An OC or Occupancy Certificate is a document issued by local authorities that certifies that a building is fit for occupation and has been constructed as per the approved plan and in compliance with local laws. It confirms that the building meets essential civic requirements such as drainage, electricity, etc. and has been constructed in compliance with the building code. An OC is necessary to cement the legal status of the property and is required when applying for a home loan or purchasing a resale property. It is also needed to sell a property. Without a valid OC, a project is deemed an unauthorized structure, and the local municipal body has the right to initiate legal action. It is only after a project receives an OC that the builder can apply for various utilities for the project. An OC signifies a propertys readiness for occupancy and ensures the suitability of a property for possession. It helps to ensure that neither any untoward accident occurs nor are you offered an unsafe building to reside in.