Developers Must Secure All Mandatory NOCs to Avoid Legal Disputes: CREDAI Hyderabad President
CREDAI Hyderabad President N. Jaideep Reddy said developers must obtain all mandatory No Objection Certificates (NOCs) and statutory approvals before starting construction to avoid legal disputes and protect homebuyers.
Pradeep Bliss issue appears linked to an irrigation department NOC; resolution likely
SAMUEL JOSHUA
The controversy surrounding the Pradeep Bliss residential project has brought renewed focus to the importance of securing all mandatory statutory approvals before construction, highlighting the need for developers to obtain every required No Objection Certificate (NOC) under the law to avoid legal disputes and safeguard homebuyers.
"Every developer must obtain all mandatory No Objection Certificates (NOCs) required under the law. If all mandatory approvals and NOCs are in place, there should not be any issue. As the Pradeep Bliss matter is before the court, I do not wish to comment further. However, from what I understand, the issue appears to be related to an irrigation department NOC. It could also be a case of some miscommunication, and I believe the issue will be resolved," said N. Jaideep Reddy, President, CREDAI Hyderabad.
Reddy added that CREDAI would stand by its member developers if they face action despite obtaining all statutory approvals, provided the case is genuine. He maintained that projects with all mandatory approvals and NOCs should not face unnecessary hurdles.
Advising homebuyers, Reddy said buyers should verify that every project has obtained all mandatory No Objection Certificates (NOCs) and statutory approvals before purchasing a property. He added that carrying out proper due diligence would help buyers avoid potential legal disputes in the future.
Hyderabad remains one of the country's most attractive residential destinations, driven by infrastructure growth, land availability and employment opportunities, Jaideep Reddy said. He attributed the city's appeal to major infrastructure projects such as the Outer Ring Road (ORR), Regional Ring Road (RRR), Metro Rail expansion and Future City, adding that these continue to attract homebuyers from across the country and overseas, including professionals returning from Gulf countries.
Commenting on housing inventory, Reddy noted that developers typically sell the remaining 10 to 15 per cent of units within about a year of receiving the Occupancy Certificate (OC), after which unsold inventory generally falls to single digits, with strong rental demand reflecting healthy end-user demand across the city.
On affordability, Reddy said buyers looking for lower-priced homes often have to consider locations farther from the city centre, as land values largely determine housing prices. Many tenants eventually choose to purchase homes in the same projects where they live, reflecting a preference to own homes in familiar neighbourhoods.
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