AAR : Occupancy Certificate Date issued by Bruhat Bengaluru Mahanagara Palike construable as Date of Completion of Property Construction

Dec 10,2018

Karnataka AAR holds that Occupancy certificate (OC), which is a legal requirement acts like a Completion Certificate (CC), hence, date of such (occupancy) certificate issued by Bruhat Bengaluru Mahanagara Palike (BBMP) would be treated as date of completion of construction of property; Elucidates that, OC is in nature of CC because unless construction is completed it cannot be occupied while observing that OC is akin to CC and is a must and that chartered engineer’s certifi...

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