Latest news with #CompletionCertificate
India Today
5 days ago
- Business
- India Today
7 essential checks before you take possession of your new home
Taking possession of a new home is often filled with excitement. However, amid the rush of final paperwork and handover formalities, several crucial checks get overlooked—often deliberately omitted from your builder's checklist. But what you do before you sign the possession letter can make all the difference between a smooth transition and a nightmare move-in. Here's a practical pre-possession checklist that no builder will voluntarily offer but every homebuyer should Final Inspection—With Purpose, Not Just CeremonyDo not treat the site visit as a mere formality. Instead, come prepared with a flashlight, measuring tape, notebook, and ideally, a civil engineer or architect. Check room dimensions against the floor plan, inspect ceilings and corners for cracks or dampness, and verify that wall finishes, tiling, and flooring match what was promised. Pro tip: Tap walls and tiles to check for hollowness—an early sign of poor workmanship.2. Plumbing and Electrical Sanity CheckTurn on every faucet. Flush all toilets. Check water pressure and drainage. Test all power outlets with a mobile charger or tester. Ensure light fixtures, fan points, and geyser switchboards are in place and functional. Also confirm that the electricity meter is installed in your name and that the builder is not passing off temporary supply as final possession-ready infrastructure.3. Door and Window Audit Open and shut every door and window—including bathroom and balcony units. Check for alignment, smooth functioning, and locking systems. Loose latches, poor sealing, or misaligned frames are common problems left unaddressed.4. Common Amenities: Delivered or Just Promised?If the project promised a clubhouse, swimming pool, garden, or gym, don't just accept a verbal 'it's coming.' Visit the space, check readiness, and take photos. A certificate of completion should include common area readiness as well. Ask for timelines in writing for incomplete amenities.5. Check for Completion and Occupancy CertificatesLegally, possession can't be handed over without the Occupancy Certificate (OC). Some builders push for "fit-out possession" which means you can begin interiors but can't legally stay. This workaround should raise red flags. Ensure both the Completion Certificate (CC) and OC are available before possession.6. Dues and Charges TransparencyAsk for a final settlement sheet—this includes pending dues, maintenance deposit, clubhouse charges, electricity meter fees, and any legal documentation costs. Builders sometimes slip in inflated or hidden charges at the last minute . Don't sign possession documents until all financials are clear and acknowledged.7. Legal Paperwork and HandoversDemand originals or certified copies of all crucial documents: sale deed, allotment letter, builder-buyer agreement, OC, CC, and warranty details for fixtures. Take written confirmation of handover of keys, parking allotment, and society formation status. Possession is not a gift—it's a contract closing. Once you sign the possession letter, most builders will consider their job done. That's why it's essential to treat your pre-possession inspection like an audit. What you miss now could cost you heavily later—in time, money, and peace of wait for a builder's checklist. Bring your own—and stick to from Saurabh Tyagi, co-founder and CEO of PropChk- Ends
ME Construction
17-07-2025
- Business
- ME Construction
Shapoorji Pallonji completes Imperial Avenue in Downtown Dubai
Construction Shapoorji Pallonji completes Imperial Avenue in Downtown Dubai By With the Building Completion Certificate in hand from RERA, the firm said it is currently welcoming homeowners for property inspections and handovers India-based real estate and construction firm Shapoorji Pallonji has completed its inaugural international residential development, Imperial Avenue, in Downtown Dubai. The milestone is said to mark a new chapter in the group's global expansion journey. Rising 45 storeys, Imperial Avenue offers panoramic views of the Burj Khalifa and the Dubai Canal. The lobby spans 10,000sqft, while the property boasts amenities, including infinity pools, a fitness centre, and recreational areas. Sustainability features such as solar panels and grey water treatment are integrated into the design. With the Building Completion Certificate in hand from Dubai's Real Estate Regulatory Authority (RERA), Shapoorji Pallonji is welcoming homeowners for property inspections and handovers, the firm said. Backed by investments of US $381mn, including funding from London-based Hayfin Capital and the UAE's Commercial Bank International, this project is a bold move that further solidifies Dubai's reputation as a strategic market for international developers. With sales projected to reach $544.5mn, this represents a significant milestone for the group. Cyrus Engineer, SP International Property Developers said, 'Imperial Avenue is more than a luxury tower; it's a statement of intent. By combining our Indian engineering legacy with Dubai's futuristic standards, we aren't just handing over apartments but delivering a sustainable, tech-enabled lifestyle in the heart of Dubai's most prestigious address. Dubai's ambition mirrors our own—to create iconic, sustainable landmarks. Downtown's dynamism offered the perfect stage to debut our international residential expertise.' Aligning its expansion strategy with the global epicentre of luxury living, Dubai and the UAE were Shapoorji Pallonji's obvious choice for mapping international boundaries. With demand from international buyers and Downtown Dubai's appreciation potential consistently delivering at 8-12% ROI for luxury properties, the developer has invested its legacy in Dubai's real estate markets. The project, which caters to buyers from over 60 nationalities, offers a selection of one-to-five bedroom apartments, penthouses, and podium villas with private pools. These homes are designed to meet the growing demand for larger, high-end living spaces with smart integrations and a hotel-like lifestyle, the statement concluded.
Mid East Info
15-07-2025
- Business
- Mid East Info
Shapoorji Pallonji brings 158 years of luxury real estate expertise to the UAE - Middle East Business News and Information
Receives the Building Completion Certificate from Dubai's Real Estate Regulatory Authority for its maiden venture – Imperial Avenue in Downtown Dubai July 15th, 2025 – In a historic milestone, Shapoorji Pallonji, India's 158-year-old real estate and construction giant, has officially completed its first-ever international and finest residential development, Imperial Avenue, in Downtown Dubai, marking a bold new chapter in the group's global expansion journey. Rising 45 storeys and offering panoramic views of Burj Khalifa and the Dubai Canal, Imperial Avenue boasts a 10,000 square foot grand entrance lobby and ultra-luxe amenities complete with infinity pools, a state-of-the-art fitness centre, and recreation areas coupled with sustainability features like solar panels and grey water treatment. With the Building Completion Certificate in hand from Dubai's Real Estate Regulatory Authority (RERA), Shapoorji Pallonji is currently hosting homeowners for property inspection and handover. Backed by AED 1.4 billion in investments, including funding from London-based Hayfin Capital and the UAE's Commercial Bank International, the project is a bold move that reinforces Dubai's appeal as a strategic market for international developers. Announcing the completion, Mr. Cyrus Engineer – SP International Property Developers, said: 'Imperial Avenue is more than a luxury tower; it's a statement of intent. By combining our Indian engineering legacy with Dubai's futuristic standards, we aren't just handing over apartments but delivering a sustainable, tech-enabled lifestyle in the heart of Dubai's most prestigious address.' Aligning its expansion strategy with the global epicenter of luxury living, Dubai and the UAE were Shapoorji Pallonji's obvious choice for mapping international boundaries. With unmatched demand from international buyers and Downtown Dubai's appreciation potential consistently delivering at 8-12% ROI for luxury properties, the developer has confidently invested its legacy in Dubai's future-ready real estate markets. 'Dubai's ambition mirrors our own—to create iconic, sustainable landmarks. Downtown's dynamism offered the perfect stage to debut our international residential expertise.' Mr. Cyrus Engineer added. Attracting buyers from over 60 nationalities, the project offers a curated mix of 1- to 5-bedroom apartments, penthouses, and podium villas with private pools, designed to meet rising demand for larger, high-end homes with smart integrations and a hotel-calibre lifestyle. With sales expected to reach approximately AED 2 billion, this venture marks a significant milestone. As the group enters the international markets, this venture is a symbol of Shapoorji Pallonji's transformation into a global luxury developer, cementing its position in Dubai's real estate renaissance.
The Hindu
14-05-2025
- General
- The Hindu
Bengaluru: OC mandatory for utility connections; BBMP to check documents for new connections
The city administration has begun implementing a Supreme Court direction from December, 2024 which states hat 'utilities such as electricity, water supply, and sanitation connections are to be provided only to buildings that have obtained an Occupancy Certificate/Completion Certificate from the respective local authority'. In a statement issued on Wednesday, Bruhat Bengaluru Mahanagara Palike (BBMP) said that it has learnt that presently around 66,400 applications have been pending with Bangalore Electricity Supply Company (BESCOM) seeking new electricity connections in the BBMP area and to ensure that only those with valid documents get the connection, BBMP has announced a campaign to check property documents of these households. The civic body has said that it will contact through SMS and phone calls those who have applied for an electricity connection with BESCOM and yet to get a connection, to check for Khata approval, approval of building plans and status of the application (for (submitted/to be submitted) for the Occupancy Certificate/Completion Certificate. Chief Civic Commissioner M. Maheshwar Rao has urged citizens to cooperate and furnish these documents to the civic body. He also appealed to property owners to apply for the Occupancy Certificate through a registered Architect/Engineer on the below portal:
