Monday, October 25, 2010

Don't book a flat if there is no commencement certificate (CC) and consider only the carpet area and not the built-up, super built-up or saleable area!

Maharashtra Chamber of Housing Industry (MCHI) wants to end "unethical practices"!


With a view to curb unethical practices, the Maharashtra Chamber of Housing Industry (MCHI), the apex body of real estate business in the state, has directed all its members not to book flats without receiving the commencement certificate (CC) from the authorities.

The MCHI has also asked its members to sell flats as per their carpet area and not on the built-up and super built-up basis, Mantri said. Following a public outcry against the sale of as high as 40% of built-up area, the state government had warned builders of action if they do not sell flats on the basis of their carpet area. Read More

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1 comment:

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