The Odisha Real Estate Appellate Tribunal (OREAT) has dismissed a realtor's appeal, upholding the earlier order to compensate a homebuyer for delayed possession and lack of promised amenities.
Rera ActReal EstateDelayed PossessionHomebuyerAmenitiesReal Estate NewsOct 05, 2025

The RERA Act, or the Real Estate (Regulation and Development) Act, 2016, is a law in India aimed at protecting homebuyers and promoting transparency, accountability, and efficiency in the real estate sector.
The developer's appeal was dismissed because the certificates they provided were found to be invalid and not issued by a competent authority, and they failed to comply with BDA regulations.
The homebuyer was entitled to interest at 10.2% per annum on Rs 47.84 lakh from December 7, 2019, to August 3, 2021, as well as the provision of all promised amenities and a valid occupancy certificate.
The key obligations include paying the interest, obtaining and handing over a valid occupancy certificate, providing all promised amenities, facilitating the formation of an association of allottees, and handing over common areas as per Section 17 of RERA.
If the developer fails to comply with the tribunal's order within two months, the complainant can take further legal action.

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