Tag: Odisha Real Estate Regulatory Authority

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Planning authorities asked to inform Odisha RERA about housing project approvals

BHUBANESWAR: The housing and urban development department has asked all the planning authorities, including Bhubaneswar Municipal Corporation, to mandatorily inform Odisha Real Estate Regulatory Authority (ORERA) about the plan approvals they give to different housing and plotting projects. This will enable ORERA to conduct necessary follow-ups on the developers’ activities. The move came after Prime Minister Narendra Modi, while chairing a Pragati review meeting, asked the state govts to strengthen ORERA and ensure proper execution of its orders in the interest of homebuyers. According to sources, the ORERA chairperson recently wrote to the chief secretary, mentioning an eight-point agenda to…

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Odisha RERA directs developers to update project details on new website

BHUBANESWAR: In a bid to keep homebuyers informed, the Odisha Real Estate Regulatory Authority (ORERA) directed all developers registered with it to upload and update information about their respective housing and plotting projects on its new website, ORERA 2.0. The recently launched website is a comprehensive platform for homebuyers to visit and easily get the latest information about the projects in which they invested their hard-earned money. In a letter to developers, ORERA asked them to update critical details of their projects, including information about construction milestones and booking status of all the units, as well as details of professionals…

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Odisha RERA faces closure as two members set to retire in May

representative image BHUBANESHWAR: The Odisha Real Estate Regulatory Authority (ORERA) is heading towards a complete shutdown as its remaining two members are due to retire in May, raising concerns among homebuyers and developers across the state. The regulatory body was already functioning with reduced capacity following the premature departure of chairperson Siddhanta Das in Feb. Member (admin) Pradeep Kumar Biswal is scheduled to retire on May 2, while member (judicial) Gopal Chandra Patnaik, who is currently serving as acting chairperson, will complete his tenure on May 9. ORERA’s standard operating procedure requires a three-member bench to hear cases, with decisions…

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Odisha RERA seeks government action on promoter violation

BHUBANESWAR: In an attempt to safeguard the interests of homebuyers, Odisha Real Estate Regulatory Authority (ORERA) has sought the intervention of the state govt in instructing planning authorities to abide by its provisions which mandates obtaining the consent of two-third of the allottees if any promoter intends to take up any revision work or alteration in a housing project. The request was made by the authority upon revelation that many promoters have been overlooking this important provision of RERA and fraudulently obtaining approval for revised building plans from the planning authorities. This is resulting in homebuyers being kept in the…

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Odisha government appoints interim chairperson for RERA

BHUBANESWAR: In relief to homebuyers, the state govt on Monday appointed Usha Padhee, who is the principal secretary of housing and urban development department, as the interim chairperson of Odisha Real Estate Regulatory Authority (ORERA). The govt move comes two days after the third and only member of ORERA retired, making the authority virtually defunct. The chairperson, Siddhanta Das, exited the office in Feb, while the chairperson (in-charge), Gopal Chandra Patnaik, retired on Saturday. The member (admin), Pradeep Biswal, also retired on May 2. With the appointment of Padhee as the interim chairperson, ORERA can at least continue with its…