BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal filed by a city-based realtor and upheld an Odisha Real Estate Regulatory Authority (ORERA) order requiring the promoter to obtain the completion and occupancy certificates (OC) for its duplex project in...
BHUBANESWAR: Odisha Real Estate Appellate Tribunal (OREAT) has dismissed appeals filed by a public sector bank seeking to auction a real estate project in the city where buyers have made substantial investments.The bank had filed the appeal while challenging an earlier order of Odisha Real Estate...
BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) recently passed a landmark order, while referring to Shakespeare’s infamous moneylender Shylock from The Merchant of Venice, and imposed a fine of Rs 10 lakh on a real estate developer.The tribunal, hearing the appeal of the promoter of...
BHUBANESWAR: In a ruling that reinforces the rights of homebuyers, the Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal filed by a city-based promoter, upholding the allotment of a flat to a buyer and declaring its cancellation as arbitrary and illegal.The case revolved around a...
BHUBANESWAR: Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal by a city-based realtor challenging the applicability of RERA Act, 2016 to one of its residential projects in Andharua.The tribunal, during a recent hearing, upheld the Odisha Real Estate Regulatory Authority’s...