Buyers will not be interested without OC because of following reasons:
a. The occupancy is considered illegal if there is no valid OC. It can further be classified as an unauthorised structure by the municipal authorities.
b. While applying for a home loan, OC is mandatory. So, without a valid OC, the buyer cannot apply for a home loan
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It is quite difficult to sell a property which has no OC. However, you can still sell it if you have the sale deed and other relevant documents. Though the possibility of getting a buyer is very low. Even if you get a buyer, you will have to sell the property for very less price due to the absence of the OC.
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Purchased a ground floor in a dlf gurugram in 1999 but no OC how to resell now
pkbatra
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2
5 Year
2020-09-24T16:03:27+00:00 2020-12-15T12:51:05+00:00Comment
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