UK Capital Investments Group: Incomplete acknowledgements can create a headache, while buying a
property
There is a common cause of trouble for House buyers that which project they had booked flat or
apartment is delayed in its creation. According to UK Capital Investments Group a known name in real
estate world, the main reason behind this cause is that developer didn't get the essential permission
required for project approvals.
During the conversation between buyers and developers for selling a flat or apartment usually a
developer tells to buyers that all the approvals from the administrations are permitted or should be
permit very soon. However as across the country.
As per UKCIG Everybody get to see that their claim is not true because such developers needs to sell
their project at the time of the acquired customers they are more desperate to sell their project rather
than handover the project with their given time.
That is the reason the buyers didn't get their home on given time frame. So it is must for every buyer
that they should know the various stages of the project sanctions.
For ease of buyers at different stages of construction project must be informed of the administrative
permissions.
Pre Construction Approvals:
Approval for land acquisition
UK Capital Investments Group describes the first step to start working on any project for which
acceptances of the following must happen:
1. Freehold ownership of land should be one in which there are no disputes over ownership and It will
be easy to sale and there should be no outstanding or some kind of liability on the property.
2. The developer should achieve the land certificate correspond to the way the project have to
accomplish.
3. If the agricultural land to be built, the developer must achieve the permission granted certification
(change of land use or conversion into non-agricultural land) for non-agricultural land by the District
Collector's office.
The next step in the acknowledgement is to begin the project plan of building approval and get
permission of commencement certificate from Municipal Corporation or development authority.
4. Developers would have to gain approval for Environmental and related infrastructure because every
effect of the project should effect around the neighborhood.
Built-up area of 520 thousand square meters project have to take permission approved by the Ministry
of Forecasts and environment should be required.
For 615 meters building projects should take the permissions for Fire Clearance. If the building located in
air funnel zone it is also necessary to take permission from airport authority to obtain the height
clearance.
7. Depending on location need to take approvals from the National Monument Authority, Ministry of
Defense, National Highway Authority of India, Regulatory Coastal Zone Authority and traffic department
etc.
8. IT is also necessary to take approvals from the State Pollution Control Board.
After building completions, the approval is Service connections. Before handing over possession of flat
to buyers, developers should take the approval of related departments to lift water, electricity, license
and other services.
Rather than Temporary approvals sustainable NOC is required to achieve. Fire fighting & pollution
control etc have achieved the final approvals from different departments who certify that the building is
safe and created during the construction of some kind is not a violation of the rules.
When occupancy certificate is ready before handing over possession of flats builder should have to
achieve the occupancy certificate from Local Authority or Municipal Corporation.
This certificate ensures that the project of certificate of construction has been approved according to
the plan, and can be given to capture buyers.
Where most buyers usually don't like to bother these permissions to explore, a little awareness about
these important things can avoid many problems that can take place anytime.