KMC has also prohibited transactions in buildings or any structures that were constructed in contravention of the building regulations.
As KMC is all set to demolish buildings constructed without permits or in violation of other building regulations, the authorities have asked the Land Revenue Office not to transfer ownership for such buildings unless the owners come up with building completion certificates issued by KMC.A building completion certificate is issued to the owner by the local body if the construction work has been carried out in accordance with all the building regulations and is therefore safe.
"We have asked the Land Revenue Office to mandatorily ask the house owners for the completion certificates while transferring property ownership or carrying out building-related transactions," said KMC chief Rudra Singh Tamang.
He said that a building is illegal unless the house owner receives the building completion certificate from the local body.
But a majority of house owners in Kathmandu are yet to receive their completion certificates as they have not followed the building standards and have used substandard materials, according to Tamang.
Issuing a letter on Wednesday, KMC asked the Land Revenue Office, the Insurance Board, Nepal Rastra Bank and all banks and cooperatives not to provide loans with buildings as collateral unless the house owners present the building completion certificates.
KMC has asked the Insurance Board to direct all insurance companies not to provide insurance cover for buildings that were constructed illegally of for which the owners are yet to take the building completion certificates.
Likewise, KMC has also asked Nepal Rastra Bank and the Division Cooperatives Office not to provide loans to owners against unsafe buildings as collateral.
As per the law, once a building is constructed, the house owner should inform the local body about the completion and seek a building completion certificate. After checking whether the building is as per the approved design, the local body issues the certificate.
But as a building completion certificate is not used for ownership transfers or for other important transactions such as seeking loans from banks, this has encouraged many house owners to modify their buildings as they please.
KMC also appealed to all house owners to seek building completion certificates immediately.
Preliminary assessments of earthquake damage in the Valley carried out by the Ministry of Federal Affairs and Local Development (MoFALD) had concluded that a majority of the buildings flouting building regulations were completely destroyed or severely damaged by the recent earthquake.
In Kathmandu district alone, 36,973 buildings were completely destroyed and 50,753 partially damaged.
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