A commencement certificate is an important document issued by local municipal authorities that allows the developer to start the project construction. It is generally issued, only after the developer has fulfilled all the legal requirements and received the required sanctions for the property’s plan. Now that you know what is commencement certificate for building, let’s read about its importance:
When you buy a residential property and it does not have a Commencement Certificate, then it can be an indication that the property is under dispute or the property is not legal.
The certificate of commencement can save you from legal consequences as the local authority can penalize the owner or resident of the illegal property.
The certificate of commencement has the list of the unit or floor you’re looking to buy. If the floor or the unit isn’t specified in the certificate of commencement, then you can assume that the particular unit is under dispute or illegal.
The certificate of commencement ensures the property has clear dues, title, and approved clearances by various govt. offices.
A developer isn’t authorized to start construction if they have not received the commencement certificate for that project. This is why a property buyer should not invest in a project, if the developer does not have a valid commencement certificate for it.
A certificate of commencement is as essential as a certificate of occupancy as it ensures that you are buying a property in a project has met all legal requirements.
Read what is a certificate of occupancy
Read how to check the Occupancy Certificate online here
Find out how to obtain a certificate of occupancy
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What is commencement certificate?
Chirag
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2021-09-20T17:09:36+00:00 2021-09-23T15:23:39+00:00Comment
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