Archive · 6 Jun 2025
ORERA Orders Developers to Update Project Details Online
Imagine you are buying a house in Odisha.
The government wants to make sure you know what's happening with the project.
They've launched a new website where developers have to update all the details about their projects, like how the building is coming along and how many apartments are sold.
Developers have to put in all the info by June 15th.
This helps you, the buyer, stay informed and builds trust.
If the developers don't update, it could cause problems for everyone!
ORERA mandates developers to update project details on its new website, ORERA 2.0.
Developers must include construction milestones, booking status, and professional details.
A 26-page user manual is provided to assist developers in the update process.
The deadline for the update is June 15th.
Failure to update can impact regulatory work and affect homebuyers and promoters.
- Who
- Odisha Real Estate Regulatory Authority (ORERA) and developers and homebuyers
- What
- Developers updating project details on the ORERA 2.0 website.
- When
- Developers must update project details by June 15th.
- Where
- Odisha, India
- Why
- To keep homebuyers informed and promote transparency in real estate projects.
Homebuyers
Developers
Transparency and Information Access
Homebuyers
Benefit from up-to-date project information, increasing trust and facilitating informed decisions.
Developers
Comply with the updated regulations and ensure projects are accurately reflected.
- Authority
- Odisha Real Estate Regulatory Authority (ORERA)
- Website
- ORERA 2.0
- Required Updates
- Construction milestones, booking status, professional details
- User Manual
- 26 pages
- Deadline
- June 15th
