Bhubaneswar, June 12 -- : In a major relief for homebuyers, landowners and real estate promoters, the Odisha Government has introduced a Special Order to streamline the registration of apartment units in projects completed before the implementation of the Real Estate (Regulation and Development) Act (RERA) on October 5, 2016.
Announcing the move, Housing and Urban Development Minister Krushna Chandra Mahapatra said the initiative is aimed at resolving long-pending registration hurdles affecting thousands of stakeholders associated with older apartment projects across the state.
The Special Order, notified through the Extraordinary Issue of the Odisha Gazette, establishes a legal mechanism to address documentation gaps and compliance issue...