Tag: Odisha Real Estate Regulatory Authority

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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…

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Odisha RERA Permits Hard Copy Submissions for Offline Projects

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has revised the quarterly progress report (QPR) formats for builders, now allowing hard-copy submissions for offline-registered projects, moving away from the previous online-only system. These new formats, recently announced, will take effect starting from the quarter ending June 2026. Officials believe this change will enhance transparency, accuracy, and compliance tracking as per the Odisha Real Estate (Regulation and Development) Act 2016 (RERA). Under the new guidelines, projects registered offline, though limited in number, will submit QPRs in physical format, while the majority of online-registered projects will continue to file reports digitally via…

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Odisha REAT Upholds Penalty on Promoter for Uncertified Flats

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed an appeal from a local promoter and upheld the Rs 3 lakh penalty for delivering flats in the Gadakana housing project without the necessary occupancy certificate (OC) and failing to secure registration from the Odisha Real Estate Regulatory Authority (ORERA). This ruling was issued on March 6. The tribunal affirmed ORERA’s March 4, 2024, directive, which penalized the promoter for breaching Section 3(1) of the Real Estate (Regulation and Development) Act, 2016, which stipulates that all eligible projects must be registered before any sales or promotions occur. The tribunal also…

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OREAT Rejects Promoter’s Appeal on Ghatikia RERA Conditions

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has rejected an appeal from a developer contesting the conditions set by the Odisha Real Estate Regulatory Authority (ORERA) regarding the registration of phase III of a real estate project in Ghatikia. When issuing the registration certificate for the third phase, ORERA imposed two key conditions: the developer must not execute any sale agreements without re-validated building plan approval or an occupancy certificate, and they must refrain from any sale agreements until the Orissa High Court’s mandate for correcting land records is fully adhered to. The disagreement stems from discrepancies in revenue…

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Odisha Housing Minister Discloses ORERA Case Backlog

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has registered a total of 4,334 cases against 714 builders since its establishment in 2017. Out of these, 1,028 cases are still pending resolution, as reported by Housing and Urban Development Minister Krushna Chandra Mahapatra in the state assembly. The minister addressed a question from MLA Mangu Khilla regarding ORERA’s operational effectiveness. Khilla also inquired about the government’s actions to enhance ORERA’s functions. Mahapatra stated that the government has increased staffing and oversight, but various external factors continue to obstruct timely justice for homebuyers. He indicated that procedural and legal hurdles, rather…

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Odisha RERA to Hold Weekly Meetings for Timely Project Registrations

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) plans to undertake visits to Chhattisgarh, Andhra Pradesh, and Telangana to study successful practices in the timely issuance of registration certificates for real estate projects. Additionally, ORERA will hold weekly meetings with its officials responsible for registration to discuss and resolve issues, ensuring that property registration certificates are granted within the mandated 30-day timeframe. This decision comes after ORERA received criticism for delays in issuing registration certificates, which are crucial documents affirming the authenticity of projects. The certificates are granted following a comprehensive review of land ownership and layout plans. While the…

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Over 70 Realty Projects Missed Registration Deadline: RTI Reply

Sure! Here’s a rewritten version of the content you provided: BHUBANESWAR: Concerns are rising among promoters and homebuyers due to delays in the issuance of registration certificates by the Odisha Real Estate Regulatory Authority (ORERA). An RTI response has highlighted significant lapses from the approved timelines. As per the Odisha Real Estate (Regulation and Development) Act, 2016, intended to safeguard homebuyers’ interests while regulating the sector, the authority is required to process registration applications within 30 days of receipt. Currently, many approvals are taking much longer than this timeframe. The RTI response indicated that 72 projects have yet to receive…

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Odisha RERA to Hire Civil Engineers for Buyer Protection

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has started the recruitment of a civil engineer to conduct in-depth evaluations of various real estate projects. This initiative aims to protect the interests of homebuyers and enhance transparency. According to ORERA, the ideal candidate should have prior experience in the role of executive engineer within the roads and buildings division of the works department or similar roles in government or registered private agencies. In its official announcement, ORERA noted, “The selected engineer will perform field inspections as required by the authority in cities like Bhubaneswar, Berhampur, Balasore, Sambalpur, Rourkela, and other…

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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…

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Odisha RERA Updates Quarterly Report Formats for Agents

BHUBANESWAR: To bolster accountability and improve transparency in the real estate sector, the Odisha Real Estate Regulatory Authority (ORERA) has mandated a new format for quarterly progress reports (QPRs) from registered agents, in accordance with the Real Estate (Regulation and Development) Act, 2016. This initiative comes after an audit by the Directorate of Audit, Indirect Taxes and Customs, which highlighted significant non-compliance and insufficient data in quarterly submissions by agents. Starting from the quarter ending December 2025, agents will be required to provide detailed, transaction-level information. According to the ORERA directive, “The DG Audit, Indirect Taxes and Customs, Govt of…