Tag: Odisha RERA

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Odisha REAT Rejects Promoter’s Appeal on ORERA Ruling

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has rejected a promoter’s appeal against a ruling by the Odisha Real Estate Regulatory Authority (ORERA), affirming decisions aimed at safeguarding apartment owners’ interests in a significant residential project in Patia. During a recent session, the tribunal asserted that the promoter is legally required to adhere to ORERA’s directives regarding promised amenities, rectification of structural flaws, transparency in maintenance and corpus fund accounts, as well as the transfer of common areas to the allottees’ association. According to the case background, a complaint was lodged by the apartment owners’ association, highlighting that numerous…

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Odisha Government Starts Appointing New RERA Member

BHUBANESWAR: The Odisha state government has begun the process of appointing a new member (administration) to the Odisha Real Estate Regulatory Authority (ORERA), following a vacancy left by the sudden departure of the previous appointee, who was in the role for just under a year. This development is particularly important for ORERA, especially with the chairperson position in the Odisha Real Estate Appellate Tribunal (OREAT) remaining unfilled since May. Stakeholders are concerned that continued vacancies in key roles may hinder the timely resolution of disputes involving homebuyers, developers, and real estate projects. The member (administration) is one of three positions…

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Odisha REAT Rules Builder’s Flat Cancellation Illegal

BHUBANESWAR: The Odisha Real Estate Appellate Tribunal (OREAT) has overturned a decision made by the Odisha Real Estate Regulatory Authority (ORERA), declaring the cancellation of an apartment allotment in a prominent housing project in Kalarahanga as illegal. This cancellation occurred after the buyer had already made a payment to the builder. The tribunal’s recent ruling instructed the builder to issue a revised demand for delayed interest, rather than canceling the allotment. The dispute originated from a flat booked by the buyer in December 2017 for ₹91.36 lakh, of which ₹10 lakh was paid upfront. A sale agreement was subsequently executed…

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Verify Clients with Latest UN Sanctions: Odisha RERA to Agents

BHUBANESWAR: In response to recent updates by the United Nations Security Council (UNSC) sanctions committees regarding global high-risk individuals and entities, the Odisha Real Estate Regulatory Authority (ORERA) has issued a directive requiring all registered agents to implement anti-money laundering and counter-terrorism financing measures in accordance with the Prevention of Money Laundering Act. This directive follows guidance from the Director General of Audit, Indirect Taxes and Customs. Under the updated compliance framework, real estate agents are now recognized as reporting entities, necessitating alignment of their customer due diligence processes with the most recent international sanctions. ORERA has instructed real estate…

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Odisha RERA Updates QPR Format for Real Estate Projects

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has updated the quarterly progress report (QPR) format for real estate projects, correcting issues in the financial status pro forma that promoters must submit for registered projects. In an announcement made on Wednesday, ORERA noted that it identified certain errors in Pro forma-II(B), which pertains to the project’s financial status and requires certification by a chartered accountant. The authority has since rectified this form and advised updates to the corresponding section of ORERA 2.0. This latest directive follows an earlier modification made by ORERA on April 22, which altered the QPR format…

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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 Eases Apartment Registration for Pre-RERA Projects

BHUBANESWAR: In a significant boost for homebuyers, landowners, and promoters in Odisha, the State Government has issued a Special Order aimed at facilitating the registration of apartment units in projects completed before the Real Estate (Regulation and Development) Act (RERA) came into effect on October 5, 2016. Odisha Housing & Urban Development Minister Krushna Chandra Mahapatra announced this decision, stating it seeks to resolve long-standing registration challenges faced by buyers and other stakeholders in older apartment projects. According to a press release, “The Special Order, published in the Extraordinary Issue of the Odisha Gazette, establishes a clear legal framework to…

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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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Bhubaneswar: BMC Halts Builder’s Work After Resident Complaints

BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has ordered a halt to construction activities at a housing project in Nandan Vihar due to multiple complaints from the residents’ welfare association. The residents raised concerns regarding unauthorized expansions, violations of ORERA regulations, and the developer’s neglect of critical infrastructure commitments. BMC officials confirmed that the stop-work order was issued on Friday after a preliminary investigation revealed ongoing construction for the expansion block despite identified violations. A senior official from the BMC stated that inspectors have been tasked with monitoring the site to ensure compliance with the order. “In light of the grievances…