Homebuyers hail SC order making completion certificates mandatory for builders
Hindustan TimesFlat owners in Noida and Greater Noida on Friday welcomed a Supreme Court order, which held that a builder of a housing complex is legally bound to obtain completion certificate even if the homebuyer was given possession without that mandatory legal document, and said there are about 100 cases wherein possession was offered by the developer without obtaining completion certificate, causing issues for buyers. Even in Noida and Greater Noida, a large number of housing projects don’t have completion certificates as the builders have defaulted on paying land cost. In Noida, several developers have offered possession without completion certificates,” said Ashish Mohan Gupta, president, Jaypee Infratech Limited real estate allottees welfare society. But we have demanded from the authority that in projects where basic services are in place, the completion certificate must be issued even if financial issues of the developer concerned are not settled.” Ishtiyaq Ahmed, chief architect and town planner, Noida authority, said, “We issue completion certificate as per the law.When a housing project or any other structure fulfils all parameters that include clearances of financial dues, fire safety system and other services in the complex.”