CC stands for
Completion Certificate.It is an important legal document to be obtained by the builders after the completion of a building/property from the local civic or municipal authorities. Before buying a property, it is important to obtain a Completion Certificate along with other legal documents such as Occupancy Certificate, Conversion Certificate, NOCs, etc.
A Completion Certificate (CC) is a testimony to the fact that the property has been built according to the laid norms. The document is awarded only after a careful inspection by authorities. The factors considered at the time of inspection include:
Location of the property
Distance from the road
Distance maintained between neighbouring properties
Height of the building
Building plan details
Quality of material used for construction, etc.
It is important to obtain a Completion Certificate or CC for buyers to ensure that they don’t land in trouble with the civic authorities at the time of possession/ during their stay on the premises. Buying a flat where the builder has received a Completion Certificate has some other benefits such as,
Getting Home loan sanctions
Seeking tax benefits for home loans
Obtaining water supply or electricity connections
Easy to sell the property at a good price
Better compensation in the events of damage or demolition due to natural calamity or government projects.
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It is important for home buyers to understand, what is CC in real estate. Obtaining documents, such as a completion certificate, is crucial when purchasing a home because this is necessary for the owner to acquire a mortgage or sell the property. Homebuyers are therefore urged to wait until this document has been issued before taking ownership of their flat or other property.
What is CC in property?
The CC full form in building construction is Completion Certificate. An important legal document known as a Completion Certificate confirms that a structure has been constructed in accordance with the specified standards and master plan of the city. This document contains all relevant project information, including the building materials used, the building height, the building plan, and other specifics like the green belt provision.
This document attests to the building's compliance with all applicable building bylaws and that no standards have been violated. Homebuyers should be aware that the CC must be presented to the authorities in order to get an electricity and water connection.
How to obtain a Completion Certificate?The following steps can be used to get a project's Completion Certificate (CC);
For the completion certificate, the developer must submit an application to the local municipal authority or the local development organisation.
The application must be filed with the necessary paperwork.
When visiting the project site, representatives from the relevant certifying organisation will pay close attention to the property's building quality.
Projects might get demolished if construction and building regulations are violated.
The local authorities will offer a signed and stamped Completion Certificate following a successful inspection.
I hope this helps you understand what is CC in real estate.
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After a building is finished, the municipal authorities shall issue a completion certification (CC), which is an essential and required legal document. The CC certifies that the new building complies with all safety standards and guidelines established by the Buildings Act of 1984 during construction and completion. This answer will guide you about the CC certificate full form.
What is CC full form in construction?
The completion certificate includes all the necessary information, such as the identification of the property, the location, the builder, and whether the building followed the building plan and complied with all safety and regulatory requirements, as well as the height and other standards established by the local government. What is CC in building construction must be clear to you now.
How is the commencement certificate given out?
The local authority observes the site following project completion, reviews it in comparison to the approved building plan, and, if all requirements are met, issues the completion certificate. In order to obtain water, power connection, and other essential utilities for the project, the builder can then submit an application to the BWSSB and BESCOM departments with a copy of the CC.
What is the importance of CC?
The legitimacy of the property is confirmed by the presence of a Commencement Certificate. Additionally, it guarantees that the land is free.
The certificate attests to your status as the property's legitimate owner, free and clear of any loans or other liabilities.
The relevant authorities are authorised to penalise the owner of the illegal property. The Commencement Certificate shields you from any future restrictions that might be possible.
CC certificate full form must be clear to you now.
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Hey pal,
Buying a property requires being adept with various real estate acronyms like CC, EC and OC. After dealing with various sales executives and builders, I have developed a grasp of the terms. I read the comments mentioned above and I completely agree with the CC meaning shared by others, Though, CC can also mean commencement certificate.I will share information about it below.
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What is CC in construction?The full form of CC is the commencement certificate. It is a legal document that is given to developers/ builders before the construction has begun. It provides legitimacy to any commercial or residential project/ building. The certificate is given by the local municipal authority, town planning and engineering departments to ‘ permit’ the commencement/start of the construction.
Generally, CC is issued in two stages of construction. The first stage is for construction up to the plinth area and then, for the building /superstructure itself. Under the rules and regulations of the RERA Act ( Real Estate Regulatory Authority), it is mandatory for builders to receive a commencement certificate for the residential project to be considered RERA approved.
As a buyer, if the builder hasn't received a CC, you shouldn't invest in the project. You might end up wasting your money or buying illegal property.
Now that you can define CC, let me share how the builder will get CC.
CC is only granted when the developer meets the legal requirements set by the municipal authority and obtains the relevant sanctions for the building’s plan.
The builder will need to submit documents to the municipal authority.
Officials will conduct several rounds of preliminary checks.
When documents from government departments have been verified. CC will be granted
Documents that a builder will have to submit :
Property documents
Tax receipts
Photographs
NOCs from the water department, fire department, sewage department, electricity department
This is all from my end on CC meaning.
Read more :
What is commencement certificate for building ?
Which documents to check before buying a flat in Mumbai?
What documents do I need before buying a property in Bangalore?
How To Get A Certificate Of Occupancy?
What is certificate of commencement of business?
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With a big dream comes big responsibility. Even if we dream of purchasing a home, we also need to remember that to own a home, we should check the paper, do proper research, and save money for years. Now, before finally signing the sale agreement you must check if the property you are purchasing is authorised. Without properly checking your nightmare can turn into reality. The Government can seize the property any time they want with an Occupancy Certificate or Commencement Certificate (CC). So, as a buyer, your first job is to check these documents. As already mentioned the CC full form in real estate is a commencement certificate.
Run due diligence before purchasing a property! Hire expert lawyers at NoBroker.I would like to state how to obtain CC in my content.
What does CC certificate means?
A commencement certificate is a document given by a local municipal authority that enables the developer to build a new project. The commencement certificate is provided by the municipal authority when the developer has met all the eligibility criteria and got all the building plans sanctioned by the authority. This is what the building CC full form and definition means.
How to obtain CC of building?
To obtain CC of the building the developer must visit the local authorities of the municipal corporation. He should provide all the necessary documents for obtaining the CC. He has to provide proof for obtaining clearance from all the important departments such as the water department, fire department, sewage department, electricity department, etc.
Documents to be submitted are:
Property documents
Tax receipts
Photographs
NOCs from various government departments
A developer cannot begin construction before obtaining the commencement certificate. If you come across a project with no CC, try to look for some other projects. A property with CC is considered illegal property. I should let you know that all RERA does not approve a project without CC.
This is all about CC full form in real estate. I hope you find this informative.
Read more:
How To Get A Certificate Of Occupancy?
What Is Commencement Certificate For Building ?
How can we verify completion certificate and occupancy certificate online?
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What is the meaning of CC in new building?
Harshna
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3 Year
2021-02-15T21:16:50+00:00 2021-02-16T08:53:23+00:00Comment
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