Real Estate
Karnataka's Move to Exempt Small Plots from Occupancy Certificates: What It Means for Bengaluru's Real Estate
Karnataka's Urban Development Department proposes to exempt residential buildings on plots up to 1,200 square feet from obtaining Occupancy Certificates. This move could ease regulatory burdens but raises concerns about unregulated construction and infrastructure strain.
Real Estate
TGRERA Orders Prathima Infra to Register Pristine Estates and Obtain Occupancy Certificates
The Telangana Real Estate Regulatory Authority (TGRERA) has directed Prathima Infrastructure Limited to register their Gopanpally-based villa project, Pristine Estates, and obtain occupancy certificates within 30 days.
Real Estate Mumbai
NMMC Mandates Compliance for 2,111 Buildings Without Occupancy Certificates
The Navi Mumbai Municipal Corporation (NMMC) has identified 2,111 buildings operating without occupancy certificates (OCs). The civic body urges immediate compliance to avoid legal penalties and ensure public safety.
Real Estate Pune
MahaRERA Launches Verification of 2,600 Occupancy Certificates to Ensure Transparency
Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a comprehensive verification of 2,600 occupancy certificates (OCs) submitted by developers to prevent fraudulent activities and protect homebuyers.
Real Estate Pune
MahaRERA Launches Statewide Verification of Developer-Submitted OCs
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a comprehensive verification of 2,600 Occupancy Certificates (OCs) submitted by developers to ensure authenticity and prevent discrepancies or forgery.
real estate news
Bengaluru: Construction Sector Slams the Brakes as OC Mandate Takes Effect
The Karnataka government's new mandate for an Occupancy Certificate (OC) for new water and electricity connections is causing a significant slowdown in the construction and real estate sectors. The rule is affecting thousands of buildings and construction sites, leading to concerns about job losses and economic impacts.