Occupancy Certificate Ruling Marks a Landmark Victory for Homebuyers: Adnan Siddiqui Comments

The recent NCDRC ruling clarifying that an offer of possession without an Occupancy Certificate (OC) is not a valid offer has been hailed as a crucial development for homebuyers across India.

Commenting on the ruling in a recent Business Standard article, Adnan Siddiqui stated:

“The recent NCDRC ruling that an offer of possession without an Occupancy Certificate (OC) is not a valid offer is a significant win for homebuyers. An OC is proof that a building is safe and legally fit for occupation without it, residents may face denial of essential services like water, electricity, and sewage connections. Buyers should always verify that the OC has been issued before making final payments or taking possession.

If a builder delays or refuses to obtain the OC, buyers can seek redress under RERA or consumer forums for deficiency in service. This ruling reinforces that true possession begins only when a home is legally habitable, ensuring greater accountability and transparency in the real estate sector.”

His statement highlights the importance of legal compliance and consumer protection in the real estate industry. The ruling is expected to strengthen buyer confidence and promote greater transparency among developers.

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