Tag: Odisha RERA

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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…

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Odisha REAT Fines Developer for Unfair Trade Practices

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) recently issued a groundbreaking ruling, referencing Shakespeare’s notorious moneylender Shylock from *The Merchant of Venice*, and imposed a fine of ₹10 lakh on a real estate developer. The tribunal was reviewing an appeal from the promoter of a large real estate project situated in Cuttack alongside NH-16. The tribunal criticized the developer’s actions as “dubious,” accusing them of “unfair trade practices” against the buyer. The appeal was made by the project promoter contesting an earlier ruling by the Odisha Real Estate Regulatory Authority (ORERA). The complainant had paid over ₹3.19 crore for…

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Odisha RERA to Hire Land Expert for Dispute Resolution

BHUBANESWAR: To enhance governance, the Odisha Real Estate Regulatory Authority (ORERA) has begun the search for a land expert to help address complex disputes. This initiative follows the recent implementation of a standard operating procedure (SOP) by the revenue and disaster management department for the registration of part plots across the state. ORERA is currently accepting applications from retired Odisha Administrative Service (OAS) officers, particularly those with at least eight years of experience as tehsildars, sub-collectors, or land acquisition officers. The selected consultant, who should be under 62 years old, will assist ORERA in reviewing land documents, assessing building and…

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Odisha REAT Supports Buyer Amid Builder Delays and Amenities Issues

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has rejected an appeal from a local realtor disputing the applicability of the RERA Act, 2016 to its residential project in Andharua. During a recent session, the tribunal affirmed the Odisha Real Estate Regulatory Authority’s (ORERA) previous decision, mandating the developer to compensate the buyer and adhere to essential legal requirements. The case stemmed from a complaint by homebuyer Surya Prakash, who cited delays in possession, the absence of mandatory occupancy and fire safety certificates, and the failure to deliver the promised amenities as outlined in the sale agreement. Despite investing Rs…

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Odisha RERA Releases Guidelines for Easy Dispute Resolution

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has released comprehensive guidelines to guarantee the effective operations of the Conciliation and Dispute Resolution (CDR) cell, which aims to facilitate amicable resolutions for conflicts involving homebuyers, promoters, and agents. These guidelines outline the responsibilities of ORERA and complainants regarding grievances, promoting efficient settlement of disputes under the Real Estate (Regulation and Development) Act, 2016, through various alternative dispute resolution methods. As stated, the CDR cell will address disputes between promoters, agents, and allottees within the Act’s scope when referred by ORERA or upon application from one party. “If the authority is…

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SC directs states and UTs to enhance real estate agencies

BHUBANESWAR: The Supreme Court has issued important directives to enhance the functionality of real estate regulatory authorities throughout India, including the Odisha Real Estate Regulatory Authority (ORERA). The ruling in the case of Mansi Brar Fernandes vs Shubha Sharma and others, delivered on September 12, requires states and Union Territories to implement thorough measures to empower RERA bodies to effectively manage the sector. The SC’s directive underscores the necessity for adequate staffing and infrastructure within RERA authorities. Every RERA must include at least one member who possesses legal expertise or experience as a consumer advocate in real estate. This aims…

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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…

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Odisha RERA Issues Deadline for Quarterly Reports, Warns Action

Sure! Here’s a rewritten version of the content: BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has issued a final notice to promoters to submit their quarterly progress reports (QPR) for the April-June quarter by the end of this month. Previously, ORERA requested promoters to update their data and submit the QPR through its new platform, ORERA 2.0. However, only 64% of the projects have successfully uploaded their data thus far. ORERA has mandated that the reports be submitted by the end of July, either digitally or manually. “In line with prior instructions, particularly the ORERA letter dated June 18,…

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Govt Official to Lead Odisha RERA Meeting

BHUBANESWAR: A high-level meeting, chaired by Chief Secretary Manoj Ahuja, will address important issues related to the Odisha Real Estate Regulatory Authority (ORERA) on Wednesday, focusing on enhancing the authority’s operations. This marks the second meeting chaired by the Chief Secretary in recent weeks, following a leadership change at ORERA in June. The initial meeting took place on June 17, and this upcoming discussion will likely focus on the potential introduction of a regularization mechanism for pre-RERA apartments. The agenda, obtained by TOI, also covers discussions on access to private land and the approval process for using government land as…