Mirror Now
@mirrornow·2.2M subscribers·145K videos
Is it legal to buy a flat without OC?- Property Hotline
Posted
September 7, 2016
Views
10,646
Likes
82
Comments
4
Engagement
0.81%
September 7, 2016
10,646
82
4
0.81%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
3:24Now PlayingExpert: Nirav Jani, Associate Partner at Hariani & Co.
Question: I have looked at some flats in Bengaluru. The land is a Khata, but due to certain deviations in the plan approved by the BBMP, the builder is unable to get OC. The deviations include additional floors and improper setback. I'm sceptical of buying a flat. These apartments are funded by national banks. The builder says he will get me a loan from these banks, while the bank is prepared to give the loan without an OC. Is it legally ok to buy such a flat?
Answer: The stage of construction and approved plan of the proposed flat is required to be checked. The construction is to be carried out as per approved plan. Possession can be taken on receipt of Occupation certificate.
Be Un Confused
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
