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Real Estate Developers Association of Odisha

Realtors postpone launching of new projects due to elections

Realtors postpone launching of new projects due to elections
The realty developers in city have postponed the launching of new projects as the consumers are expand with upcoming polls in the state and are waiting for the development of new government. Mr. Sanjay Kumar Jha, secretary of Real Estate Developers Association of Odisha, says that developers are not taking risk of launching new projects. [...] Continue Reading »

15% reserve for affordable housing faces opposition

15% reserve for affordable housing faces opposition
Bhubaneswar- Odisha developers are suspicious with the state government’s plan of developing one lakh affordable houses in 10 years. The government had initiated ‘scheme for affordable urban housing in Odisha-2012′ which directs developers to reserve 15 percent built-up space for developing residential units for economically weaker section (EWS) and lower income group (LIG). But the [...] Continue Reading »

Realtors not happy with provisions in new regulation bill

Realtors not happy with provisions in new regulation bill
Bhubaneswar- Real estate developers in Odisha came up with different opinions on the proposed realty regulation bill. Although all sections have given their consent to the proposal of Real Estate Regulatory Authority (RERA), they are dissatisfied with the various clauses and liability provisions in the bill. The proposed bill is expected to be put forth [...] Continue Reading »



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