Tag: Odisha

Latest StoriesRegulatory

Orissa HC Rejects LIC’s Flat Cancellation in Bhubaneswar

Orissa High Court CUTTACK: The Orissa High Court has overturned the Life Insurance Corporation of India’s (LIC) decision to revoke flat allotments under its “Policy Holders’ Housing Scheme” at Jeevan Bima Nagar, Chandrasekharpur, Bhubaneswar. The court ordered LIC to finalize the allotment process within eight weeks, contingent on each allottee paying an additional 10% of the original flat cost. The judgment came after reviewing four separate petitions filed by Satyavan K Panda, Dr. Laxmikanta Mishra, Dr. Swapna Kabiraj, and Saktidhar Das from 2015 to 2018. In 2014, a lottery was conducted for 75 flats under Phase-II of LIC’s housing scheme,…

Latest StoriesResidential

Odisha Launches ₹500–1,500 Monthly Rental Homes for All

Representative AI image BHUBANESWAR: Tenants, especially students and the urban poor, can breathe a sigh of relief as the housing and urban development department launches an innovative rental housing project across multiple urban centers in the state. The project aims to provide quality accommodation for targeted beneficiaries, with affordable rent ranging from Rs 500 to Rs 1,500 per month. Several rental housing complexes are currently being constructed in Odisha, with one already operational in Bhubaneswar. According to official data, Bhubaneswar hosts three such projects: a 200-bed facility in Kharvel Nagar and two 100-bed facilities in Shampur and Chandrasekharpur. Additionally, the…

Latest StoriesResidential

Odisha to Issue 50,000 Home Work Orders for Poor on Sept 17

BHUBANESWAR: In an important initiative to support housing for economically weaker sections, the state government plans to issue work orders for 50,000 houses under the Antyodaya Gruha Yojana on September 17, coinciding with Prime Minister Narendra Modi’s birthday, as announced by Panchayati Raj Minister Rabi Narayan Naik on Thursday. The scheme aims to provide permanent housing to economically disadvantaged families, including those with disabilities, leprosy patients, and extremely poor households. Minister Naik emphasized that this initiative would tackle persistent housing issues in rural Odisha by offering eligible families durable homes. Launched on March 30 this year by Chief Minister Mohan…

Latest StoriesRegulatory

Odisha HC: Co-owners can sell undivided property shares freely

CUTTACK: The Orissa High Court recently upheld the rights of co-owners in joint properties, stating that a co-sharer can sell their undivided share without needing consent from other co-sharers. This resolution was issued by Justice Ananda Chandra Behera during a hearing regarding a petition from Padmini Barik. She contested the refusal of the Basudevpur sub-registrar in Bhadrak district to register her sale deed. Barik claimed her deed was rejected due to the absence of her co-sharers’ consent. The High Court deemed this refusal legally invalid. In the judgment delivered on August 25, Justice Behera referenced Section 44 of the Transfer…

InfrastructureLatest Stories

Odisha Introduces 7 New Municipalities, 16 NACs for Better Services

BHUBANESWAR: In an effort to enhance civic amenities and empower urban local bodies (ULBs), Chief Minister Mohan Charan Majhi announced on Sunday the establishment of seven new municipalities and 16 notified area councils (NACs) across various districts. This initiative allows these areas to manage their own budgets. During the state’s Local Self Governance (LSG) Day celebration, Majhi emphasized the importance of making urban areas free of potholes and closing open drains by April 2026. He stated that urban regions represent development, and achieving clean, pothole-free roads and infrastructure is crucial for meeting this goal. The new NACs include Loisinga in…

Latest StoriesRegulatory

SC Orders Odisha to Follow December 2024 Building Law Ruling

BHUBANESWAR: A local resident has recently submitted a contempt petition to the Supreme Court, claiming that authorities have not complied with its December order mandating all states and Union Territories to issue circulars enforcing adherence to urban development laws. The Supreme Court had previously instructed that all buildings—new and old—must comply with approved plans and secure occupancy certificates (OC) to ensure essential services like water and electricity. However, over eight months later, Odisha has reportedly failed to issue such a circular. Taking the petition into consideration, the Supreme Court stated, “Although the petitioner has invoked the contempt jurisdiction of this…

Latest StoriesResidential

Odisha: 1.36 Lakh Homes Built under PMAY-Urban in 10 Years

BHUBANESWAR: The state government has successfully constructed 136,000 houses for urban poor citizens under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) across 115 urban local bodies over the past decade since 2015, according to the Odisha Urban Housing Mission (OUHM). Data indicates that a total of 184,000 houses were sanctioned under PMAY-U, with 162,000 already initiated, achieving 73% of the state’s target for housing. This housing data is essential for the Odisha Economic Survey Report 2025-26. In terms of specific scheme components, beneficiary-led construction accounts for the highest number, with 131,000 houses completed. Additionally, 3,650 houses were finished under the affordable…

IndustryLatest Stories

Odisha Governor Encourages Real Estate Investment in Tier II & III Cities

BHUBANESWAR: Odisha Governor Hari Babu Kambhampati has encouraged real estate developers to invest in tier II and III cities to promote balanced urbanization and sustainable development. He emphasized the importance of ethical business practices and customer-centric models to foster trust within the sector. “Odisha is at a pivotal moment, emerging as the growth hub of Eastern India. Projects like smart cities in Bhubaneswar and Rourkela, along with the Bhubaneswar-Cuttack-Puri Corridor and major industrial zones, are unlocking tremendous potential,” he noted. During an Extraordinary General Meeting (EGM) of the Confederation of Real Estate Developers’ Associations of India (Credai) held on Friday,…

Latest StoriesRera

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,…