BHUBANESWAR: In a bid to keep homebuyers informed, the Odisha Real Estate Regulatory Authority (ORERA) directed all developers registered with it to upload and update information about their respective housing and plotting projects on its new website, ORERA 2.0.The recently launched website is a comprehensive...
BHUABANESWAR: State govt on Wednesday appointed a chairperson and two other members of the Odisha Real Estate Regulatory Authority (ORERA) to continue grievance redressal for homebuyers. Asit Kumar Mohapatra was appointed as ORERA chairman, while Rajendra Mishra and Shyam Sundar Dash will join as the other two...
BHUBANESWAR: In relief to homebuyers, the state govt on Monday appointed Usha Padhee, who is the principal secretary of housing and urban development department, as the interim chairperson of Odisha Real Estate Regulatory Authority (ORERA).The govt move comes two days after the third and only member of ORERA...
BHUBANESWAR: In an attempt to safeguard the interests of homebuyers, Odisha Real Estate Regulatory Authority (ORERA) has sought the intervention of the state govt in instructing planning authorities to abide by its provisions which mandates obtaining the consent of two-third of the allottees if any promoter intends...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has revoked the registration of a real estate project because its approach road was on land belonging to the railways. It also barred the promoter from accessing the project site.This is the second instance in the state when the registration certificate...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has made the uploading of occupancy and completion certificates of housing projects on its website mandatory for developers.The completion certificate is a legal document testifying that a building is constructed adhering to all set norms. The occupancy...
BHUBANESWAR: In a move to enhance transparency and accountability, the Odisha Real Estate Regulatory Authority (RERA) has announced the empanelment of specialised forensic audit firms to investigate projects suspected of irregularities or delays.The initiative comes as part of ORERA's broader mandate to protect the...
BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of Rs 62 lakh on a city-based realtor for not providing adequate car parking space to a homebuyer in a real estate project in Shankarpur area. This is the first time that ORERA imposed a fine over lack of car parking in any real estate...
BHUBANESWAR: State govt has initiated the process to appoint a new chairperson of Odisha Real Estate Regulatory Authority (ORERA) after the premature exit of Siddhanta Das, who left the post on Feb 28.The housing and urban development department has issued a letter to the principal secretary of law department,...
BHUBANESWAR: In yet another stern action, the Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of Rs 1 crore on a developer for allegedly taking a booking amount of Rs 1 lakh from a homebuyer without obtaining the registration certificate from ORERA.Hearing the case suo motu, a three-member bench...