rera odisha
rera odisha
rera odisha

RERA Odisha Registration Process and Rules Information

RERA Odisha Registration Process and Rules Information

RERA Odisha Registration Process and Rules Information

​Understanding the Real Estate Regulatory Authority (RERA) framework is essential to invest in Odisha's real estate market. Established to bring transparency and accountability to the real estate sector, RERA Odisha ensures that developers and buyers operate in a structured and secure environment.​

The registration of projects and contractors protects your investment and provides access to verified project details, timelines, and legal documentation.​

In this guide, we'll walk you through the RERA Odisha registration process, the rules you need to know, and how to navigate the system effectively. Whether you're a first-time homebuyer or a seasoned investor, this information will help you make informed decisions in Odisha's real estate world.

Purpose and Objectives of RERA Odisha

RERA Odisha took effect on May 1, 2017, with one clear goal, to make real estate transactions more trustworthy and less stressful. If you've ever felt unsure about a builder's promises or unclear project details, RERA steps in to fix that.

This regulation creates a space where buyers and developers know the rules, and everyone is held accountable. It adds structure to a sector that often lacks consistency.

Here’s what RERA Odisha focuses on:

  • Builds trust between homebuyers and developers by setting clear standards and timelines.

  • Promotes transparency through mandatory disclosures on project details and legal documents.

  • Provides a website where you can check if a project or agent is registered.

  • Helps ensure projects are completed and delivered as promised.

  • Offers a straightforward system to resolve disputes without delays.

By keeping everything above board, RERA Odisha helps you make confident decisions whether you're buying your first home or adding to your portfolio.

Now that you know the goals of RERA Odisha, let’s look at when registration becomes a legal requirement. Whether you’re developing a project or acting as a real estate agent, specific rules must be followed.

Mandatory Registration Requirements

Are you thinking about launching a real estate project in Odisha? Or are you planning to act as a broker? Then, you’ll need to understand when registration under RERA Odisha is a must.

If your project crosses a specific size or scale, skipping registration isn’t an option. The rules are clear and designed to bring order to the real estate.

Here’s when registration is mandatory:

  • Your project covers more than 500 square metres of land

  • It includes more than eight apartments

  • You’re operating as a real estate agent in Odisha

Whether you're developing or selling, RERA wants everyone on record. This helps protect homebuyers and ensures that professionals follow consistent guidelines.

Once you’re registered, the next step is staying compliant. RERA Odisha outlines what developers must disclose and how funds should be managed throughout the lifecycle of a project.

Project Details and Financial Regulations

When you register a project under RERA Odisha, transparency becomes a core requirement. As a developer, you must inform your buyers immediately by sharing all essential project information.

Here’s what you must provide:

  • Timelines for project completion

  • Layout plans and building specifications

  • Copies of all required project approvals

  • Regular updates on the RERA Odisha portal

On the financial side, there are strict rules to ensure responsible fund usage:

  • Seventy percent of the project funds must be kept in a dedicated escrow account.

  • These funds should only be used for land and construction-related expenses.

  • Withdrawals are allowed based on the progress of work, certified by an engineer, architect, and chartered accountant.

Want to ensure your project meets RERA norms while staying on schedule? Partner with BCD India for planning, design, and regulatory alignment.

Real estate agents aren’t left out, either. You must follow a dedicated process to operate as an agent in Odisha. Here’s how it works and what it’ll cost you.

Agent Registration Process and Fees

If you're a real estate agent looking to operate under RERA Odisha, you must go through a registration process. Whether you're registering as an individual or a company, the steps and requirements are straightforward.

Steps for Individual and Company Agent Registration:

  • Visit the RERA Odisha portal: Go to the official RERA Odisha website to begin your registration.

  • Choose your registration type: Select whether you apply as an individual agent or a company.

  • Submit required documents: Depending on your registration type, submit the necessary documents such as your ID proof, address proof, and business details for companies.

  • Complete the application form: Fill out the online form with accurate details about your business or professional background.

  • Pay the registration fee: Make the required payment through the portal and submit your application.

Once your application is reviewed, you'll receive your registration number, allowing you to operate legally in the state.

Registration and Renewal Fees:

  • Individual Agent: Individual agents' registration fees typically range from ₹10,000 to ₹20,000. This fee is valid for five years and is renewable.

  • Company: Companies need to pay a slightly higher fee, ranging from ₹25,000 to ₹50,000, depending on the scale and nature of their operations. This registration is also valid for five years and must be renewed after the period expires.

Even with all the rules in place, issues can still come up. The good news is that RERA Odisha has built-in mechanisms to help buyers and stakeholders resolve disputes quickly and fairly.

Complaints and Compensation

If you're facing issues with a real estate project, RERA Odisha provides a clear process for filing complaints and seeking compensation. Whether it’s project delays, quality issues, or non-compliance by developers, RERA Odisha offers a platform for resolution.

Process for Filing Complaints:

  • Visit the RERA Odisha Portal: Go to the official RERA Odisha website and navigate to the complaints section.

  • Submit Your Complaint: Fill out the online complaint form with details about your issue, including project information, the developer’s name, and a problem description.

  • Attach Supporting Documents: Upload relevant documents such as contracts, payment receipts, and any correspondence with the developer. These documents will support your case.

  • Pay the Filing Fee: There may be a nominal fee for filing the complaint, depending on the nature of the issue. Check the portal for the current fee schedule.

  • Review by Adjudicating Officer: Once submitted, your complaint will be reviewed by an adjudicating officer. They will investigate the matter and schedule a hearing if necessary.

  • Resolution: After considering both sides offering a resolution to the issue, the adjudicating officer will decide.

Fees Associated with Complaint Filings

The complaint filing fee generally ranges between ₹1,000 to ₹5,000, depending on the nature of the case. This fee is required when you submit your complaint.

Buyers Entitled to Compensation for Project Delays

  • Delayed Possession: If a developer fails to hand over possession of a property on time as per the agreement, buyers are entitled to compensation. This includes either a financial reimbursement or a reduction in the overall cost of the property.

  • Non-compliance: Developers who do not meet the agreed-upon quality standards or project specifications may also be liable for compensation, including repairs or quality adjustments.

  • Interest on Delayed Payments: If there’s a delay in possession due to the developer’s fault, buyers can claim interest on the amount paid, which will be calculated according to RERA norms.

RERA Odisha ensures that buyers are protected and developers adhere to their commitments. If you're dealing with any issues, using this platform is a proactive way to resolve them and ensure you're compensated fairly.

Whether you’re a developer or an agent, having the right documents is critical. Let’s break down exactly what paperwork you need to complete your registration without delays.

Documents Required for Registration

Real estate developers and agents must submit certain documents when registering under RERA Odisha to ensure transparency and compliance. These documents provide proof of identity, property details, and financial planning.

For Developers and Promoters

  • PAN and Aadhaar: These are required to verify the identity of the developer or promoter. The PAN (Permanent Account Number) and Aadhaar card are mandatory for registration.

  • Agent or Promoter Details: Information such as the developer's or promoter's name, address, and contact details helps identify the parties involved.

  • RoR (Record of Rights) or Ownership Documentation: This document is proof of ownership or rights over the land or property. It includes the title deed and other legal documents related to the land’s ownership.

  • Site Plan and Project Details: Developers must submit detailed site plans, floor plans, and layouts, including the design of common areas. This ensures that buyers have a clear understanding of the project’s structure.

For Real Estate Agents

  • PAN and Aadhaar: Like developers, agents must provide their PAN and Aadhaar cards to complete their registration.

  • Company or Individual Details: Agents must provide their company details (if registering as a company) or personal information if they register individually.

  • RoR or Ownership Documentation (if applicable): The agent may need to submit property ownership or rights documentation if the agent is also a promoter.

  • Financial Statements: Financial reports showcasing the agent's or developer's economic health (for developers) may be requested, primarily when registering larger projects.

For Both

  • Project and Financial Reports: Developers must submit financial planning documents, including feasibility reports, project cost estimates, and revenue projections.

  • Architectural Plans: Detailed and approved architectural plans that demonstrate compliance with local building codes and zoning laws.

  • Legal Documents: This includes the sale deed, title certificate, and other documents proving ownership or development rights.

These documents ensure that only credible and compliant developers and agents are registered under RERA Odisha. Preparing them in advance can speed up the registration process and ensure you comply with all regulations.

With your documents ready, it’s time to complete the actual registration. Here's a step-by-step guide to help promoters and agents navigate the official process on the RERA Odisha portal.

Registration Process for Promoters and Agents

Registering as a promoter or agent under RERA Odisha is a straightforward process, but following the steps correctly is important to ensure your registration is completed smoothly. Here’s a breakdown of the registration process for both promoters and agents:

For Promoters (Developers)

  1. Visit the RERA Odisha Official Website

Go to the RERA Odisha website to begin the registration process. Look for the "Promoter Registration" section on the homepage.

  1. Create an Account

Before registering your project, you must create an account by providing your basic details, such as name, email, and contact number. This will allow you to access the system.

  1. Fill Out the Registration Form

Once your account is set up, complete the online form with the necessary project details. This includes:

  • The name and address of the project

  • Details of land ownership (RoR, title deed, etc.)

  • Building plans and layouts

  • Project cost and timelines

  • Other necessary documents (site plans, approvals, etc.)

  1. Submit Supporting Documents

You must upload all the required documents, including PAN, Aadhaar, ownership documents, site plans, and project approvals. Make sure all documents are scanned and ready for upload.

  1. Pay the Registration Fees

The system will prompt you to pay the applicable registration fees based on the size and nature of your project. Payment can be made online through the portal.

  1. Confirmation and Registration Number

You will receive a confirmation email after submitting all necessary information and paying the fees. The RERA Odisha authority will review your registration, and once approved, you will be issued an RERA registration number for your project.

For Real Estate Agents

  1. Visit the RERA Odisha Website

Similarly, real estate agents must visit the RERA Odisha website and locate the "Agent Registration" section.

  1. Create User ID

Agents must create a user ID by providing basic details like name, contact information, PAN, Aadhaar, and any other personal or business-related data required.

  1. Provide Details of the Agency

If registering as a company, provide details about the business, such as the company's name, address, and PAN. Individual agents will provide their personal information, including their professional license number (if applicable).

  1. Upload Required Documents

Agents must upload documents such as their PAN and Aadhaar, proof of business registration (for company agents), and any other requested documents.

  1. Pay the Registration Fees

Agents are required to pay a registration fee upon submission. The cost varies based on whether you register as an individual or a company.

  1. Receive Registration Confirmation

After completing the steps and paying the fee, the agent will receive an email confirming their registration. RERA Odisha will review the registration, and once accepted, the agent will receive a RERA registration number.

Conclusion

RERA Odisha was introduced with a clear objective to foster a fair and transparent real estate market. Establishing a functioning regulatory framework ensures buyers' protection and promotes more efficient and accountable practices within the real estate sector. With rules governing project registration, developer accountability, and agent responsibilities, RERA Odisha plays a crucial role in shaping a more reliable real estate environment.

To stay updated on RERA Odisha developments and other key insights into the real estate market, sign up for Ashwinder R. Singh's newsletter. Gain valuable knowledge that will help you easily navigate the evolving world of real estate.

(Free Weekly Newsletter)

(Free Weekly Newsletter)

Unlock the Doors to Real Estate Knowledge and Success

Unlock the Doors to Real Estate Knowledge and Success

Unlock the Doors to Real Estate Knowledge and Success

Elevate your real estate journey with exclusive insights derived from decades of experience.

Join my tribe of home buyers, real estate and capital market investors, students, developers, home loan professionals and channel partners. Stay updated with my free, curated insights delivered weekly.

Unlock 15% Off!
Subscribe Now for Your Next Order Discount.

Subscribe to my newsletter