Bhubaneswar: In order to protect the interest of people investing in housing projects, the Odisha government has further tightened the norms for the real estate developers.
The Housing and Urban Development department, in a recent notification, has stated that any housing project having more than eight apartments or developed in an area of over 500 square metre must be registered with the Odisha Real Estate Regulatory Authority (ORERA).
According to sources, the ORERA had issued a similar order last year. The government issued the fresh order after it was found that some builders were carrying out their projects having more than 8 apartments or developing those over 500 square metre land without registering with ORERA.
The department has asked urban local bodies (ULBs), development authorities (DAs), special planning authorities (SPAs) and regional improvement trusts (RITs) to issue completion or occupancy certificate in such projects after they are registered with the ORERA. The norm has been mandated under the existing Real Estate (Regulation and Development) Act, 2016.
In case of the projects outside the jurisdiction of DAs, RITs and SPAs, the block development officers (BDOs) can issue the occupancy certificate.
It may be noted that the Inspector General of Registration (IGR) had directed the registering officers in the state last month to stop registration of sale deeds of apartments without strict compliance with the Real Estate (Regulation and Development) (RERA) Act – 2016.
Also Read: Sale Deeds Of Apartments Not To Be Registered For Violation Of RERA Act In Odisha
