Tag: Bhubaneswar

IndustryLatest Stories

Odisha Drafts Law to Simplify Land Management

Representative image BHUBANESWAR: The Odisha government is set to introduce a new land management law in the upcoming assembly session, aiming to replace multiple existing Acts related to land administration, as stated by Revenue and Disaster Management Minister Suresh Pujari on Monday. A consultative meeting regarding the proposed legislation, known as the Odisha Govt Land Management Act, was conducted on Monday. “The draft is ready, and we anticipate introducing the Bill during the next session of the Vidhan Sabha,” Pujari informed the media. The proposed law aims to replace outdated and overlapping revenue statutes with a more cohesive legal framework.…

Latest StoriesRegulatory

Idco Land Buildings Owe ₹72 Crore in Holding Tax

BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has determined that it expects to collect Rs 72 crore in holding tax from properties built on land owned by the Odisha Industrial Infrastructure Development Corporation (Idco). Following government approval last year, BMC will begin collecting this holding tax from Idco properties starting in the financial year 2025-26. Of the total Rs 72 crore, around Rs 32 crore is owed by educational institutions located on Idco land, according to civic body officials. Holding tax is crucial for strengthening the BMC’s financial resources. In addition to educational institutions, government and commercial establishments, as well as…

IndustryLatest Stories

Bhubaneswar body criticized for delayed PMAY-U 2.0 village list

BHUBANESWAR: The Housing and Urban Development Department has once again reprimanded the Bhubaneswar Development Authority (BDA) for not providing the required list of revenue villages for the Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0). A reminder was issued, instructing the authority to submit the certified list “immediately.” In the reminder, Joint Secretary Satish Chandra Singh noted that despite prior instructions on February 28, 2025, BDA failed to provide the list of villages certified by the Vice-Chairman in the required format. The department emphasized the need for BDA to prioritize this matter, citing that the delay has a direct impact on…

IndustryLatest Stories

Over 70 Realty Projects Missed Registration Deadline: RTI Reply

Sure! Here’s a rewritten version of the content you provided: BHUBANESWAR: Concerns are rising among promoters and homebuyers due to delays in the issuance of registration certificates by the Odisha Real Estate Regulatory Authority (ORERA). An RTI response has highlighted significant lapses from the approved timelines. As per the Odisha Real Estate (Regulation and Development) Act, 2016, intended to safeguard homebuyers’ interests while regulating the sector, the authority is required to process registration applications within 30 days of receipt. Currently, many approvals are taking much longer than this timeframe. The RTI response indicated that 72 projects have yet to receive…

InfrastructureLatest Stories

Bhubaneswar BDA Advances Town Planning Scheme No. 8

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) has begun implementing Town Planning Scheme (TPS) no. 8, which encompasses 560.81 acres in the Andharua and Daspur mouzas. This initiative is part of the BDA’s extensive plan to promote systematic urban development without compulsory land acquisition for the proposed inner ring road in the TP zone, reducing delays and legal disputes. According to a recent tender released by the BDA, the agency will conduct a comprehensive survey of the area, defining scheme boundaries, roads, and plots, while installing markers at specific points. The agency’s responsibilities will include preparing layout maps, offering digital outputs…

Latest StoriesResidential

Odisha to Finish 48,000 Pending PMAY-U Homes

BHUBANESWAR: The housing and urban development department plans to construct over 48,000 incomplete houses under the Pradhan Mantri Awas Yojana–Urban (PMAY-U), with the scheme deadline extended to December 31, 2025. The Union housing and urban affairs ministry informed the state that the PMAY-U was launched on June 25, 2015, to provide durable houses with essential amenities to eligible urban populations nationwide. The ministry noted, “The implementation period of the PMAY-U scheme, previously ending on March 31, 2022, has been extended to December 31, 2025, allowing sanctioned houses to be completed without altering the funding framework and implementation strategy.” As per…

InfrastructureLatest Stories

Construction Halted in Bhubaneswar, Cuttack from 6 PM to 10 AM

BHUBANESWAR: To combat air pollution, Environment Minister Ganesh Ram Singkhuntia announced on Tuesday that all construction activities in Bhubaneswar and Cuttack will be prohibited from 6 pm to 10 am. The district collectors of Khurda and Cuttack have been tasked with enforcing this directive. “All forms of construction work, whether private or government, are suspended in the twin cities during this timeframe. The National Highways Authority of India (NHAI) and the state Works Department have been notified,” he added. The Bhubaneswar Development Authority (BDA) and Bhubaneswar Municipal Corporation (BMC) have taken measures to alleviate air pollution in the capital. BMC…

Latest StoriesResidential

Fixed Fee for Transferring Common Areas in Odisha Flat Sales

BHUBANESWAR: To facilitate smoother sale deed registrations for apartments, the revenue and disaster management department has issued an important notification establishing a fixed fee for the transfer of common areas to the association of allottees under the Odisha Apartment (Ownership and Management) Act, 2023. Through this notification, amendments have been made to the Registration Act of 1908, introducing a fee of ₹20,000 for the transfer of common areas during the sale deed execution between the promoter and the association of allottees. Previously, the lack of a defined fee led to confusion and issues surrounding property registrations in the state. The…

Latest StoriesRera

Odisha RERA to Hire Civil Engineers for Buyer Protection

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has started the recruitment of a civil engineer to conduct in-depth evaluations of various real estate projects. This initiative aims to protect the interests of homebuyers and enhance transparency. According to ORERA, the ideal candidate should have prior experience in the role of executive engineer within the roads and buildings division of the works department or similar roles in government or registered private agencies. In its official announcement, ORERA noted, “The selected engineer will perform field inspections as required by the authority in cities like Bhubaneswar, Berhampur, Balasore, Sambalpur, Rourkela, and other…

Latest StoriesRegulatory

Odisha Govt Amends Stamp Rules to Simplify Property Valuation

BHUBANESWAR: The government has announced revisions to the Odisha Stamp Rules of 1952, designed to enhance property valuation and improve transparency in stamp duty assessments. These amendments, issued by the revenue and disaster management department under Section 75 of the Indian Stamp Act of 1899, are known as the Odisha Stamp (Amendment) Rules, 2025, and will take effect upon publication in the Odisha Gazette. Officials indicated that the modifications aim to ensure more scientific and equitable property valuations. According to the updated regulations, the sub-district valuation committee will utilize plot-wise fair market value data provided by tehsildars. In urban areas,…