Nearly a decade after their dreams were put on hold, approximately 4,000 homebuyers of stalled Jaypee projects in Noida and Greater Noida are expected to finally receive possession of their apartments during the current financial year.

In a bid to enhance transparency, MahaRERA is verifying Occupation Certificates submitted for 3,699 lapsed projects across Maharashtra, following past fraud cases.

As tax authorities tighten their grip on property transactions, landowners who enter Joint Development Agreements (JDAs) with builders are now under scrutiny for potential tax evasion.

Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.

In the real estate realm, "stalled projects" are those that have ceased construction entirely, contrasting with "delayed projects" which progress slowly due to various factors.

Max Estates, Max Group's real estate company, received the certificate of completion and occupancy for Phase 2 of Max House, a boutique office complex in Okhla, South Delhi.

For Siddha Seabrook, their first high-end residential property in Mumbai, Siddha Group and Sejal Group received the Occupational Certificate (OC). Customers will now have full control of their homes. This 57-story residential building in Kandivali (W), Mumbai, is the highest nearby.

In some great news for Siddharth Nagar real estate and for the many home buyers in Ekta Tripolis, Kalpataru Radiance, Sangam Lifespaces Luxor - Ekta Tripolis and Kalpataru Radiance have received Occupation Certificate finally.

The Bombay high court ordered Mhada, which is self-developing Goregaon's Patra Chawl redevelopment project, to provide an occupancy certificate (OC) to a builder for the free-sale Ekta Tripolis tower within two weeks on Tuesday.

Despite a rise in interest rates and property prices, stamp duty collection in February for the country's biggest and most costly real estate market, Mumbai, reached a record high. The record collection was driven by premium and middle-income housing categories.

OC & CC definition and significance