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점유 허가가 없는 아파트 이양은 불법이라고 전문가들은 말한다. Handover of flats without occupancy certificate illegal, say experts
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.

NOIDA: Getting a house on the basis of a ‘lease agreement’ by simply paying 5% stamp duty may not be a solution after all, feel real estate experts.

Issues in the long-term related to the sale of property and fire safety norms, water, etc could be highly compromised by builders in this method as they will try to hastily exit projects. Buyers, meanwhile, are livid as they feel victimised.

“The proper route for handing over flats to buyers is through occupancy certificates after the houses get completion certificates. Handing over flats is not just a matter of securing revenues for the state, but there are other issues that should be kept in mind. Suppose if a lift falls or there is some other kind of problem in maintenance or construction, who will be held accountable?” said Balwinder Kumar, member of Uttar Pradesh Real Estate Regulatory Authority (UP-Rera).

Read more at:
https://economictimes.indiatimes.com/wealth/real-estate/handover-of-flats-without-occupancy-certificate-illegal-say-experts/articleshow/67191391.cms

Kamagroup Pvt. Ltd.

New Delhi 

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