Many homebuyers invest in builder projects early, lured by attractive pricing and the promise of future gains. However, the journey from investment to receiving possession of the property can take years. As the construction progresses, there are several important factors to keep an eye on, particularly when it’s time to take possession of the flat. Before you receive the keys to your new home, there are several critical documents you should check to ensure that the property is legally compliant and ready for occupancy. Here’s a comprehensive guide on the key documents to verify.
Completion or Occupancy Certificate
One of the most important documents you must check before taking possession is the Completion or Occupancy Certificate. These terms might differ across cities, but both serve the same purpose. This certificate is issued by the local development authority, confirming that the builder has completed the project according to the approved plan. It also ensures that there are no outstanding dues towards the authorities. Without this document, registering the property in your name can become a problem, as some registrar offices may refuse to register properties without an occupancy certificate.
Compliance with Building Bylaws
Before moving into your new home, ensure that the builder has followed all the necessary building bylaws during construction. This includes adherence to safety codes, especially if your property is located in areas like Seismic Zone-4, which is highly sensitive to earthquakes. The completion certificate often indicates whether these rules were followed. If there are any signs of structural damage, such as cracks or wear and tear, it is crucial to ask the builder to make repairs before you take possession.
Fire Safety Approval
In today’s world, fire safety has become a key concern, especially in high-rise buildings. Check whether the builder has obtained approval from the local fire department. The fire safety approval is given after the department inspects the building’s fire prevention systems, such as water tanks, fire extinguishers, smoke detectors, and emergency exits. Before taking possession, make sure that your building has these arrangements in place, as they are critical for your safety in the event of an emergency.
Availability of Electricity, Water, and Sewage Connections
It is also essential to ensure that the project has been connected to basic utilities like electricity, water, and sewage systems. Sometimes, builders may rush to hand over possession to avoid paying penalties for delays but fail to complete these basic necessities. Do not accept possession if these connections are not in place, as they are vital for daily living. Make sure that these services are functional before you move in to avoid unnecessary hassles later.
Builder’s Adherence to Deadlines and Quality
Often, builders may offer possession before the project is fully completed to avoid penalties. While it might be tempting to take possession early, ensure that all promised facilities, such as elevators, parking areas, and recreational spaces, are ready and operational. If the builder promises that these amenities will be completed after possession, request a timeline in writing and keep regular follow-ups.
Additional Considerations: Anti-Earthquake Standards and Structural Quality
If you’re buying in a region that is prone to natural disasters, such as an earthquake zone, confirm that the building meets anti-earthquake standards. These standards ensure that the building can withstand seismic activity. If you notice any structural issues like cracks in the walls, ask the builder to address them before you take possession.
Final Thoughts
Before signing off on possession, it is crucial to visit the property, conduct thorough inspections, and verify that all legal and safety documents are in place. Taking these extra steps will ensure that your investment is secure and that you move into a fully prepared, legally compliant property. By checking the completion certificate, utility connections, and fire safety measures, you can avoid future headaches and enjoy your new home with peace of mind.
