The registration process for apartments constructed before the enforcement of the Real Estate Regulatory Authority (RERA) Act in 2017 faces significant legal challenges in Odisha.
ReraOdishaApartment RegistrationReal EstateLegal ChallengesReal EstateMar 15, 2025
The RERA Act, implemented in 2017, is a comprehensive law designed to regulate the real estate sector in India. It aims to protect the interests of homebuyers, ensure transparency, and promote accountability among developers.
Pre-RERA registrations in Odisha are facing legal challenges due to the lack of clear guidelines and the complexity of obtaining retroactive approvals and clearances. This has caused delays and increased the overall cost of projects.
ORERA is holding consultations with developers, legal experts, and stakeholders to find a balanced approach. They are also considering the creation of a dedicated task force and simplifying the approval process.
Legal experts advise developers and homebuyers to seek professional legal consultation to understand their options and potential legal risks. Many law firms offer specialized RERA compliance services.
Industry associations are organizing workshops and forums to raise awareness about RERA regulations and provide a platform for stakeholders to discuss and solve issues. These efforts enhance transparency and promote collaboration within the industry.
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