+
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

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?