Realtors under the banner of Confederation of Real Estate Developers’ Association (CREDAI), Odisha, alleged that the state authorities refuse registration to completed projects and treat it as ongoing projects due to the absence of occupancy certificate.

The Real Estate (Regulation and Development) Act, 2016, (RERA) rules of Uttar Pradesh, Karnataka, Tamil Nadu and Maharashtra say that projects completed before promulgation of the RERA Act do not come under the ambit of ‘ongoing’ projects. But there is no clarity in rules in the state,” said D S Tripathy, founder member of the CREDAI, Odisha.

The association urged the state government to frame rules like the four other states and approve the completed projects. “Realtors face a lot of financial problems as they cannot sell their houses due to absence of approval. It is nothing but harassment by the issuing agency,” said a member of the association Anil Kumar Agarwal.

They demanded amendments in RERA Act which complicates the registration process of the housing projects. The government should stop levying inappropriate fees while taking power of attorney of a land for its development.

Pin It on Pinterest