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OC stands for Occupancy Certificate. It’s a legal document that verifies that a building is safe to live in and has been constructed as per the approved plan.
Why is an OC important?
- Safety: An OC ensures that the building is safe to live in and meets building codes and regulations.
- Legality: An OC establishes that the building is legal and protects buyers from purchasing properties that are not authorized.
- Utilities: An OC is required to get essential services like electricity and water.
- Home loans: Banks and financial institutions require an OC to approve home loans.
- Resale: A property with an OC has a higher market value and is easier to resell.
How does a builder get an OC?
- The builder applies to the local municipal authority for an OC after construction is complete.
- The authority inspects the property to ensure it meets the approved plan and building laws.
What happens if a building doesn’t have an OC?
- The property may be considered illegal and could face penalties, including demolition.
- It could be difficult to get utility connections or apply for a home loan.
Photo by Tim Mossholder on Unsplash
