This guide will walk you through everything you need to know about searching for Odisha RERA registered projects. From understanding why RERA compliance matters to step-by-step instructions for using the Odisha RERA portal, you will have all the tools to make an informed choice. Plus, we will share how a home loan can simplify your path to homeownership.
What is Odisha RERA?
Odisha RERA (Real Estate Regulatory Authority) is a government body established under the RERA Act (Real Estate Regulation and Development Act, 2016). Its primary aim is to promote transparency, accountability, and fairness in the real estate sector. All real estate projects that meet specific criteria, such as covering more than 500 square metres or having more than eight units, must be registered with Odisha RERA. The authority ensures developers adhere to legal and construction standards, protecting homebuyers from fraud and providing a platform to resolve disputes effectively.Why search for RERA-registered projects?
Here is why you should always look for RERA-registered projects:- Transparency: Builders must disclose details like project timelines, layouts, and approvals.
- Accountability: Developers are liable for delays or violations of the agreement.
- Dispute resolution: RERA provides a platform for buyers to raise complaints.
- Safe investment: Registered projects meet legal requirements, ensuring a secure purchase.
Steps to find Odisha RERA registered projects
To find RERA registered projects in Odisha, you can follow these steps:1. Go to the RERA Odisha website at rera.odisha.gov.in.
2. Click the ‘Projects’ tab.
3. Select either ‘Offline Projects’ or ‘Online Projects.’
4. To search for a project, you can use the search panel and provide information like the project name, project type, master SI No., or registration number
5. You can also search by promoter or project name
Benefits of choosing RERA-registered projects in Odisha
- Legal compliance: RERA-registered projects adhere to the RERA Act, ensuring all approvals and permits are in place.
- Transparency: Builders disclose project details such as layouts, timelines, and construction status.
- Accountability: Developers are responsible for meeting deadlines and project specifications.
- Buyer protection: Dispute resolution mechanisms safeguard buyers’ rights.
- Investment security: Registered projects reduce the risk of fraud, providing peace of mind.
- Compensation for delays: If a project is delayed, buyers are entitled to compensation as per RERA guidelines.
Home loans for your dream property
If you are planning to invest in a residential property in Odisha, Bajaj Housing Finance offers tailored home loan solutions. With competitive interest rates and easy repayment options, Bajaj Housing Finance Home Loan can make your dream of owning a home a reality.Here are a few benefits of opting for a Bajaj Housing Finance Home Loan:
1. High loan amount: Secure a home loan of up to Rs. 15 crore* to bring your dream home to life.
2. Low interest rates: Enjoy interest rates starting at 8.25%* p.a, and EMIs as low as Rs. 741/lakh*.
3. Quick approval: Get approved within 48 Hours* of applying – sometimes even sooner.
4. Flexible repayment tenure: Choose a repayment term of up to 32 years for comfortable EMIs.
5. Simple application: Take advantage of doorstep document collection for a smooth process.
6. Balance transfer facility: Move your existing home loan and get a top-up loan with better terms.
Choose Bajaj Housing Finance Home Loan and turn your dream of owning a home into a reality.