+
Odisha to Amend Real Estate Laws for Easier Sale Deed Registration
Real Estate

Odisha to Amend Real Estate Laws for Easier Sale Deed Registration

The state government is planning to amend the Odisha Real Estate (Regulation and Development) Act of 2016, the Odisha Apartment (Ownership and Management) Act of 2023, and other related laws concerning development authorities to simplify the process of registering sale deeds for plots and apartments.

Revenue and disaster management minister Suresh Pujari stated that there are currently some obstacles in the registration of sale deeds for apartments and land in the state. He mentioned that the government is considering making the necessary changes to the laws and existing regulations.

He further explained that a meeting of stakeholders had been held to discuss the issue, as the current situation is causing difficulties for citizens, who face challenges in registering sale deeds, as well as for the government, which is losing significant revenue from stamp duty and registration. Pujari added that the required amendments would be made to the rules and regulations to streamline the registration process, and that these changes would be implemented soon.

The registration of sale deeds for apartments and land faced a setback in 2022 when the Orissa High Court, while hearing a petition, instructed the Inspector General of Revenue to ensure that all rules were followed at the sub-registrar level. However, sale deed registration for apartments resumed in May following the enactment of the Odisha Apartment (Ownership and Management) Act of 2023, although the numbers remained low, as the Act requires both an occupancy certificate and an association of allottees' certificate for the process to proceed.

Real estate expert Bimalendu Pradhan pointed out that many apartments in the city lack the necessary occupancy certificate, which has led to delays in registration and re-registration. He also mentioned that some sub-registrars had registered deeds in violation of the rules, resulting in their dismissal. Pradhan suggested that, in addition to the amendments, the government should introduce a regularization scheme for existing buildings. He emphasized that regularisation is the only way to resolve all the issues hindering sale deed registration.

The state government is planning to amend the Odisha Real Estate (Regulation and Development) Act of 2016, the Odisha Apartment (Ownership and Management) Act of 2023, and other related laws concerning development authorities to simplify the process of registering sale deeds for plots and apartments. Revenue and disaster management minister Suresh Pujari stated that there are currently some obstacles in the registration of sale deeds for apartments and land in the state. He mentioned that the government is considering making the necessary changes to the laws and existing regulations. He further explained that a meeting of stakeholders had been held to discuss the issue, as the current situation is causing difficulties for citizens, who face challenges in registering sale deeds, as well as for the government, which is losing significant revenue from stamp duty and registration. Pujari added that the required amendments would be made to the rules and regulations to streamline the registration process, and that these changes would be implemented soon. The registration of sale deeds for apartments and land faced a setback in 2022 when the Orissa High Court, while hearing a petition, instructed the Inspector General of Revenue to ensure that all rules were followed at the sub-registrar level. However, sale deed registration for apartments resumed in May following the enactment of the Odisha Apartment (Ownership and Management) Act of 2023, although the numbers remained low, as the Act requires both an occupancy certificate and an association of allottees' certificate for the process to proceed. Real estate expert Bimalendu Pradhan pointed out that many apartments in the city lack the necessary occupancy certificate, which has led to delays in registration and re-registration. He also mentioned that some sub-registrars had registered deeds in violation of the rules, resulting in their dismissal. Pradhan suggested that, in addition to the amendments, the government should introduce a regularization scheme for existing buildings. He emphasized that regularisation is the only way to resolve all the issues hindering sale deed registration.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code