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...
BHUBANESWAR: Some city-based developers have alleged that the Odisha Real Estate Regulatory Authority (ORERA) is passing "arbitrary" orders without forming an appropriate bench.ORERA recently heard a case suo motu regarding a real estate project in Phulnakhara, and passed an order stating that the realtor cannot...