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Bengaluru’s Mantri group tells SC it has given possession in its delayed project, but flats don’t have an OC

Buyers said that they could not take possession of their flats because contrary to what the developer had told the apex court, many flats were not ready for possession as they did not have an OC, which is mandatory prior to handing over possession.

May 03, 2024 / 08:31 IST
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In November 2023, the SC had passed an interim order directing the developer to hand over possession of the Mantri Serenity project to homebuyers

In a recent Supreme Court hearing, Bengaluru-based developer Mantri Castles Private Ltd told the apex court that it had offered possession to buyers of flats in its delayed Mantri Serenity project. However, Moneycontrol found that several apartments were yet to obtain occupancy certificates (OCs). As per  RERA rules and bylaws of the Bruhat Bengaluru Mahanagara Palike (BBMP) — the city's municipal corporation — OCs are mandatory before possession may be offered.

On April 30, the Supreme Court (SC) took cognisance of the issue based on submissions made by Senior Counsel Bishwajit Bhattacharyya, who is representing the homebuyers.

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About 48 homebuyers from the delayed project had approached the SC after the developer failed to offer possession between 2015 and 2019.

The company told the court on April 2, 2024, that letters of possession had been issued to all buyers, yet several had not taken possession of their flats.