what is IOD, CC & OC
The Intimation of Disapproval (IOD) is only an approval of the civil plans. Review of the structural plans is done in parallel with the NOC process. No approval to this plan is required from the Municipal Corporation but copies are required to be submitted. IOD is the first permit considered for construction.
In Mumbai An IOD intimation of Disapproval is a letter issued by the Municipal Corporation of Greater Mumbai (MCGM) which is issued to a Builder or Developer of a Property who proposes to undertake some construction work on an existing or new building. The permitting authority would be BMC/SRA/MMRDA/MHADA/MIDC/ BPT as per their jurisdiction
Completion Certificate or CC is given in 2 stages. Plinth Commencement certificate CC for start of Work full CC for project ( which can also be taken as Part CC) It is only after a CC is issued to a project that it becomes ready for possession for home buyers.
Whereas, OC stands for Occupation Certificate which states the construction had been completed as per the plan. An occupation certificate or OC, on the other hand, is a certificate stating that the project has been built in accordance with all construction norms, building bye-laws, etc.
sometimes OC comes with BCC Building Completion Certificate or is given seperately
Should I buy property without OC? Note that without OC, the building can be demolished anytime. Basic sanitation facilities can be revoked. Govt can send you a eviction notice. Regularization may be allowed on the payment of penalty by the builder, but imagine if the penalty is passed to the buyer I.e, owner..in that case you will suffer.
