MHADA to impose hefty penalty on developers for delay in obtaining OC
MUMBAI: The Maharashtra Housing and Area Development Authority
(MHADA) has decided to impose hef ty fines on developers over delay in obtaining Occupancy Certificate
(OC) clearance. A senior official from the MHADA Mumbai Board said, "The intention is to expedite the OC clearance process. It has been observed af ter completing the construction of a building, the developer fails to obtain OC, eventually delaying the possession of houses to the tenants. Several complaints have been received from tenants of redevelopment buildings who are unable to get possession of their houses."
Tired of waiting for OC for a long time, the owner many times takes forceful possession of their property. Besides, residents of buildings without OC are to pay hef ty charges. Therefore, MHADA has decided to take stringent action against such developers who have delayed obtaining OC.
The official furthermore informed that developers who carried out redevelopment of old dilapidated buildings and failed to get required OC will be fined Rs 250 per square metre. In the case of houses that are sold in lottery schemes with no OC from the developers, Rs 500 per square metre fine will be taken.