About Odisha RERA

Odisha Real Estate Regulatory Authority (ORERA) has been established with effect from 7th October 2017 in accordance with the provisions of Section 30 of the Real Estate (Regulation and Development) Act, 2016. The Act came into force on 1st May 2017 and was enacted to regulate and promote the real estate sector through a quasi-judicial institutional mechanism.

ORERA is mandated to bring greater transparency, accountability, and efficiency to the real estate sector with a primary focus on protecting the interests of consumers. The Authority regulates real estate projects and ensures compliance with the provisions of the Act.

Key Features:
  • Mandatory registration of all eligible real estate projects before advertisement or sale.
  • Mandatory disclosure of project details including approved plans, layouts, land information, and approvals.
  • Regulation and monitoring of financial transactions related to registered projects.
  • Redressal of consumer complaints regarding non-delivery of promised facilities and services.
  • Award of compensation for losses sustained by allottees or promoters due to non-compliance or lapses.

The Authority plays a significant role in promoting transparency, protecting homebuyers, and fostering a healthy and trustworthy real estate environment in the State of Odisha.