If your property does not have an OC, there are chances that it can be considered illegal. If the buyer of the property is looking to avail a home loan, OC is one of the important documents to submit. It’s essential to have an occupancy certificate if you wish to sell your home. However, you can even sell it without an OC on mutual understanding, but you may not get the best rates.
Note – Older buildings may not have an OC in Mumbai