Odisha Govt To Streamline Registration Of Common Area, Modalities For Pre-RERA Projects

𝐎𝐝𝐢𝐬𝐡𝐚 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐞𝐬 𝐀𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧

The state introduces buyer-friendly measures under RERA & Odisha Apartment Ownership Act 2023. Key updates include clear cost bifurcations for apartments and common areas, streamlined registration fees to prevent duplication, and enhanced transparency. Developers must adhere to prescribed norms, ensuring fair cost allocation and protection for homebuyers.

#OdishaRealEstate #RERAUpdates

Source: https://www.newindianexpress.com/states/odisha/2024/Nov/10/odisha-govt-to-streamline-registration-of-common-area-modalities-for-pre-rera-projects