1. How do we go about acquiring the OC?
OC is for the building to be occupied and not for the building which is as old as 42 years. You may not get OC now for this building and more over, it was the duty of the builder to obtain OC and not the occupier.
2. How long does it approximately take to obtain an OC?
You may not get OC for the old building now.
This is a vicious circle, which only the government can break. Government must initiate immediate remedial action to stem the rot. The authorities shall not be very rigid in granting completion certificates. If the builder has deviated a little more than the allowed percentage, the authorities may impose the penalty and regularise the building.
The investors too must share the blame. They do not check the antecedents of the builder and his track record ‘Before taking possession they do not check whether the building is according to the sanctioned plan and the fixtures are according to the agreement. Many do not demand occupancy certificate, parent documents, tide deeds, deposit receipts, from the builder.
The purchaser who has not collected all the required documents, has to face various types of problems at a later stage.