A Project Completion Certificate is provided by the concerned authority after the construction of a building or property is completed according to an approved plan. It is one of the most essential and important documents for a property builder or developer. This certificate is the key to legalising your property. It will also help to facilitate mortgaging or reselling it down the line.
Read on to know the importance of a project completion certificate, what it contains, the documents required and the time taken to get a project completion certificate.
A completion certificate is a legal instrument provided to the builder post completion of a housing project. The local municipal corporation or other local civic body is responsible for checking if construction methods were followed correctly, complying with the corporation’s regulations.
A house completion certificate is one of the important documents you need to check from a developer if you are planning to purchase a home. This document is highly important both for the developer and the home buyers. Here’s all about the importance of a completion certificate:
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You can find all details concerning the land or building in a Completion Certificate.
If you, as a builder, are applying for the certificate of completion of construction, you need to keep these documents ready:
After submission and verification of all details submitted, an inspection will be scheduled by the corporation or local authority. Suppose it is declared that the building or the project is built in accordance with the local authority’s rules and regulations. In that case, the certificate will be issued, signed, and stamped by the responsible authority.
If the project has been built complying with all regulations instructed by the authority, then after inspection, the certificate is issued. It takes around 3 to 4 weeks for the whole process to take place.
On the other hand, if any discrepancy is found, the authority might impose a penalty, and in case of major violation of rules, the project can be demolished.
A provisional certificate is basically a temporary certificate. At times it might happen that the majority of a project is complete, but the builder needs to offer occupancy to buyers. In such cases they may apply for a provisional completion certificate. However, the validity of this certificate is only six months. After which, the builder needs to apply for the complete certificate post-construction.
A building completion certificate format usually includes the following details:
It is illegal to reside in a property without a Project Completion Certificate, but there can be exceptions where the authority may allow it. For example, if a project has been on hold for some reason or it will be completed in a short time, the local authority may provide the certificate. On the other hand, if a builder does not provide the certificate, the owner can approach the local authority for the same.
Ans: A Completion Certificate is a legal document that shows a building/project is ready for possession. On the other hand, one can only obtain an Occupancy Certificate denotes that a property has adhered to all regulations of civic authorities and has received clearance for electricity, water, and other amenities.
Ans: You should not buy a property from a builder not providing completion certificate. Such properties can be illegal and can lead to eviction, demolition or other legal issues.
However, some builders might provide you with a provisional certificate when buying the property, but it is only valid for six months. Residing in a property without a CC can be quite risky.
Ans: Completion Certificate is not mandatory for registration of the property. However, it helps to get the legal status and makes sure that there is no legal action from the authority in future.
Ans: A builder must provide a Completion Certificate to the buyer. If they refuse to do so, one can file a complaint against the individual under RERA. So, make sure to only purchase a property that has a Completion Certificate.
Ans: You should be applying for a Completion Certificate first. This certificate will show that you as a builder have adhered to all necessary rules while constructing a building. Occupancy certificate will be available only after getting a CC.
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