Tag: Odisha Apartment (Ownership and Management) Act 2023

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…

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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…

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Odisha Flat Owners Face ₹50,000 Stamp Fee for Common Areas

BHUBANESWAR: In an effort to simplify apartment registrations, the state government announced amendments to the Indian Stamp Act, 1899, via an ordinance on Thursday. This initiative aims to alleviate the financial pressures on apartment owners’ associations and eliminate procedural obstacles. The announcement, published in the Odisha Gazette, follows the state cabinet’s green light earlier this January. The amendments are expected to streamline the registration process under the Odisha Apartment (Ownership and Management) Act, 2023, while protecting government revenue. With this ordinance, the framework for implementing the amended stamp duty is now in place. Under the 2023 Act, developers are obliged…

Latest StoriesResidential

Bhubaneswar Residents Blame Builder for Safety Neglect and Occupation

BHUBANESWAR: Residents of a significant real estate project in Rasulgarh have made serious allegations against their builder, claiming unauthorized occupation of common areas for commercial use. The residents’ association has filed a grievance with the Chief Minister, the Housing and Urban Development Minister, and the Odisha Real Estate Regulatory Authority (ORERA), urging immediate intervention regarding ongoing issues. The grievance states, “The builder is illegally using our parking area for unauthorized construction and operating a commercial office in a purely residential complex, creating significant difficulties for the 52 flat owners who struggle to park their vehicles.” Additionally, concerns about safety were…