Odisha RERA Launches CDR Cell for Swift Home-Buying Dispute Resolution
The Odisha Real Estate Regulatory Authority (ORERA) has established a Conciliation and Dispute Resolution (CDR) cell to provide a cost-effective and speedy resolution mechanism for home-buying disputes.
Odisha ReraCdr CellHomebuying DisputesReal EstateRera Act 2016Real Estate MaharashtraSep 22, 2025
ORERA chairman Asit Kumar Mohapatra stated that the formation of the CDR cell and the drafting of its guidelines are in line with the provisions of the Real Estate (Regulation and Development) Act, 2016. This act mandates the facilitation of amicable conciliation of disputes between promoters and allottees through appropriate dispute settlement forums.
The CDR cell will serve as an alternative dispute resolution (ADR) platform, representing both home buyers and real estate developers. ORERA plans to appoint legal experts to the cell soon, ensuring that the process is fair and well-informed.
Mohapatra emphasized that the primary goal of the CDR cell is to promote a collaborative approach, allowing both parties to engage in a neutral forum and find a mutually acceptable solution. “This approach will not only expedite the resolution process but also reduce the financial burden on both parties,” he noted.
However, Mohapatra acknowledged that previous attempts to establish a functional CDR cell in the state had not been as successful as hoped. To improve the effectiveness of the cell, ORERA is closely monitoring the operations of similar cells in other states, particularly in Maharashtra, where significant progress has been made in facilitating out-of-court settlements.
According to the guidelines issued by ORERA, the CDR cell will address disputes between promoters, agents, and allottees that fall under the purview of the RERA Act 2016. ORERA can also refer matters to the CDR cell for conciliation with the consent of the involved parties.
The CDR cell has a two-month period to resolve disputes. If a mutual agreement is reached, it will be binding on all parties involved. In cases where an amicable settlement is not possible, the conciliation process will be terminated, and the disputes will be pursued as per the legal provisions before ORERA or any other court or forum.
By introducing the CDR cell, ORERA aims to enhance the transparency and accountability of the real estate sector in Odisha, ensuring that homebuyers and developers have a reliable and efficient mechanism for resolving disputes. This initiative is expected to foster greater trust and confidence in the real estate market, ultimately benefiting all stakeholders.
Frequently Asked Questions
What is the purpose of the CDR cell?
The purpose of the CDR cell is to provide a cost-effective and speedy resolution mechanism for home-buying disputes, promoting amicable solutions outside the formal court system.
Who can benefit from the CDR cell?
Both homebuyers and real estate developers can benefit from the CDR cell by resolving disputes in a collaborative and cost-effective manner.
What types of disputes can be addressed by the CDR cell?
The CDR cell can address disputes between promoters, agents, and allottees that fall under the purview of the RERA Act 2016.
How long does the CDR cell have to resolve a dispute?
The CDR cell has a two-month period to resolve disputes. If a mutually acceptable solution is not reached, the dispute will be pursued through legal channels.
Is the agreement reached through the CDR cell binding?
Yes, the consent agreement reached through the CDR cell is binding on all parties involved in the dispute.
Related News Articles
Real Estate Market Sees Gains Amid Positive Trend
Real Estate stocks rise as S&P BSE Realty Index gains 0.96% at 8117.27
Makers of 'Burj Khalifa' Enter Mumbai with Ultra-Luxury Villa Project
The real estate market in Maharashtra is set to witness a significant transformation with the launch of 'The Casa Venero,' an ultra-luxury villa project by the makers of the world-renowned Burj Khalifa.
Kanakapura Road: Bangalore's Emerging Eco-Friendly Real Estate Hub
Kanakapura Road in Bangalore is rapidly transforming into a sought-after real estate hotspot, with many residential projects emphasizing eco-friendly living. Green initiatives, landscaped gardens, and proximity to nature are key features attracting homebu
Maharashtra: Real Estate Sectors Anticipates Revolutionary Changes with New Government
The real estate sector in Maharashtra is buzzing with optimism as the newly formed government is expected to introduce transformative policies that could unlock significant growth and development in the industry.
Wakad and Wagholi in Pune Witness Significant Real Estate Price Growth
Pune's real estate market has seen impressive growth, with Wakad and Wagholi leading the way. Wakad, a prime area, recorded a 27% price increase, while the peripheral area of Wagholi saw a staggering 37% growth.
Hiranandani Group Makes Strategic Entry into Pune's Real Estate Market with Landmark Deal
The Hiranandani Group, one of India's leading real estate developers, has officially entered the vibrant real estate market of Pune by partnering with Krisala Developers on a significant 105-acre project.