More than 700 projects have delayed OC in Maharashtra
Real Estate

More than 700 projects have delayed OC in Maharashtra

More than 700 projects have delayed occupancy certificate (OC) in Maharashtra, although developers had applied for OC on time, informed Gautam Chatterjee, Chairman, MahaRera, as he spoke at CREDAI’s YouthCon-19, recently held in New Delhi. 

According to him, there were 700 projects in Maharashtra alone where developers had submitted all the documents and applied for OC well in time but all their efforts were stonewalled by a single officer who had the authority to grant the OC.

Although the approvals had been given by the same planning authority, Chatterjee stated that he failed to understand why the officer representing the same planning authority took so much time to grant the OC to the project, which had been built in accordance with the commencement certificate. He suggested the mechanism of outsourcing the process of granting OCs to multiple agencies with a panel of planners and architects to check and grant OCs to projects, so as to break the monopoly of the single officer who had the power to delay the OC without any reason owing to his lacklustre attitude. 

In fact, he offered this opinion in response to a query by Nayan Shah, President CREDAI-MCHI, who expressed the view that developers are looking for the day when approval authorities could come under the ambit of RERA. 

More than 700 projects have delayed occupancy certificate (OC) in Maharashtra, although developers had applied for OC on time, informed Gautam Chatterjee, Chairman, MahaRera, as he spoke at CREDAI’s YouthCon-19, recently held in New Delhi. According to him, there were 700 projects in Maharashtra alone where developers had submitted all the documents and applied for OC well in time but all their efforts were stonewalled by a single officer who had the authority to grant the OC.Although the approvals had been given by the same planning authority, Chatterjee stated that he failed to understand why the officer representing the same planning authority took so much time to grant the OC to the project, which had been built in accordance with the commencement certificate. He suggested the mechanism of outsourcing the process of granting OCs to multiple agencies with a panel of planners and architects to check and grant OCs to projects, so as to break the monopoly of the single officer who had the power to delay the OC without any reason owing to his lacklustre attitude. In fact, he offered this opinion in response to a query by Nayan Shah, President CREDAI-MCHI, who expressed the view that developers are looking for the day when approval authorities could come under the ambit of RERA. 

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Get CW App