BHUBANESWAR: In a significant relief to homebuyers, landowners, and promoters across Odisha, the State Government has issued a Special Order to facilitate the registration of apartment units in projects completed prior to the implementation of the Real Estate (Regulation and Development) Act (RERA)...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (Orera) has issued show-cause notices to 113 developers for failing to file mandatory quarterly progress reports (QPRs).Under the Real Estate (Regulation and Development) Act, 2016, submission of QPRs is a statutory requirement for all registered...
BHUBANESWAR: Real estate experts and homebuyers in Odisha have welcomed the Centre’s decision to replace the provision of imprisonment for allottees for non-compliance with tribunal orders under the Real Estate (Regulation and Development) Act, 2016, (RERA) with a monetary penalty.Legal and real...
BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has modified the quarterly progress report (QPR) formats for builders and allowed hard-copy submission for offline-registered projects, doing away with the only online filing system earlier.The revised formats, notified recently, will...
BHUBANESWAR: In a first, the Kantabada panchayat has approached the Odisha Real Estate Appellate Tribunal (OREAT), challenging the Bhubaneswar Development Authority’s (BDA) decision to grant building plan approval to a private housing project allegedly falling within the panchayat’s jurisdiction,...
BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal filed by a city-based promoter and upheld the Rs 3 lakh penalty imposed on him for handing over flats at the Gadakana housing project without securing the mandatory occupancy certificate (OC) and for not obtaining...
BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal filed by a promoter challenging the conditions imposed by Odisha Real Estate Regulatory Authority (ORERA) on the registration of phase III of his real estate project in Ghatikia. ORERA, while issuing the...
BHUBANESWAR: As many as 4,334 cases were registered against 714 builders with the Odisha Real Estate Regulatory Authority (ORERA) ever since its inception in 2017 and of those, 1,028 cases remained pending for resolution, according to a recent reply by housing and urban development minister Krushna...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has decided to make exposure visits to Chhattisgarh, Andhra Pradesh and Telangana to learn the best practices adopted by the neighbouring states in the timely grant of registration certificates to realty projects.The authority also decided...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has initiated the process to induct a civil engineer, who is expected to carry out extensive verification of different real estate projects to safeguard homebuyers’ interests and establish transparency.According to ORERA, the civil...