RERA Odisha, established under the Real Estate (Regulation and Development) Act, serves as the principal authority overseeing the real estate sector in the state. This regulatory body is committed to enforcing stringent standards that ensure transparency, accountability, and ethical practices in property transactions, thereby safeguarding the interests of both developers and homebuyers.
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RERA Odisha: Fees and Charges
Below is a concise overview of the various fees and charges applicable under RERA Odisha. These rates ensure transparent registration processes and streamline real estate transactions for all stakeholders.
Project Registration Fees
| Category | Fees (INR) |
|---|---|
| Residential project | ₹5 per square metre |
| Commercial project | ₹10 per square metre |
| Mixed project (residential & commercial) | ₹14 per square metre |
Individual Agent Fees
| Type | Fees (INR) |
|---|---|
| Registration | ₹10,000 |
| Renewal | ₹2,000 |
Company Agent Fees
| Type | Fees (INR) |
|---|---|
| Registration | ₹1,00,000 |
| Renewal | ₹20,000 |
Charges for Filing Complaints
| Type | Fees (INR) |
|---|---|
| Before regulatory authority | ₹1,00,000 |
| Before adjudicating officer | ₹20,000 |
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How to Register to RERA Odisha as Promoters?
- Visit the official RERA Odisha website @https://rera.odisha.gov.in/home
- Click on the option that states “Do you want to register your project/ as an agent?”
- If you are not already registered as a promoter or agent, select “No” when prompted.
- Carefully review the guidelines provided and complete the application form with the necessary details.
- Click on the “Proceed to login” button to continue.
- Enter your username and password to sign in to your account.
- Once logged in, navigate to the dashboard and finalize the registration process.
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How to Register to RERA Odisha as an Agent?
- Go to the RERA Odisha website.
- Click the option to register as a project agent or promoter.
- If not registered, choose the “No” tab.
- Fill out the application form with the required details.
- Create a unique user ID and password.
- Click “Register” to finalize your registration.
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RERA Odisha: Eligibility Criteria
RERA Odisha establishes comprehensive eligibility criteria to ensure transparency and ethical practices in the real estate sector.
For Developers
| Criteria | Details |
|---|---|
| Project Registration | Register projects with Odisha RERA before promoting or selling any units. |
| Project Size Requirements | Applicable only for projects meeting the specific size criteria set by RERA. |
| Construction Standards | Must adhere to established construction standards to protect buyers’ interests. |
| Clearances and Approvals | Required to obtain necessary clearances from local and relevant authorities before registering. |
| Financial Capability | Must demonstrate sufficient financial resources to complete the registered project. |
For Real Estate Agents
| Criteria | Details |
|---|---|
| Mandatory Registration | Both individual agents and firms must register with Odisha RERA before conducting any real estate activities. |
| Code of Conduct Compliance | Required to adhere to the code of conduct as specified by Odisha RERA. |
| Educational/Certification Standards | May require specific educational qualifications or certifications pertinent to the industry. |
| Legal Eligibility | Must not have any criminal convictions or disqualifications that could affect professional operations. |
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RERA Odisha: Documents Required
Below is a brief overview of the primary documents required for RERA Odisha registration. Make sure you have these on hand before you begin the online application process.
| Document Category | Required Documents/Details |
|---|---|
| Personal/Business Identification | Individuals: PAN card, Aadhaar card, or any valid government ID. Firms/Companies: Certificate of incorporation or partnership deed, along with the entity’s PAN card. |
| Contact Details | Valid email address and mobile number; office address proof (e.g., electricity bill, rent agreement, or property tax receipt). |
| Photograph | Passport-sized photograph of the individual or authorized signatory (for entities). |
| Financial Information | Income Tax Returns (ITR) of the previous financial year; bank account details (account number, bank name, and branch details). |
| Business Details | Declaration of past real estate experience; list of current projects or transactions handled (if applicable). |
| Authorization Documents | Letter of authorization for the signatory (for companies/firms); board resolution (in case of companies). |
| Fee Receipt | Proof of payment of the prescribed registration fee. |
| Affidavit | Self-declaration confirming compliance with the Real Estate (Regulation and Development) Act, 2016. |
How to File a Complaint on RERA Odisha?
- Visit rera.odisha.gov.in.
- Click “Do you want to lodge a complaint?”
- Fill out the form with the required details and submit it.
- Check the status of your complaint by clicking the Complaint Status tab or searching by complaint nature/keyword.
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RERA in Various States
Comparing RERA implementations across different states can provide insights into best practices and areas for improvement. States with notable RERA implementations include:
- Karnataka
- Maharashtra
- Rajasthan
- Punjab
- Delhi
- Haryana
- Telangana
- Tamil Nadu
- Bihar
- Uttar Pradesh
- Chandigarh
- Uttarakhand
- Madhya Pradesh
- West Bengal
- Himachal Pradesh
- Goa
- Chhattisgarh
- Andhra Pradesh
- Kerala
- Jharkhand
- Mizoram
- Tripura
- Assam
- Manipur
Conclusion
RERA Odisha provides the transparency and security you need, while Credit Dharma takes care of your home loan requirements. From eligibility checks to quick approvals, our dedicated team is here to support you every step of the way.
Frequently Asked Questions
RERA Odisha is the state-specific implementation of the Real Estate (Regulation and Development) Act, aimed at regulating and promoting the real estate sector in Delhi.
You can register your project by filling out the application form on the RERA Odisha website, submitting necessary documents, and paying the required fees.
The fees vary based on the project size and type, with specific fee structures for different types of projects.
You can check the registration status online on the RERA Odisha website or by visiting the RERA office.
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