Amnesty scheme for Occupation Certificates for over 20K buildings in Mumbai

MUMBAI: With two final phases of local body polls on the anvil, the state government has announced yet another amnesty scheme for residents of over 20,000 buildings in Mumbai seeking occupation certificates (OC). They can now seek a 50% waiver on payments of premium charges on fungible area and floor space index (FSI) utilised. Additionally, […]

Do real estate projects that begin sales and marketing only after obtaining an OC require RERA registration?

Rahul Sharma (name changed), a 30-year-old prospective homebuyer, recently visited a completed apartment project. During his visit, he noticed that the project did not display a Real Estate Regulatory Authority (RERA) registration number. When he inquired, the developer explained that no RERA registration was obtained because the project was neither marketed nor sold before receiving […]