancy Certificate Is So Important When Buying a Home


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