Have booked a non-agricultural plot or purchased a home in a Gram Panchayat area and are unsure how the project’s delay should be calculated? The Maharashtra Real Estate Regulatory Authority (MahaRERA) has specified which document will be considered as a Commencement Certificate as well as a Completion or Occupation Certificate in such cases.
Since the inception of MahaRERA, property buyers purchasing real estate in areas outside of the jurisdiction of a municipal corporation or a council have been left in the lurch due to the developer’s failure to hand over the purchase to the buyer.
In such cases, property buyers are unsure who to approach to have their complaint heard and, in the absence of a commencement certificate, which document should be used to determine the project’s start date.
Dr Vasant Prabhu, Secretary, MahaRERA, issued an order last week that stated, “Grant of non-agricultural permission along with sanad issued in the form in Schedule IV or Schedule V in accordance with rule 4 and 7 of the Maharashtra Land Revenue (Conversion of Use of Land and Non-Agricultural Assessment) Rules, 1969 by the competent authority shall be considered as Commencement Certificate for plotted development projects.”
A detailed explanation has also been provided for the Completion or Occupation Certificate. “Receipt of intimation from the Tahsildhar given as acknowledgement of having received the intimation of the date of commencement of non-agricultural use after completion and execution of all conditions as may have been imposed by the Competent Authority (Tahsildar) in compliance with rule 11-A of the Act along with Form IV signed by the project architect shall denote Occupation / Completion Certificate for plotted development projects,” the order states.
These definitions went into effect immediately, providing relief to several people who were looking for an answer.
