Odisha RERA Simplifies Compliance with Hard Copy Submission of Quarterly Progress Reports
The Odisha Real Estate Regulatory Authority (ORERA) has introduced a provision permitting the submission of quarterly progress reports (QPRs) in hard copy format. This decision, communicated in the past week, is aimed at improving compliance among real estate projects that were registered outside the current digital framework. The move is part of ongoing efforts to strengthen transparency and reporting standards under the Real Estate (Regulation and Development) Act.
The change is primarily targeted at projects that were registered through offline processes or are not fully integrated into ORERA’s online portal. These projects have faced operational challenges in meeting digital submission requirements, particularly in updating project-level disclosures on a periodic basis. By allowing physical submission of QPRs, the regulator seeks to ease procedural constraints while ensuring that mandatory disclosures continue without disruption.
Quarterly progress reports form a key compliance requirement under the RERA framework and include detailed information on construction progress, number of units sold, funds received, utilization of funds, and any changes to project specifications. These disclosures are intended to provide homebuyers and regulators with updated visibility on project execution and financial discipline.
The introduction of a hard copy submission route is expected to complement the existing digital reporting mechanism rather than replace it. ORERA has in recent years focused on strengthening online systems, including upgrades to its portal and the introduction of revised reporting formats to capture more granular data.
The decision reflects a broader regulatory approach aimed at improving compliance levels without excluding legacy or smaller projects that may not have fully transitioned to digital processes. It also comes amid increasing scrutiny by real estate regulators across states on timely submission of QPRs, which are considered critical for maintaining transparency and protecting homebuyer interests.
Industry observers note that reporting lapses in QPR submissions have led to enforcement actions in several states, underlining the importance of regular disclosures in the regulatory framework. The provision for hard copy submissions in Odisha is therefore expected to support higher compliance rates while maintaining oversight standards.
The move is likely to have implications for project monitoring and regulatory enforcement in the state, particularly in ensuring that older developments remain within the compliance framework. By facilitating easier submission of mandatory reports, ORERA aims to improve data availability, strengthen oversight, and support a more transparent real estate market.
