By Bizodisha Bureau, January 29, 2018: Odisha government has come up with strict guidelines for the real estate developers in a bid to restrict builders violating the Odisha Real Estate Regulatory Authority (ORERA) rules from illegal selling of plots or apartments.

The government belatedly took the decision as many builders are not following the RERA rules, said a senior official.

As per the new guidelines, a builder or an individual in case of selling the plots of around 500 sqmt (5382 sqft) land or the apartment consists of more than eight flats needs to submit the ORERA registration number and a copy of the certificate at the sub registry office. The builder will not be allowed to sell the property if he fails to produce the documents.

The sale of plot and apartment selling has slowed down post the notification in this regard at all the sub registry offices on January 17.

The notification also said that the builders without having ORERA registration number for the housing or land projects are not allowed to place any advertisement or hoarding for selling of their land or flats.

Strong action will be taken against the builders violating the rules under Real Estate Regulatory Authority (RERA) Act 2016. The authorities will not approve the plan of the projects. If approved, the plan will be cancelled, sources said.

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