Скачать или смотреть Why Apartment Registration in Odisha is on HOLD ? Episode-1

Apartment Registration in Odisha Start କେବେ ? Episode-1 ?


Apartment registrations in Odisha were on hold primarily due to the absence of clear guidelines regarding ownership and management of common areas under the Real Estate (Regulation and Development) Act (RERA). This created legal and procedural uncertainties, particularly concerning the registration of shared spaces in favor of apartment owner associations.

The recent notification of the Odisha Apartment Ownership and Management Rules 2024 addresses these issues. These rules aim to ensure compliance with RERA, safeguard homebuyers' interests, and bring transparency to real estate transactions. However, new procedures, like requiring prior verification by competent authorities before submitting sale deeds, might lengthen the registration timeline to 30 days or more. Stakeholders, including CREDAI Odisha, have requested further clarifications and streamlined processes to avoid delays

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