31/08/2018
Reasons Why Procuring the 'Commencement Certificate' from the Developer is a Must...
1. The absence of commencement certificate while buying residential premises is indicative of an illegal property or a disputed land.
2. The certificate ensures that you are a secured property owner with clear title, dues, and clearances.
3. Listing of the residentiary unit in the commencement certificate is a must to ensure that you are buying a legal housing unit.
4. The concerned authorities have the rights to penalize a person who is a resident or the owner of an illegal housing project. A commencement certificate, therefore, saves you from the possible legal consequences in future.