Real Estate
Oriental Trimex to Streamline Operations by Divesting Land and Granite Unit
Oriental Trimex, a leading marble processor and importer, plans to divest land assets and a granite unit in Odisha to streamline operations and boost liquidity. The company is also set to commence quarry operations at its Black Granite mine.
Real Estate
Odisha Introduces Groundbreaking Real Estate Reforms to Enhance RERA Implementation
In a bold step to strengthen the Real Estate (Regulation and Development) Act, 2016 (RERA), the Odisha government has rolled out a series of comprehensive reforms aimed at boosting transparency, coordination, and enforcement in the real estate sector.
real estate news
Odisha Strengthens Real Estate Regulations: ORERA to Get More Teeth
In a bid to enhance transparency and enforcement, the Odisha government has introduced several measures to strengthen the Real Estate (Regulation and Development) Act, 2016. Real-time notifications to ORERA and a monthly enforcement calendar are among the key changes.
Real Estate
Odisha Government Reviews Approach Roads for Real Estate Projects in Bhubaneswar and Cuttack
The Odisha government has decided to review the permissions granted for approach roads to all real estate projects approved in Bhubaneswar and Cuttack over the past five years, following a major controversy involving a project's registration revocation.
real estate news
Odisha Seeks Simplified Building Plan Approval Rules
The Indian Institute of Architects (IIA), Odisha Chapter, has proposed amendments to the Odisha Development Authorities (Planning and Building Standards) Rules to ease the plan approval process for low-risk buildings and make construction regulations more people-centric.
real estate news
Residents in Bhubaneswar Protest Against Real Estate Developer for Illegally Occupying Common Areas
Residents of an apartment complex in Bhubaneswar have filed a complaint against the developer for forcibly occupying and altering common areas, sparking a legal battle and silent protests.