Real estate sector devices new norms

The real state regulate be authority of Kerala has taken a new decision according to which any other person who takes the position of any flat that is offered by the landlords will not amount to a valid possession until and unless the Occupancy certificate has not be issued and if any person has taken over the possession of any flat or any kind of residence. This particular decision will definitely protect all the interests of the homebuyers in the long run. It is important to understand that this particular objective has been made by the government for the long interest and at the same point of time this will benefit the country to the greatest possible extent. This particular decision will help to ensure that no kind of fraud is committed by the property dealers On The innocent homebuyers.

This particular decision also makes it possible for the people only with the Occupancy certificate to claim compensation if in case the possession has been delayed to a great extent but if on the other side this certificate is not available with the home buyers it will not be possible for them to get what they want. This certificate will be one of the most important proofs that will try to signify the agreement between the developer and the purchases over the period of time with and without the certificates and none can be promised.

It is only with the help of proper policy that a decision can be taken in the long run and such kind of policies will always have an impact that needs to be taken into account in all the possible situations. This Occupancy certificate is issued by the architect and at the same point of time it will be stamped by the dealer who has finalized the Deal and after that authorisation by the court will be provided. The project has been delayed for almost 2 years now and it is something which has to be taken into consideration as soon as possible because this is something which has to be monitored over the period of time and it will be solved only with the help of proper measures. It is important to understand that this particular decision will help the countries to find a solution on the own and this is something which has to be taken into account in every possible respect.

This kind of development be definitely try to make the entire process easy to a great extent because this will be without any kind of this comfort and it will have its on benefits over the period of time and this is something which needs to be taken into account in all the possible situations because there will be no looking that and also it will be comfortable for the people who shift to new properties instantly after the certificate has been handling to them because no other formalities are needed for them to be completed.