Latest StoriesRera

Odisha REAT Upholds ORERA Order on Builder’s OC and Common Areas

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has rejected an appeal from a local realtor, affirming an order from the Odisha Real Estate Regulatory Authority (ORERA) that mandates the developer acquire completion and occupancy certificates (OC) for a duplex project in Janla. Upon discovering violations by the builder, OREAT instructed the formation of an allottees’ association and the transfer of common areas and statutory documents to the property buyers within two months. The project comprises 41 duplex apartments. An OREAT panel asserted that the real estate company is the promoter of the entire development and cannot lessen its legal…

InfrastructureLatest Stories

Eviction Drives by Bhubaneswar Body in Patia, Kalarahanga

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) ramped up its efforts to reclaim government land from encroachers by conducting consecutive anti-encroachment drives in the Patia and Kalarahanga regions. On Monday, during the demolition operation in Patia, officials dismantled a 50-foot boundary wall and various concrete structures, successfully reclaiming 50 decimals of land. The significance of the Patia drive was underscored by the illegal occupation of the right-of-way for Patia College Road, which had been disrupting daily traffic. Authorities expect commutes to improve as a result. In Kalarahanga, officials took down two under-construction shops and two water tanks, freeing up an additional…

Latest StoriesResidential

Bhubaneswar: Dhauli Heights Allotment Nears End After Decade

BHUBANESWAR: Cooperation Minister Pradeep Bal Samanta announced that the allotment process for Dhauli Heights is nearing completion, bringing hope to allottees who have been waiting for almost a decade to occupy their homes in the project. In response to a question from legislator Dhruba Charan Sahoo regarding the status of house handovers, Samanta mentioned that the final arrangements are being made for the project managed by Odisha Cooperative Housing Corporation (OCHC) Limited. Launched in 2014, the Dhauli Heights housing project in Badaraghunathpur, Tamando, faced delays due to contractor issues and financial constraints. Currently, Samanta stated that the allotment process is…

Latest StoriesResidential

OSHB, BDA Allocate 1,600+ Plots in Bhubaneswar

BHUBANESWAR: The Odisha State Housing Board (OSHB) and the Bhubaneswar Development Authority (BDA) have collectively allocated over 1,600 plots and homes under various housing schemes in the capital over the past thirty years. In response to a question from legislator Manorama Mohanty, state housing and urban development minister Krushna Chandra Mahapatra shared this information in the assembly. The OSHB has allocated 692 plots and houses in two significant schemes. Among these, 460 units under MIG and HIG categories were distributed in the Satyasai Enclave scheme at Mouza Aiginia, while 232 HIG units were granted under the Dharma Vihar scheme at…

Latest StoriesResidential

Bhubaneswar: Plot Handover in Vasudev Vihar Delayed for Buyers

Representative AI image BHUBANESWAR: Progress in handing over the plots in the Vasudev Vihar scheme has been slow, with the Odisha State Housing Board (OSHB) yet to finish their development. In April 2022, OSHB, a state agency under the housing and urban development department, advertised the property comprising 166 plots of various sizes in Jagannathpur mouza, with bookings concluding in May 2022. The allotment procedure, initiated through a lottery system, was expected to conclude by December 2023, although the handover has yet to occur. Many buyers, primarily retired government employees, are eagerly waiting to take possession of the plots where…

Latest StoriesRera

Odisha REAT Ensures Homebuyer Rights in Realty Dispute

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed appeals from a public sector bank that sought to auction a real estate project in the city, where buyers have made significant investments. The bank’s appeal challenged a prior ruling from the Odisha Real Estate Regulatory Authority (ORERA) after the project promoters defaulted on loan repayments. The tribunal concluded that by initiating auction proceedings under the SARFAESI Act, 2002, the bank “stepped into the shoes of the promoter” and is required to assist in completing the halted housing project. This dispute originated from two separate complaints lodged by allottees of…

IndustryLatest Stories

Odisha directs collectors to allocate sites for landless housing beneficiaries

Representative Image BHUBANESWAR: The Odisha government has instructed district collectors to allocate land sites to landless families beneficiary of various rural housing schemes. In a letter to the collectors, Girish S N, Secretary of the Panchayati Raj and Drinking Water Department, emphasized that eligible landless beneficiaries should be prioritized for housing site allocations. Additionally, the government has directed block development officers (BDOs) to meet with relevant tahsildars on the first Saturday of each month to address these concerns. Unfortunately, there are still 871 beneficiaries of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) in 11 out of 30 districts awaiting land site…

CommercialLatest Stories

Bhubaneswar: BMC to Survey Commercial Activities in Homes

BHUBANESWAR: As parking problems escalate in residential areas due to rising commercial activities, the Bhubaneswar Municipal Corporation (BMC) has decided to conduct an extensive survey across various wards to formulate plans for regulating parking and commercial operations. During a corporation meeting on Wednesday, BMC corporators expressed concerns over this mounting issue in the city’s lanes and by-lanes, prompting a lengthy discussion aimed at assessing the severity of the problem. “The parking situation is a major concern for the city, and we are actively seeking solutions. Initial discussions have taken place. Hospitals and similar institutions must collaborate to create adequate parking…

InfrastructureLatest Stories

Bhubaneswar: BMC Demolishes Unauthorised Construction in Sampur

Representative image BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has instructed the removal of unauthorized construction at a multi-storied apartment complex in Sampur after a thorough investigation under the Orissa Development Authorities Act, 1982. The order was issued by the ODA court following multiple complaints from homebuyers in the same project, who reported deviations from the approved building plan. According to the court’s findings, the developer failed to adhere to essential requirements, including setbacks, internal road width, and inter-block gaps. A field verification report indicated significant setbacks in the residential project. The internal road measured only 16.9 to 18 feet instead…

CommercialLatest Stories

Odisha Approves Policy to Become GCC Hub

BHUBANESWAR: The Odisha government has recently approved a policy aimed at transforming the state into a hub for Global Capability Centres (GCCs) through a range of incentives, an official reported. A GCC is a facility set up by multinational companies to centralize and handle essential business operations such as IT, research and development, and finance. A cabinet meeting led by Chief Minister Mohan Charan Majhi approved 12 proposals from nine departments, including the Odisha Global Capability Centre (GCC) Policy 2025, as stated by Chief Secretary Manoj Ahuja. The new policy seeks to attract major multinational firms to set up and…