Noida Authority is all set to issue occupancy and completion certificates of various residential projects by the end of this month. The move will benefit about 10,000 homebuyers.
An occupancy certificate is a valuable document for possession and registration of a flat. A buyer can move into his new home only after receiving the occupancy and completion certificates.
“We have received the application for occupancy and completion certificates of about 30 projects," said an Authority official.
Earlier, Noida Authority used to take about three months to issue the certificates. But pressure from the UP government and homebuyers have forced the Authority to issue them in a month's time.
