Tag: Bhubaneswar

Latest StoriesResidential

PMAY-Urban Deadline Extended to September End in Odisha

BHUBANESWAR: The central government has announced an extension of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) until September 30, 2026. This extension is deemed the final deadline for completing pending housing units, with a clear statement that no financial support will be granted for projects not initiated by December 31, 2025. An official update from the Ministry of Housing and Urban Affairs states that future central assistance will only apply to houses sanctioned before March 31, 2024, and those either completed or under construction by December 31, 2025. Any projects that do not commence before this deadline will be ineligible for…

Latest StoriesResidential

Bhubaneswar: BDA Directs Allotees’ Group to Hold New Executive Polls

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) has mandated the allottees’ association of a significant residential project in Kalinga Nagar to hold new elections for its executive committee. This decision follows complaints regarding serious procedural violations since the Odisha Apartment (Ownership and Management) Act, 2023, took effect. Acting as the relevant authority under the Act, the BDA issued this order after considering complaints from several allottees of the Kalinga Nagar apartment project. The plaintiffs alleged that the last election held in October 2024 contravened statutory requirements and model bye-laws. The BDA, after reviewing arguments from both parties and conducting a conclusive…

Latest StoriesRera

Odisha RERA Seeks More Autonomy from Government

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has called on the state government to provide it with financial and administrative autonomy due to operational challenges that hinder its effectiveness. This request follows a recent advisory from the Union Ministry of Housing and Urban Affairs, encouraging states to enhance the capacity and independence of their real estate regulatory bodies. In a letter sent to the state government earlier this month, ORERA highlighted that its lack of independent financial powers leads to reliance on government approvals for crucial decisions such as staff recruitment and salary disbursement. Officials have indicated that, although…

Latest StoriesResidential

Odisha Government Releases SOP for Apartment Registration

BHUBANESWAR: To enhance transparency in the apartment registration process, the revenue and disaster management department, along with the housing and urban development department, issued a joint standard operating procedure (SOP) on Friday. Officials indicated that the SOP aims to eliminate uncertainties arising from varied interpretations of the Odisha Apartment (Ownership and Management) Act, 2023, the Real Estate (Regulation and Development) Act, 2016 (RERA), and the Registration Act, 1908, thereby standardizing the registration process. The SOP categorizes apartment registrations into three types: resale of pre-RERA apartments, first sale of unsold flats in pre-RERA projects, and post-RERA apartments. It outlines the necessary…

InfrastructureLatest Stories

Bhubaneswar Launches Four New Town Planning Schemes for 969 Acres

BHUBANESWAR: On Wednesday, the Bhubaneswar Development Authority (BDA) revealed four new town planning (TP) schemes that will cover a total of 969 acres. Government officials indicated that the TP scheme, known as Samrudha Sahar, is designed to encourage planned urbanization and expedite economic progress throughout the state via comprehensive urban and regional planning. As part of this initiative, BDA will implement TP schemes in several areas: Patrapada mouza across 330.07 acres, Bhagabanpur mouza over 264.33 acres, Bijipur, Bhagabanpur, Baliapada, and Kasipur mouzas totaling 290.67 acres, and a portion of Bijipur mouza covering 83.68 acres. In total, these four schemes encompass…

IndustryLatest Stories

Odisha to Introduce New Act for Urban Rental Housing Update

BHUBANESWAR: The state government is gearing up to introduce new legislation to regulate tenancy, including mandatory written agreements, security deposit caps, and the establishment of rent authorities and courts for expedited dispute resolution. The proposed Odisha Urban Area Rent Control Act, 2026, released by the housing and urban development department on Saturday, is set to replace the aging Orissa House Rent Control Act of 1967 and its amendments, marking a significant transformation in urban rental housing governance within the state. Notably, the draft does not stipulate how much rent landlords can charge; that is left to agreements between tenants and…

Latest StoriesRera

Odisha Eases Apartment Registration for Pre-RERA Projects

BHUBANESWAR: In a significant boost for homebuyers, landowners, and promoters in Odisha, the State Government has issued a Special Order aimed at facilitating the registration of apartment units in projects completed before the Real Estate (Regulation and Development) Act (RERA) came into effect on October 5, 2016. Odisha Housing & Urban Development Minister Krushna Chandra Mahapatra announced this decision, stating it seeks to resolve long-standing registration challenges faced by buyers and other stakeholders in older apartment projects. According to a press release, “The Special Order, published in the Extraordinary Issue of the Odisha Gazette, establishes a clear legal framework to…

Latest StoriesResidential

Odisha Cabinet Approves Lower Stamp Duty for EWS Housing

BHUBANESWAR: The state cabinet has approved a significant reduction in stamp duty and registration fees for the Economically Weaker Section (EWS) beneficiaries of Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 and other state affordable housing schemes. This decision is aimed at alleviating financial burdens. In accordance with the guidelines from the Union housing ministry, states are expected to limit these charges to below 1% for dwelling units up to 60 sqm under PMAY-U 2.0. Currently, stamp duty and registration fees in Odisha vary between 6% and 7%. With the new provision, these fees will be lowered to between 0.6% and 0.7%,…

Latest StoriesResidential

Odisha Housing Board Launches Four New Affordable Projects

Representative Image BHUBANESWAR: The Odisha State Housing Board (OSHB) has unveiled plans for four significant projects for the financial year 2026-27, aimed at producing approximately 6,877 inclusive residential units. During a review meeting led by housing and urban development secretary Usha Padhee, the four proposed initiatives were detailed: the Suango Public-Private Partnership (PPP) project on 12.9 acres near AIIMS-Bhubaneswar, Ranasinghpur EPC housing, Patrapada housing, and the Basanti Colony joint venture residential apartment project. The Suango project will establish 2,867 dwelling units, among which 1,034 will be affordable housing. This initiative is expected to generate at least Rs 210 crore in…

Latest StoriesRera

110+ Developers Receive Odisha RERA Notices for Missing Reports

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (Orera) has issued show-cause notices to 113 developers due to their failure to submit mandatory quarterly progress reports (QPRs). As mandated by the Real Estate (Regulation and Development) Act, 2016, all registered promoters are required to submit QPRs, detailing the current status of their projects, including construction timelines and financial information such as funds received from allottees and their usage. Orera warns that non-compliance with the Act and its provisions—such as not updating QPR data on project websites—could lead to penalties of up to 5% of the project’s estimated cost. Developers who do…