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Importance of completion certificate

A property, be it homes in Perumbakkam, Sholinganallur or OMR should be legally compliant for any buyer to be safe and secure. There are various certificates and approvals to be gained from the government before a project can be considered fully legally secure. The completion certificate is an important document among the various required documents.


There are many 3BHK and 2BHK flats in Perumbakkam, OMR, Sholinganallur and ECR but the buyers should be cautious and check about the legal security of these properties before investing in them. Many apartments are not given completion certificate soon which makes it difficult for the buyers to move in.
Once the project is completed, the local authority inspects the premise on the basis of the building plan and awards the completion certificate if it is built according to plan. The builder then applies to the departments yet again along with a copy of the completion certificate to get water, electricity connection and other basic amenities for the project.


A completion certification for a newly constructed building is necessary to ensure the supply of basic amenities, such as water, electricity and drainage system. According to a recent ruling of Chennai high court, electricity connection cannot be provided to a building without a completion certificate from CMDA. The completion certificate also ensures that the builder has constructed the building as per the approved building plan and no violations are made. Only after obtaining the completion certificate can the builder hand over the possession of the house to the buyer.


Buyers and tenants of newly constructed buildings should be aware of the importance of completion certificate. It is essential for buyers to ensure that the building has been inspected based on the approved building plan and completion certificate has been issued. This prevents builders from violating norms, mainly in the construction of commercial buildings and multi-storeyed buildings. Many buyers are increasingly aware of the necessity of completion certificate and insist on obtaining it before taking possession. Buyers need to be aware of the building status and documents obtained before they invest in the property.

 

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Newsletter - Feb 17