Odisha's ORERA is overhauling real estate agent reporting with transaction-level details starting December 2025 quarter. Agents must submit deeds, agreements, and receipts per deal after audit exposed filing gaps. Non-compliance risks fines under 2016 Act. Stay compliant to avoid penalties in Odisha's property market.
On November 5, 2025, Odisha Real Estate Appellate Tribunal dismissed a developer's appeal, declaring unilateral flat cancellation arbitrary and illegal. It upheld a buyer's right to possession in a Bhubaneswar project after Rs 60 lakh payments, enforcing RERA protections and setting a key precedent for homebuyers statewide.
Odisha intensifies real estate regulation with ORERA reforms, integrating digital systems and enforcing penalties via revenue departments to protect homebuyers. New measures include monthly enforcement targets, inter-departmental coordination, and recruitment drives to strengthen compliance across the state.
Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.