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.
Real EstateBhubaneswarCommon AreasLegal DisputeOdisha Apartment ActReal Estate NewsMay 31, 2025
The main issue is that the developer is alleged to have forcibly occupied and altered common areas in the apartment complex, which legally belong to the residents' association.
Residents have filed a formal complaint with the deputy commissioner of police-cum-executive magistrate and organized a silent protest demanding the immediate handover of the common areas.
The Act mandates that all common areas in an apartment complex must be transferred to the association of allottees and developers are restricted from claiming ownership of these areas once individual apartments are sold.
The executive magistrate has issued an interim order preventing both parties from making changes to the common area and instructed the local police to ensure the site remains undisturbed.
A hearing has been scheduled for June 10, and the builder has been asked to explain his actions in court.
NCR and MMR housing prices surge 49% in five years, unsold inventory drops significantly
The Indian housing market has witnessed a 5% increase in sales across the top 8 cities, driven by demand for premium homes. According to a report by Knight Frank India, the highest sales volumes were recorded in Mumbai, with a 9% year-on-year growth.
Bajaj Housing Finance (BHFL) has reported a 20.95% increase in its net consolidated profit for the quarter ended September 30, 2024. The company's financial performance also saw a 26.09% rise in total income.
Godrej Properties has recorded significant sales of Rs 1000 crore from its newly launched project, Godrej Evergreen Square, in Pune. This marks a milestone in the company's residential real estate ventures.
A recent survey reveals that over 70% of women respondents prefer real estate as their top investment asset. Discover why women are turning to property and what types of properties they are buying.
Discover how the cheap labour of malnourished migrant workers is driving the real estate boom in Delhi NCR, despite harsh working conditions and exploitation.