Supreme Court Mandates Occupancy Certificate for Flats, Curbs Builder Malpractices

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Supreme Court: No Occupancy Certificate, No Flat Handover! Builders' Power Checked.

Supreme Court: No Occupancy Certificate, No Flat Handover! Builders' Power Checked.

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News18•04-03-2026, 13:39

Supreme Court: No Occupancy Certificate, No Flat Handover! Builders' Power Checked.

•Supreme Court ruled that builders cannot force buyers to accept flats without a valid Occupancy Certificate (OC).
•The landmark judgment originated from a dispute over the 'Parsvnath Exotica' project in Gurugram, where buyers faced significant delays.
•SC dismissed the builder's appeal against NCDRC's order for 8% interest compensation for delayed flat delivery.
•Justices B.V. Nagarathna and R. Mahadevan clarified that consumer forums' statutory powers override unilateral builder agreements.
•An Occupancy Certificate (OC) is the official municipal certification confirming a building's completion as per regulations and safety for residence.

Read Full Article on News18 in Telugu

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