real estate news
Odisha Government Mandates CC and OC for Real Estate Handovers
The Odisha Housing and Urban Development (H&UD) department has issued a notification, following a Supreme Court directive, mandating that realtors obtain a building’s Completion Certificate (CC) or Occupancy Certificate (OC) before handing possession over to buyers.
Real Estate
Odisha Government Enforces Strict New Rules for Real Estate Handovers
The Odisha government has introduced new regulations requiring real estate developers to obtain completion or occupancy certificates before handing over possession of buildings to buyers. This move, aligned with Supreme Court directives, aims to curb unauthorized constructions and ensure compliance with building standards.
Real Estate
Tribunal Orders Developer to Repurchase CC-less Flat After 20 Years
The West Bengal Real Estate Appellate Tribunal (WBREAT) has directed a developer to buy back a flat sold two decades ago due to the absence of a completion certificate (CC). The buyer, Sibsankar Koley, had lived in the flat for 19 years but faced issues with the mutation process due to the developer's failure to obtain the necessary documents.
Real Estate Maharashtra
MahaREAT – Uncompleted Projects Without Completion Certificate Treated as Ongoing
The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has ruled that real estate projects, even without a completion certificate, will be treated as ongoing if they are being actively worked on. This decision has significant implications for developers and homebuyers in the state.
Real Estate
ORERA Mandates Online Upload of Completion Certificates to Enhance Transparency in Odisha's Real Estate Sector
Bhubaneswar: The Odisha Real Estate Regulatory Authority (ORERA) has introduced a new mandate requiring real estate promoters to upload completion and occupancy certificates online. This move aims to enhance transparency and accountability in the real estate sector.
real estate news
ORERA Mandates Online Upload of Completion Certificates to Enhance Transparency in Odisha
Bhubaneswar: The Odisha Real Estate Regulatory Authority (ORERA) has introduced a new mandate requiring promoters to upload completion certificates online. This move aims to enhance transparency and accountability in the real estate sector, ensuring that buyers have access to all necessary documents before making investment decisions.