BHUBANESWAR: Odisha Real Estate Regulatory Authority (ORERA) has notified the formation of a Conciliation and Dispute Resolution (CDR) cell at its office here. The CDR cell will be a platform for distressed homebuyers and promoters to amicably resolve disputes, thus, saving both parties from entering any further legal battles.
ORERA made a similar attempt in Jan last year, but the cell couldn’t become operational as it lacked govt approval. This time ORERA notified the cell after approval of the housing and urban development department.
“In accordance with the provisions under Section 32 (g) of the Real Estate (Regulation and Development) Act, 2016, a conciliation and dispute resolution cell has been constituted in ORERA with the approval of the housing and urban development department,” read the ORERA notice.
As per the notice, the cell has five members who will hear the cases brought by the promoters and allottees. The secretary of ORERA will be the primary member in the cell, followed by the joint secretary of finance in ORERA and the consultant in the legal cell of the real estate body. The cell will also have a representative from a developers’ association and another from an allottee’s association.
“To nominate a representative from a registered association of allottees, all interested associations registered under the Odisha Apartment (Ownership and Management) Act, 2023 and Rules, 2024 are hereby invited to nominate one suitable member from their association,” the notice reads. All registered associations have been asked to submit their nominations by July 30, 2025. ORERA has also shared a format according to which the associations of allottees will submit their nominations.
“This is a step in the right direction. Such a CDR cell will help save a lot of time and resources for both buyers and sellers. People should know about the cell so that they are benefitted from it,” Subash Jena, a real estate analyst, said.
- Published On Jul 25, 2025 at 09:50 AM IST
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