Tag: Bhubaneswar

Latest StoriesRera

Odisha RERA Reforms Boost Benefits for Buyers

BHUBANESWAR: In addition to the Apartment Ownership Act, the Odisha Real Estate Regulatory Authority (ORERA) has introduced significant reforms aimed at safeguarding the interests of homebuyers while transforming its operational framework amidst a burgeoning real estate market. A central change includes the integration of local enforcement units with ORERA, significantly boosting its capacity to enforce orders effectively. Moreover, these reforms go beyond just structural modifications. District collectors are mandated to incorporate RERA provisions into their monthly reviews and to report any illegal constructions. The housing and urban development department will coordinate with the revenue and disaster management department to ensure…

Latest StoriesResidential

Bhubaneswar Body Allows Housing Society to Cut Utilities for Dues

BHUBANESWAR: In a landmark decision, the Bhubaneswar Development Authority (BDA) has made history in Odisha by granting an order that empowers an association of residential project allottees. This ruling allows the association to disconnect vital services to units that fail to pay monthly maintenance charges consistently. The allottees’ association filed a complaint with the competent authority regarding the ongoing non-payment of shared expenses by certain flat owners. The BDA reviewed the case and ruled in favor of the association, referencing provisions from the Odisha Apartment (Ownership and Management) Act of 2023. In total, four homeowners out of approximately 160 in…

InfrastructureLatest Stories

Experts: Unregulated Approvals, Drain Encroachment Cause Waterlogging

Representative image created by AI BHUBANESWAR: Experts have linked the persistent waterlogging in various city areas to years of unchecked plan approvals and violations of the Command Area Development Authority’s (CADA) canal framework. According to specialists, CADA canals serve as natural drainage channels designed to manage rainwater effectively in planned regions. However, rapid construction has led to the elimination of these crucial canals. “Although CADA is commonly associated with irrigation, its significance extends to urban environments as well. Effective water management and distribution are vital in addressing stormwater runoff and wastewater issues,” stated real estate expert Bimalendu Pradhan. Pradhan noted…

Latest StoriesRegulatory

Odisha HC’s Ruling Boosts Real Estate, Safeguards Homebuyers

BHUBANESWAR: Recent orders from the Orissa High Court, largely favoring homebuyers, are poised to transform the real estate landscape in Bhubaneswar. Experts believe this signals a decline in developer monopolies. The court issued a stay on the construction of an access road by a developer for his new project, responding to a plea from an allottee’s association from a major housing initiative at Paikarapur in Kalinga Nagar. The roadwork was reportedly undertaken within the common areas of the existing housing project. The developer was advancing the housing project in phases, a detail withheld from the original project owners. Allegations arose…

Latest StoriesRera

Odisha RERA Asks Developers to Update Project Info Online

BHUBANESWAR: To keep homebuyers informed, the Odisha Real Estate Regulatory Authority (ORERA) has mandated that all registered developers upload and regularly update information regarding their housing and plotting projects on the new ORERA 2.0 website. The newly launched website serves as a comprehensive platform for homebuyers, allowing them to easily access the latest information about the projects in which they have invested their money. In a letter sent to developers, ORERA requested that they update essential details of their projects, such as construction milestones, booking statuses of available units, and specifics about site engineers and architects involved. ORERA has also…

Latest StoriesResidential

Odisha Urges ULBs to Speed Up PMAY 2.0 Application Checks

BHUBANESWAR: In a bid to ensure the prompt allocation of homes under Pradhan Mantri Awas Yojana 2.0 (PMAY 2.0), the housing and urban development department has instructed all urban local bodies to hasten the verification process for applications submitted by beneficiaries. In a communication to the heads of urban local bodies, Satish Chandra Singh, joint secretary of the Odisha Urban Housing Mission, expressed dissatisfaction with the sluggish pace of the verification process and urged faster action alongside increased awareness among beneficiaries. Data indicates that 82,382 applications have been received to date, with 48,598 pertaining to beneficiary-led construction. However, only 13,925…

Latest StoriesRera

Planning Authorities to Notify Odisha RERA on Housing Approvals

BHUBANESWAR: The Housing and Urban Development Department has mandated that all planning authorities, including the Bhubaneswar Municipal Corporation, must notify the Odisha Real Estate Regulatory Authority (ORERA) regarding plan approvals for various housing and plotting projects. This step will facilitate ORERA’s follow-ups on developers’ activities. This initiative follows Prime Minister Narendra Modi’s recommendation during a Pragati review meeting for state governments to enhance ORERA’s effectiveness and ensure the enforcement of its orders for the benefit of homebuyers. Sources indicate that the ORERA chairperson recently communicated an eight-point agenda to the Chief Secretary aimed at reinforcing ORERA’s operations, including the requirement…

Latest StoriesRera

Govt to Strengthen Odisha RERA Compliance and Enforce Rules

BHUBANESWAR: To enhance regulation in the real estate sector, the housing and urban development department will partner with the revenue and disaster management department to enforce the decisions made by the Odisha Real Estate Regulatory Authority (ORERA). This initiative emerged from a high-level meeting recently chaired by Chief Secretary Manoj Ahuja. The authorities have been directed to utilize the Odisha Public Demand Recovery (OPDR) Act to collect penalties from defaulters, ensuring adherence to ORERA’s guidelines. To strengthen real estate enforcement, particularly in Bhubaneswar, ORERA will conduct joint operations with the Bhubaneswar Development Authority (BDA) and the Bhubaneswar Municipal Corporation (BMC).…