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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…

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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…

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…

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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…

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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).…