More than 700 projects have delayed OC in Maharashtra

01 Apr 2019 CW Team

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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..