What is Partial Occupancy Certificate


What is a Partial Occupancy Certificate?
Partial Occupancy certificates are granted to large residential projects in part or for the part completion of the project or blocks of it. Once the specific phases of the projects are complete the local authorities like the BBMP or the BDA issues a Partial OC after due inspection of the completion of that phase. Eventually as the next phase also finishes being constructed another partial OC is issued. When the entire project is being completed the authorities issue an OC in replacement of the Partial OCs. In short the Partial OC allows the part occupancy of the project. The validity of the Partial OCs will be till the project construction is complete and the final OC is issued for the whole project. The provision of the partial OC is given as per the enactment as laid down in the bye laws of the Section 5.7 of the Bengaluru Building Bye-Laws 2003. The concept of the issuance of Partial Occupancy Certificate is not new but it is gaining more recognition as the construction of phased buildings are in to vogue more and more.
Pros and Cons of the Partial Occupancy Certificate
The Partial Occupancy Certificate can give  the developer a biggest financial advantage as before the completion of the whole project the possession of the few of the blocks can be delivered. With this one can apply for electricity, water and other connections.
But the disadvantages and the difference with an Partial Occupancy Certificate is that one can’t apply for home loans or neither can one apply for Khata Certificate as they can be issued against the OC only. In this respect the expert realtors caution the buyers that one has to see whether the occupier is given the Partial OC or the OC at the time of occupancy.

28th Feb NCP Buyers Unity


Unity is strength… when there is teamwork and collaboration, wonderful things can be achieved.
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211Where there is unity there is always victory.

 

NCPBA is made for the betterment of Flat Buyers. All members are on same platform. . There is no discrimination among the members. Every member is being treated as friend and as futureNeighbour. We are here not just for our common goal i.e. our Home, but also for the sake of better relationship among the Neighbours.

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Next Registration-NCPBA -Buyer Registration

Date: March 5th ,2016  Time :11 am to 12.at NCP site.
Kindly come forward with your following documents  of each flat buyers:
1. Two Passport photographs
2. Address and ID proof..Aadhar Card
3. Driving License/Passport
4. Sale and construction Agreement xerox copy with NEL of each flat owner
5. Rs.1000 cash towards membership fee.
Note:Outstation Buyers registration drive will be later …when we as group are ready for managing online payments and managing online documents.
While unity lies in diversity and strength comes only in being united; so join hands and show your support by becoming your NCPBA Registered members.

Buyers and flat owners must join the below forums to stand united 

Email:ncpbassociation@gmail.com

Blog: https://ncpbassociation.wordpress.com

Facebook Group: https://www.facebook.com/groups/493665760779280/

Google Group:nitesh-caesars-palace-flat-owners@googlegroups.com 

 Join the association and share your details one time only-Click Here

March 5th 2016 NCPBA -Buyer Registration


Welcome to Nitesh Caesars Palace Buyers Association NCPBA NOW Time to Register and Stand United to fight for our rights.200 buyers are supporting NCPBA  as a platform to collaborate and Stand United. Already 50+ buyers registered and more are coming forward for registration. Broad Objectives of NCPBA .

Venue: Nitesh Caesars Palace Kanakapura Road Bangalore 

Date: March 5 th ,2016  Time :10 am to 11 at NCP site.

Request all NCP buyers who have not registered with NCPBA to be @ NCP site by 10 am.

Required Mandatory documents for registration:

1. Two Passport photographs
2. Self Attested Address & ID proof..Aadhar Card
3. Driving License/Passport
4. Sale and construction Agreement xerox copy with NEL of each flat owner
5. Rs.1000 cash towards membership fee.

Note:Outstation Buyers registration drive will be later …when NCPBA is  ready for managing online payments and managing online documents.

NCPBA is made for the betterment of Flat Buyers. All members are on same platform. . There is no discrimination among the members. Every member is being treated as friend and as future Neighbour. NCPBA is here not just for our common goal i.e. our Home, but also for the sake of better relationship among the Neighbours. 

While unity lies in diversity and strength comes only in being united; so join hands and show your support by becoming your NCPBA Registered members.Buyers and flat owners must join the below online forums to stand united 

Join NCPBA and share your details one time only

fbClick here on facebook logo to join NCP Buyers closed facebook group

groupClick here on Google logo to join NCP Group

Suggested Check List for the Handover -Nitesh Caesars Palace Buyers


Suggested Checklist from NCPBA… feel free to add and help the group

pic_article_Apartment-management-functions-prashant-kamat

  1. Decide whether you want to take handover before OC approval for your block or not and act accordingly.
  2. Make sure that the Maintenance Agreement corrections are in place before signing it.
  3. Calculate and deduct TDS for the full sale value from the final payment. Include delayed TDS payment penalty in the deduction, if applicable. Check with your CA
  4. During inspection, measure and record the actual Capet Area of the flat with a tape. Verify that the Carpet Area as a % of Super Built Up Area is within acceptable limits promised/agreed (usually Carpet Area should be >=75% of SBA)
  5. Service Tax and Vat Charges by Nitesh Estates Limited (NEL)
  6. Check everything thoroughly and record a jointly agreed and signed snags
    o Windows, Doors, Handles, Locks, Electrical Switches, Fan Regulators, Taps (working water), Flushes, Mosquito Nets, Cleaning, Water Seepage etc
    o Tiles – randomly check for any hollowness by knocking, any broken tiles?
    o Mosquito net – is it torn anywhere?
    o Lighting
    Lighting fixtures like holders are fixed
    § Check all lights & points (including geyser point) works correctly with DG power
    o Doors
    § Main door polish
    § Peek view glass fixing to the main door
    § Door stoppers
    o Kitchen slab quality
    o Hole cutting for kitchen fume exhaust pipe fixing
  7. Ask for necessary Certificates / Letters / Documents
    o Fire NOC copy
    o Completion Certificate of flat by BBMP / Architect / NEL
    o Completion Certificate of block by BBMP / Architect / NEL
    o Handing over certificate / declaration by NEL
    o Lift Safety NOC
    o OC Application for the block with latest status
    o Garbage collection plan in writing by NEL
    o STP working declaration by Nitesh Estates Limited
    o Make sure to get a soft copy of all engineering drawings / plans of your flat – Electrical, Plumbing etc. Will be needed for any subsequent repairs, later
    o No-encumbrance letter / certification / undertaking from NEL for your flat i.e. a letter guaranteeing that once registered, you will have full and final ownership on the flat irrespective of any other parallel commitments / liabilities of NEL with any other institutions or investors.
  8. Gas
    o Gas line plumbing till kitchen slab with meter
    o Gas line work ability
    o Gas bank
  9. Security allotment to block
    · Ensure that Car parking is allotted, numbered, accessible and well-lit
    · Collect and check all door / window keys
    · Make sure that you get a copy of ‘every’ document you sign during handover / registration

Do share your points if still some missing,lets together make a comprehensive list   350+Nitesh Caesars Palace Buyers.Comment and Email to NCPBA:ncpbassociation@gmail.com

Click here on Facebook logo to join NCPBAfb

 

 

How much a delay can cost you


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Form a buyers’ association: An individual’s plea can fall on deaf ears but forming a group could make the builder stand up and take notice. Form a joint front to put forward your demands. A collective effort would yield result in larger projects. Leverage the power of social media. An association of buyers can be started with two members. However, to add legitimacy, it is necessary to register your association. Consult a lawyer to help with the legalities. If you are lucky, t ..

NCP Guidance Value as per BBMP


Guidance Value for Nitesh Caesar palace Apartment Registration

Guidance Value – JP Nagar

Guidance Value for Nitesh Caesar palace as on 31.01.2016 is Rs.4140/sq feet

Meeting Invite 10 am. 30 Jan-NCP Buyers Association


Thanks for the overwhelming response and active participation in the initiative towards forming the “Nitesh Caesars Place Buyers Association” (NCPBA).
Buyers Voted for Association: 110+( till 29 jan 2016)
Meeting Time & Venue: 10:00 AM on 30th Jan 2016, at NCP Site
buyersassociation
All Buyers those in/around Bangalore are requested to please participate and contribute positively.NCPBA will be a formal united platform to be registered under Societies Act. NCPBAs overarching objective will be to “Protect the Rights of the NCP Buyers” by working collectively, constructively towards under legal consultation,
  • Two-way productive and regular communication with the builder.
  • Networking and adding more buyers to NCP BA
  • Final confirmation of dates for flats delivery -Expediting the completion and handover of flats
  • Delayed delivery compensation and penalty, which is legitimately due from NEL to NCP buyers
  • Time bound obtaining of Occupancy Certificate for NCP by NEL
  • Follow up on Completion of all promised amenities and facilities beyond individual apartments / blocks.
Agenda for the NCPBA meeting at 10:00 AM

Articulate the Objectives of NCPBA

Nomination of Office Bearers

Next Steps for NCPBA

Contributions are requested from Rs. 1000.00 per apartment (Cash) as member ship fees for NCPBA .The fund collected will be deposited in NCPBA Bank Account and utilized for expenses like Society Registration charges, Lawyer Consultation fees etc with fully transparent reporting of every expense.

“United we Stand” -NCP BA TeamBLOG

 Join the association and share your details one time only-Click Here

Facebook Group: https://www.facebook.com/groups/493665760779280/ fb

Click here on facebook logo to join NCP Buyers closed facebook group

Google Group:nitesh-caesars-palace-flat-owners@googlegroups.com 

Blog: https://ncpbassociation.wordpress.com

Email:ncpbassociation@gmail.com